External balance on goods and services in Lao People’s Democratic Republic
Lao People’s Democratic Republic: External balance on goods and services was -11.21 trillion current LCU in 2016. ◆ Volatile
External balance on goods and services in Lao People’s Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2016, external balance on goods and services in Lao People’s Democratic Republic stood at -11.21 trillion current LCU.
That represents a change of up 46.6% on the previous year and down 465.6% over ten years.
Over the whole period, external balance on goods and services in Lao People’s Democratic Republic peaked at -2.20 billion current LCU in 1984 and was at its lowest, -20.98 trillion current LCU, in 2015.
That places Lao People’s Democratic Republic 184th out of 192 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -25.98 billion current LCU | -82.70 billion current LCU | -2.20 billion current LCU | 6 |
| 1990s | -274.46 billion current LCU | -858.04 billion current LCU | -80.80 billion current LCU | 10 |
| 2000s | -3.79 trillion current LCU | -8.33 trillion current LCU | -1.02 trillion current LCU | 10 |
| 2010s | -15.10 trillion current LCU | -20.98 trillion current LCU | -7.74 trillion current LCU | 7 |
Countries ranked near Lao People’s Democratic Republic
- 181 Paraguay -7.89 trillion current LCU compare
- 182 Pakistan -8.22 trillion current LCU compare
- 183 Madagascar -10.29 trillion current LCU compare
- 185 Uganda -16.68 trillion current LCU compare
- 186 Syrian Arab Republic -19.48 trillion current LCU compare
- 187 Guinea -51.06 trillion current LCU compare
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 27,924 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 20,390 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0 (2025)
- Gdp worldbank constant usd, annual growth rate 4.54 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.21 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 2,807 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services in Lao People’s Democratic Republic?
- External balance on goods and services in Lao People’s Democratic Republic was -11.21 trillion current LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Lao People’s Democratic Republic?
- The highest recorded value was -2.20 billion current LCU in 1984.
- What is the lowest external balance on goods and services recorded in Lao People’s Democratic Republic?
- The lowest recorded value was -20.98 trillion current LCU in 2015.
- How does Lao People’s Democratic Republic rank for external balance on goods and services?
- Lao People’s Democratic Republic ranks 184th out of 192 countries with data for 2016.
- Is external balance on goods and services rising or falling in Lao People’s Democratic Republic?
- Over the last ten years it is down 465.6%. 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.