Gross domestic product (GDP) in Laos
Laos: Gross domestic product (GDP) was 64.50 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
64.50 billion international-$ in 2021 prices
Change on year
up 7.0%
World rank
107th
of 184 countries
All-time high
64.50 billion international-$ in 2021 prices
in 2023
All-time low
2.37 billion international-$ in 2021 prices
in 1970
Years of data
54
1970–2023
Gross domestic product (GDP) in Laos, 1970–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Laos is 64.50 billion international-$ in 2021 prices, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 7.0% on the previous year and up 46.2% over ten years.
Over the whole period, gross domestic product (gdp) in Laos peaked at 64.50 billion international-$ in 2021 prices in 2023 and was at its lowest, 2.37 billion international-$ in 2021 prices, in 1970.
Laos ranks 107th of 184 countries on this measure, 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 2021 prices | Change |
|---|---|---|
| 1970 | 2.37 billion international-$ in 2021 prices | — |
| 1971 | 2.48 billion international-$ in 2021 prices | +5.0% |
| 1972 | 2.57 billion international-$ in 2021 prices | +3.5% |
| 1973 | 2.80 billion international-$ in 2021 prices | +8.8% |
| 1974 | 2.90 billion international-$ in 2021 prices | +3.5% |
| 1975 | 3.09 billion international-$ in 2021 prices | +6.6% |
| 1976 | 3.18 billion international-$ in 2021 prices | +2.9% |
| 1977 | 3.12 billion international-$ in 2021 prices | -1.9% |
| 1978 | 3.17 billion international-$ in 2021 prices | +1.5% |
| 1979 | 3.07 billion international-$ in 2021 prices | -3.0% |
| 1980 | 3.38 billion international-$ in 2021 prices | +10.2% |
| 1981 | 3.91 billion international-$ in 2021 prices | +15.4% |
| 1982 | 4.21 billion international-$ in 2021 prices | +7.9% |
| 1983 | 4.52 billion international-$ in 2021 prices | +7.4% |
| 1984 | 4.44 billion international-$ in 2021 prices | -1.8% |
| 1985 | 4.97 billion international-$ in 2021 prices | +11.8% |
| 1986 | 5.18 billion international-$ in 2021 prices | +4.3% |
| 1987 | 5.33 billion international-$ in 2021 prices | +2.8% |
| 1988 | 5.90 billion international-$ in 2021 prices | +10.8% |
| 1989 | 6.57 billion international-$ in 2021 prices | +11.4% |
| 1990 | 6.79 billion international-$ in 2021 prices | +3.3% |
| 1991 | 7.00 billion international-$ in 2021 prices | +3.0% |
| 1992 | 7.26 billion international-$ in 2021 prices | +3.8% |
| 1993 | 7.68 billion international-$ in 2021 prices | +5.7% |
| 1994 | 8.38 billion international-$ in 2021 prices | +9.2% |
| 1995 | 8.97 billion international-$ in 2021 prices | +7.1% |
| 1996 | 9.93 billion international-$ in 2021 prices | +10.6% |
| 1997 | 10.56 billion international-$ in 2021 prices | +6.3% |
| 1998 | 10.70 billion international-$ in 2021 prices | +1.4% |
| 1999 | 11.71 billion international-$ in 2021 prices | +9.4% |
| 2000 | 11.82 billion international-$ in 2021 prices | +0.9% |
| 2001 | 14.01 billion international-$ in 2021 prices | +18.6% |
| 2002 | 15.78 billion international-$ in 2021 prices | +12.6% |
| 2003 | 15.87 billion international-$ in 2021 prices | +0.6% |
| 2004 | 17.13 billion international-$ in 2021 prices | +7.9% |
| 2005 | 18.04 billion international-$ in 2021 prices | +5.3% |
| 2006 | 21.73 billion international-$ in 2021 prices | +20.5% |
| 2007 | 24.46 billion international-$ in 2021 prices | +12.6% |
| 2008 | 25.81 billion international-$ in 2021 prices | +5.5% |
| 2009 | 28.72 billion international-$ in 2021 prices | +11.3% |
| 2010 | 30.29 billion international-$ in 2021 prices | +5.5% |
| 2011 | 34.76 billion international-$ in 2021 prices | +14.8% |
| 2012 | 40.95 billion international-$ in 2021 prices | +17.8% |
| 2013 | 44.10 billion international-$ in 2021 prices | +7.7% |
| 2014 | 47.66 billion international-$ in 2021 prices | +8.1% |
| 2015 | 48.63 billion international-$ in 2021 prices | +2.0% |
| 2016 | 52.86 billion international-$ in 2021 prices | +8.7% |
| 2017 | 56.08 billion international-$ in 2021 prices | +6.1% |
| 2018 | 57.87 billion international-$ in 2021 prices | +3.2% |
| 2019 | 59.73 billion international-$ in 2021 prices | +3.2% |
| 2020 | 59.52 billion international-$ in 2021 prices | -0.3% |
| 2021 | 57.73 billion international-$ in 2021 prices | -3.0% |
| 2022 | 60.26 billion international-$ in 2021 prices | +4.4% |
| 2023 | 64.50 billion international-$ in 2021 prices | +7.0% |
Laos compared with similar countries
- Laos's 64.50 billion international-$ in 2021 prices is below the median for lower middle income countries, which is 72.56 billion international-$ in 2021 prices, 89% of the median. (42 countries reporting)
- Laos's 64.50 billion international-$ in 2021 prices is below the median for East Asia & Pacific, which is 596.79 billion international-$ in 2021 prices, 11% of the median. (19 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.87 billion international-$ in 2021 prices | 2.37 billion international-$ in 2021 prices | 3.18 billion international-$ in 2021 prices | 10 |
| 1980s | 4.84 billion international-$ in 2021 prices | 3.38 billion international-$ in 2021 prices | 6.57 billion international-$ in 2021 prices | 10 |
| 1990s | 8.90 billion international-$ in 2021 prices | 6.79 billion international-$ in 2021 prices | 11.71 billion international-$ in 2021 prices | 10 |
| 2000s | 19.33 billion international-$ in 2021 prices | 11.82 billion international-$ in 2021 prices | 28.72 billion international-$ in 2021 prices | 10 |
| 2010s | 47.29 billion international-$ in 2021 prices | 30.29 billion international-$ in 2021 prices | 59.73 billion international-$ in 2021 prices | 10 |
| 2020s | 60.50 billion international-$ in 2021 prices | 57.73 billion international-$ in 2021 prices | 64.50 billion international-$ in 2021 prices | 4 |
Countries ranked near Laos
- 104 Kyrgyzstan 69.96 billion international-$ in 2021 prices compare
- 105 Honduras 68.60 billion international-$ in 2021 prices compare
- 106 Latvia 65.02 billion international-$ in 2021 prices compare
- 108 Luxembourg 62.79 billion international-$ in 2021 prices compare
- 109 Armenia 61.47 billion international-$ in 2021 prices compare
- 110 Mali 61.19 billion international-$ in 2021 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Laos?
- Gross domestic product (gdp) in Laos was 64.50 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Laos?
- The highest recorded value was 64.50 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Laos?
- The lowest recorded value was 2.37 billion international-$ in 2021 prices in 1970.
- How does Laos rank for gross domestic product (gdp)?
- Laos ranks 107th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Laos?
- Over the last ten years it is up 46.2%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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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.