Gross domestic product (GDP) in Laos
Laos: Gross domestic product (GDP) was 54.95 billion international-$ in 2011 prices in 2022. ◆ Volatile
Latest (2022)
54.95 billion international-$ in 2011 prices
Change on year
up 4.4%
World rank
105th
of 166 countries
All-time high
54.95 billion international-$ in 2011 prices
in 2022
All-time low
1.31 billion international-$ in 2011 prices
in 1950
Years of data
73
1950–2022
Gross domestic product (GDP) in Laos, 1950–2022
Source: Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Laos is 54.95 billion international-$ in 2011 prices, measured in 2022. That is the highest value across all 73 years on record.
That represents a change of up 4.4% on the previous year and up 78.7% over ten years.
Over the whole period, gross domestic product (gdp) in Laos peaked at 54.95 billion international-$ in 2011 prices in 2022 and was at its lowest, 1.31 billion international-$ in 2011 prices, in 1950.
That places Laos 105th out of 166 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Laos, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1950 | 1.31 billion international-$ in 2011 prices | — |
| 1951 | 1.36 billion international-$ in 2011 prices | +3.2% |
| 1952 | 1.40 billion international-$ in 2011 prices | +3.0% |
| 1953 | 1.44 billion international-$ in 2011 prices | +3.1% |
| 1954 | 1.49 billion international-$ in 2011 prices | +3.1% |
| 1955 | 1.53 billion international-$ in 2011 prices | +3.2% |
| 1956 | 1.58 billion international-$ in 2011 prices | +2.9% |
| 1957 | 1.63 billion international-$ in 2011 prices | +3.1% |
| 1958 | 1.68 billion international-$ in 2011 prices | +3.3% |
| 1959 | 1.73 billion international-$ in 2011 prices | +3.0% |
| 1960 | 1.78 billion international-$ in 2011 prices | +2.9% |
| 1961 | 1.84 billion international-$ in 2011 prices | +3.2% |
| 1962 | 1.90 billion international-$ in 2011 prices | +3.2% |
| 1963 | 1.95 billion international-$ in 2011 prices | +3.0% |
| 1964 | 2.01 billion international-$ in 2011 prices | +3.1% |
| 1965 | 2.08 billion international-$ in 2011 prices | +3.1% |
| 1966 | 2.14 billion international-$ in 2011 prices | +3.1% |
| 1967 | 2.21 billion international-$ in 2011 prices | +3.1% |
| 1968 | 2.28 billion international-$ in 2011 prices | +3.1% |
| 1969 | 2.35 billion international-$ in 2011 prices | +3.1% |
| 1970 | 2.42 billion international-$ in 2011 prices | +3.1% |
| 1971 | 2.54 billion international-$ in 2011 prices | +5.1% |
| 1972 | 2.63 billion international-$ in 2011 prices | +3.3% |
| 1973 | 2.86 billion international-$ in 2011 prices | +8.8% |
| 1974 | 2.96 billion international-$ in 2011 prices | +3.7% |
| 1975 | 3.16 billion international-$ in 2011 prices | +6.6% |
| 1976 | 3.25 billion international-$ in 2011 prices | +2.9% |
| 1977 | 3.19 billion international-$ in 2011 prices | -2.0% |
| 1978 | 3.22 billion international-$ in 2011 prices | +1.0% |
| 1979 | 3.16 billion international-$ in 2011 prices | -1.9% |
| 1980 | 3.47 billion international-$ in 2011 prices | +9.9% |
| 1981 | 4.00 billion international-$ in 2011 prices | +15.3% |
| 1982 | 4.28 billion international-$ in 2011 prices | +7.1% |
| 1983 | 4.48 billion international-$ in 2011 prices | +4.7% |
| 1984 | 4.81 billion international-$ in 2011 prices | +7.2% |
| 1985 | 5.05 billion international-$ in 2011 prices | +5.1% |
| 1986 | 5.30 billion international-$ in 2011 prices | +4.9% |
| 1987 | 5.22 billion international-$ in 2011 prices | -1.5% |
| 1988 | 5.12 billion international-$ in 2011 prices | -2.0% |
| 1989 | 5.85 billion international-$ in 2011 prices | +14.2% |
| 1990 | 6.24 billion international-$ in 2011 prices | +6.7% |
| 1991 | 6.55 billion international-$ in 2011 prices | +5.1% |
| 1992 | 6.97 billion international-$ in 2011 prices | +6.3% |
| 1993 | 7.43 billion international-$ in 2011 prices | +6.7% |
| 1994 | 8.10 billion international-$ in 2011 prices | +8.9% |
| 1995 | 8.73 billion international-$ in 2011 prices | +7.8% |
| 1996 | 9.40 billion international-$ in 2011 prices | +7.7% |
| 1997 | 10.12 billion international-$ in 2011 prices | +7.7% |
| 1998 | 10.60 billion international-$ in 2011 prices | +4.7% |
| 1999 | 11.46 billion international-$ in 2011 prices | +8.1% |
| 2000 | 12.21 billion international-$ in 2011 prices | +6.5% |
| 2001 | 13.01 billion international-$ in 2011 prices | +6.5% |
| 2002 | 13.87 billion international-$ in 2011 prices | +6.7% |
| 2003 | 14.84 billion international-$ in 2011 prices | +7.0% |
| 2004 | 16.00 billion international-$ in 2011 prices | +7.8% |
| 2005 | 17.21 billion international-$ in 2011 prices | +7.5% |
| 2006 | 17.18 billion international-$ in 2011 prices | -0.2% |
| 2007 | 20.45 billion international-$ in 2011 prices | +19.1% |
| 2008 | 22.21 billion international-$ in 2011 prices | +8.6% |
| 2009 | 24.05 billion international-$ in 2011 prices | +8.3% |
| 2010 | 26.20 billion international-$ in 2011 prices | +8.9% |
| 2011 | 28.51 billion international-$ in 2011 prices | +8.8% |
| 2012 | 30.76 billion international-$ in 2011 prices | +7.9% |
| 2013 | 33.21 billion international-$ in 2011 prices | +8.0% |
| 2014 | 35.73 billion international-$ in 2011 prices | +7.6% |
| 2015 | 38.42 billion international-$ in 2011 prices | +7.5% |
| 2016 | 41.13 billion international-$ in 2011 prices | +7.0% |
| 2017 | 43.96 billion international-$ in 2011 prices | +6.9% |
| 2018 | 46.70 billion international-$ in 2011 prices | +6.2% |
| 2019 | 49.24 billion international-$ in 2011 prices | +5.5% |
| 2020 | 50.86 billion international-$ in 2011 prices | +3.3% |
| 2021 | 52.63 billion international-$ in 2011 prices | +3.5% |
| 2022 | 54.95 billion international-$ in 2011 prices | +4.4% |
Laos compared with similar countries
- Laos's 54.95 billion international-$ in 2011 prices is above the median for lower middle income countries, which is 54.95 billion international-$ in 2011 prices, 1.0× the median. (41 countries reporting)
- Laos's 54.95 billion international-$ in 2011 prices is below the median for East Asia & Pacific, which is 833.80 billion international-$ in 2011 prices, 7% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 1.51 billion international-$ in 2011 prices | 1.31 billion international-$ in 2011 prices | 1.73 billion international-$ in 2011 prices | 10 |
| 1960s | 2.05 billion international-$ in 2011 prices | 1.78 billion international-$ in 2011 prices | 2.35 billion international-$ in 2011 prices | 10 |
| 1970s | 2.94 billion international-$ in 2011 prices | 2.42 billion international-$ in 2011 prices | 3.25 billion international-$ in 2011 prices | 10 |
| 1980s | 4.76 billion international-$ in 2011 prices | 3.47 billion international-$ in 2011 prices | 5.85 billion international-$ in 2011 prices | 10 |
| 1990s | 8.56 billion international-$ in 2011 prices | 6.24 billion international-$ in 2011 prices | 11.46 billion international-$ in 2011 prices | 10 |
| 2000s | 17.10 billion international-$ in 2011 prices | 12.21 billion international-$ in 2011 prices | 24.05 billion international-$ in 2011 prices | 10 |
| 2010s | 37.39 billion international-$ in 2011 prices | 26.20 billion international-$ in 2011 prices | 49.24 billion international-$ in 2011 prices | 10 |
| 2020s | 52.81 billion international-$ in 2011 prices | 50.86 billion international-$ in 2011 prices | 54.95 billion international-$ in 2011 prices | 3 |
Countries ranked near Laos
- 102 Yemen 60.85 billion international-$ in 2011 prices compare
- 103 El Salvador 59.27 billion international-$ in 2011 prices compare
- 104 Bahrain 58.77 billion international-$ in 2011 prices compare
- 106 Afghanistan 53.30 billion international-$ in 2011 prices compare
- 107 Syria 52.35 billion international-$ in 2011 prices compare
- 108 Senegal 51.91 billion international-$ in 2011 prices compare
More economy & growth data for Laos
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Laos?
- Gross domestic product (gdp) in Laos was 54.95 billion international-$ in 2011 prices in 2022, according to Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Laos?
- The highest recorded value was 54.95 billion international-$ in 2011 prices in 2022.
- What is the lowest gross domestic product (gdp) recorded in Laos?
- The lowest recorded value was 1.31 billion international-$ in 2011 prices in 1950.
- How does Laos rank for gross domestic product (gdp)?
- Laos ranks 105th out of 166 countries with data for 2022.
- Is gross domestic product (gdp) rising or falling in Laos?
- Over the last ten years it is up 78.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Bolt and van Zanden – Maddison Project Database 2023 – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.