External balance on goods and services (current LCU), annual growth in Lao People's Democratic Republic
Lao People's Democratic Republic: External balance on goods and services (current LCU), annual growth was 46.56 % change on previous year in 2016. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Lao People's Democratic Republic, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 46.56 % change on previous year for external balance on goods and services (current lcu), annual growth in 2016.
The figure is up 490.1% on the previous year and down 8.6% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Lao People's Democratic Republic peaked at 50.95 % change on previous year in 2006 and was at its lowest, -184.11 % change on previous year, in 1988.
Lao People's Democratic Republic ranks 23rd of 192 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | -177.27 % change on previous year | — |
| 1986 | -13.11 % change on previous year | -92.6% |
| 1987 | -118.84 % change on previous year | +806.2% |
| 1988 | -184.11 % change on previous year | +54.9% |
| 1989 | -92.77 % change on previous year | -49.6% |
| 1990 | 2.3 % change on previous year | -102.5% |
| 1991 | -9.65 % change on previous year | -520.2% |
| 1992 | 8.13 % change on previous year | -184.2% |
| 1993 | -13.39 % change on previous year | -264.8% |
| 1994 | -78.06 % change on previous year | +482.9% |
| 1995 | -21.87 % change on previous year | -72.0% |
| 1996 | -58.19 % change on previous year | +166.1% |
| 1997 | -20.7 % change on previous year | -64.4% |
| 1998 | -25.41 % change on previous year | +22.8% |
| 1999 | -78.92 % change on previous year | +210.6% |
| 2000 | -19.42 % change on previous year | -75.4% |
| 2001 | -55.58 % change on previous year | +186.2% |
| 2002 | -8.14 % change on previous year | -85.4% |
| 2003 | -67.5 % change on previous year | +729.3% |
| 2004 | -41.01 % change on previous year | -39.2% |
| 2005 | 0.7488 % change on previous year | -101.8% |
| 2006 | 50.95 % change on previous year | +6703.6% |
| 2007 | -145.14 % change on previous year | -384.9% |
| 2008 | -52.22 % change on previous year | -64.0% |
| 2009 | -12.57 % change on previous year | -75.9% |
| 2010 | 1.37 % change on previous year | -110.9% |
| 2011 | 5.8 % change on previous year | +322.4% |
| 2012 | -136.61 % change on previous year | -2455.7% |
| 2013 | -11.95 % change on previous year | -91.3% |
| 2014 | 8.54 % change on previous year | -171.5% |
| 2015 | -11.94 % change on previous year | -239.7% |
| 2016 | 46.56 % change on previous year | -490.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -117.22 % change on previous year | -184.11 % change on previous year | -13.11 % change on previous year | 5 |
| 1990s | -29.58 % change on previous year | -78.92 % change on previous year | 8.13 % change on previous year | 10 |
| 2000s | -34.99 % change on previous year | -145.14 % change on previous year | 50.95 % change on previous year | 10 |
| 2010s | -14.03 % change on previous year | -136.61 % change on previous year | 46.56 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.55 % change on previous year (2016)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.4914 constant 2015 US$ per US$ of GDP (2016)
- Imports of goods and services (constant 2015 US$), per capita 1,132 constant 2015 US$ per person (2016)
- External balance on goods and services (current US$), annual growth 46.54 % change on previous year (2016)
- Agriculture, forestry, and fishing, value added (current LCU), annual 11.4 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 3,397 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 7.90 million current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.52 % change on previous year (2025)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Lao People's Democratic Republic?
- External balance on goods and services (current lcu), annual growth in Lao People's Democratic Republic was 46.56 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Lao People's Democratic Republic?
- The highest recorded value was 50.95 % change on previous year in 2006.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Lao People's Democratic Republic?
- The lowest recorded value was -184.11 % change on previous year in 1988.
- How does Lao People's Democratic Republic rank for external balance on goods and services (current lcu), annual growth?
- Lao People's Democratic Republic ranks 23rd out of 192 countries with data for 2016.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.