Global Revenue Statistics … Gross domestic product, current prices in Laos

Laos: Global Revenue Statistics … Gross domestic product, current prices was 14,978 US dollar in 2023. ◆ Volatile

Latest (2023)
14,978 US dollar
Change on year
down 0.9%
World rank
93rd
of 133 countries
All-time high
18,770 US dollar
in 2019
All-time low
1,334 US dollar
in 1998
Years of data
34
1990–2023

Global Revenue Statistics - Reference series — Gross domestic in Laos, 1990–2023

05.0k10.0k15.0k20.0k1990200620231990: 1.7k US dollar1991: 2.1k US dollar1992: 2.4k US dollar1993: 2.7k US dollar1994: 3.1k US dollar1995: 3.6k US dollar1996: 3.8k US dollar1997: 3.5k US dollar1998: 1.3k US dollar1999: 1.4k US dollar2000: 1.7k US dollar2001: 1.8k US dollar2002: 1.8k US dollar2003: 2.3k US dollar2004: 2.7k US dollar2005: 3.1k US dollar2006: 3.9k US dollar2007: 4.8k US dollar2008: 5.9k US dollar2009: 6.4k US dollar2010: 7.5k US dollar2011: 9.0k US dollar2012: 10.2k US dollar2013: 12.0k US dollar2014: 13.3k US dollar2015: 14.4k US dollar2016: 15.9k US dollar2017: 17.1k US dollar2018: 18.1k US dollar2019: 18.8k US dollar2020: 18.5k US dollar2021: 18.5k US dollar2022: 15.1k US dollar2023: 15.0k US dollar

Source: Organisation for Economic Co-operation and Development. Measured in US dollar.

Analysis

Laos recorded 14,978 US dollar for global revenue statistics - reference series — gross domestic in 2023.

The figure is down 0.9% on the previous year and up 25.1% over ten years.

Over the whole period, global revenue statistics - reference series — gross domestic in Laos peaked at 18,770 US dollar in 2019 and was at its lowest, 1,334 US dollar, in 1998.

That places Laos 93rd out of 133 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Global Revenue Statistics … Gross domestic product, current prices in Laos, year by year

Annual values for Global Revenue Statistics - Reference series — Gross domestic product, current prices in Laos, 1990 to 2023.
Year US dollar Change
1990 1,701 US dollar —
1991 2,088 US dollar +22.7%
1992 2,398 US dollar +14.9%
1993 2,725 US dollar +13.6%
1994 3,141 US dollar +15.3%
1995 3,576 US dollar +13.8%
1996 3,763 US dollar +5.2%
1997 3,515 US dollar -6.6%
1998 1,334 US dollar -62.0%
1999 1,415 US dollar +6.1%
2000 1,720 US dollar +21.6%
2001 1,757 US dollar +2.2%
2002 1,844 US dollar +5.0%
2003 2,260 US dollar +22.6%
2004 2,651 US dollar +17.3%
2005 3,079 US dollar +16.1%
2006 3,934 US dollar +27.8%
2007 4,757 US dollar +20.9%
2008 5,946 US dollar +25.0%
2009 6,431 US dollar +8.2%
2010 7,506 US dollar +16.7%
2011 8,964 US dollar +19.4%
2012 10,194 US dollar +13.7%
2013 11,972 US dollar +17.4%
2014 13,266 US dollar +10.8%
2015 14,418 US dollar +8.7%
2016 15,904 US dollar +10.3%
2017 17,055 US dollar +7.2%
2018 18,131 US dollar +6.3%
2019 18,770 US dollar +3.5%
2020 18,511 US dollar -1.4%
2021 18,533 US dollar +0.1%
2022 15,121 US dollar -18.4%
2023 14,978 US dollar -0.9%

Laos compared with similar countries

  • Laos's 14,978 US dollar is below the median for lower middle income countries, which is 27,744 US dollar, 54% of the median. (31 countries reporting)
  • Laos's 14,978 US dollar is below the median for East Asia & Pacific, which is 43,304 US dollar, 35% of the median. (21 countries reporting)

Biggest year-on-year movements

Years where Global Revenue Statistics … Gross domestic product, current prices in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1998 -62.0% 3,515 US dollar 1,334 US dollar

Averages by decade

DecadeAverage LowestHighest Years
1990s 2,566 US dollar 1,334 US dollar 3,763 US dollar 10
2000s 3,438 US dollar 1,720 US dollar 6,431 US dollar 10
2010s 13,618 US dollar 7,506 US dollar 18,770 US dollar 10
2020s 16,786 US dollar 14,978 US dollar 18,533 US dollar 4

Countries ranked near Laos

  1. 90 Niger 15,448 US dollar compare
  2. 91 Madagascar 15,285 US dollar compare
  3. 92 Kyrgyzstan 15,187 US dollar compare
  4. 94 Congo 13,961 US dollar compare
  5. 95 Rwanda 13,309 US dollar compare
  6. 96 Namibia 12,533 US dollar compare

See the full ranking of 140 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is global revenue statistics - reference series — gross domestic in Laos?
Global revenue statistics - reference series — gross domestic in Laos was 14,978 US dollar in 2023, according to Organisation for Economic Co-operation and Development.
What is the highest global revenue statistics - reference series — gross domestic recorded in Laos?
The highest recorded value was 18,770 US dollar in 2019.
What is the lowest global revenue statistics - reference series — gross domestic recorded in Laos?
The lowest recorded value was 1,334 US dollar in 1998.
How does Laos rank for global revenue statistics - reference series — gross domestic?
Laos ranks 93rd out of 133 countries with data for 2023.
Is global revenue statistics - reference series — gross domestic rising or falling in Laos?
Over the last ten years it is up 25.1%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Reference series — Gross domestic product, current prices. Statizoid updates them automatically from the source API.

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Global Revenue Statistics - Reference series — Gross domestic in Laos. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 07 November 2026, from https://economy.statizoid.com/stat/global-revenue-statistics-reference-series-gross-domestic-product-current-prices/lao-pdr/

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About this data

Indicator
Global Revenue Statistics - Reference series — Gross domestic product, current prices
Unit
US dollar
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
140 places, 4,407 data points, 1990–2024
Last refreshed

Includes Gross Domestic Product (GDP) for tax reporting years at market prices in national currency and in US dollars, and exchange rates in national currency per US dollar.