GNI (constant 2015 US$), annual growth rate in Laos
Laos: GNI (constant 2015 US$), annual growth rate was 13.62 % change on previous year in 2016. ▼ Falling
GNI (constant 2015 US$), annual growth rate in Laos, 2001–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, gni (constant 2015 us$), annual growth rate in Laos stood at 13.62 % change on previous year.
That represents a change of up 147.6% on the previous year and down 9.0% over ten years.
Over the whole period, gni (constant 2015 us$), annual growth rate in Laos peaked at 14.97 % change on previous year in 2006 and was at its lowest, 4.3 % change on previous year, in 2003.
That places Laos 5th out of 160 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
GNI (constant 2015 US$), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 14.15 % change on previous year | — |
| 2002 | 8.28 % change on previous year | -41.5% |
| 2003 | 4.3 % change on previous year | -48.1% |
| 2004 | 12.5 % change on previous year | +190.6% |
| 2005 | 12.87 % change on previous year | +3.0% |
| 2006 | 14.97 % change on previous year | +16.3% |
| 2007 | 6.27 % change on previous year | -58.1% |
| 2008 | 6.54 % change on previous year | +4.3% |
| 2009 | 9.79 % change on previous year | +49.7% |
| 2010 | 5.49 % change on previous year | -43.9% |
| 2011 | 8.63 % change on previous year | +57.1% |
| 2012 | 9.71 % change on previous year | +12.5% |
| 2013 | 8.36 % change on previous year | -13.9% |
| 2014 | 10.09 % change on previous year | +20.7% |
| 2015 | 5.5 % change on previous year | -45.5% |
| 2016 | 13.62 % change on previous year | +147.6% |
Laos compared with similar countries
- Laos's 13.62 % change on previous year is above the median for lower middle income countries, which is 5.03 % change on previous year, 2.7× the median. (41 countries reporting)
- Laos's 13.62 % change on previous year is above the median for East Asia & Pacific, which is 4.21 % change on previous year, 3.2× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.96 % change on previous year | 4.3 % change on previous year | 14.97 % change on previous year | 9 |
| 2010s | 8.77 % change on previous year | 5.49 % change on previous year | 13.62 % change on previous year | 7 |
Countries ranked near Laos
- 2 Norway 25.98 % change on previous year compare
- 3 Guinea 16.53 % change on previous year compare
- 4 Burkina Faso 14.77 % change on previous year compare
- 6 Armenia 12.52 % change on previous year compare
- 7 Kyrgyzstan 12.31 % change on previous year compare
- 8 Nicaragua 11.47 % change on previous year 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gni (constant 2015 us$), annual growth rate in Laos?
- Gni (constant 2015 us$), annual growth rate in Laos was 13.62 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gni (constant 2015 us$), annual growth rate recorded in Laos?
- The highest recorded value was 14.97 % change on previous year in 2006.
- What is the lowest gni (constant 2015 us$), annual growth rate recorded in Laos?
- The lowest recorded value was 4.3 % change on previous year in 2003.
- How does Laos rank for gni (constant 2015 us$), annual growth rate?
- Laos ranks 5th out of 160 countries with data for 2016.
- Is gni (constant 2015 us$), annual growth rate rising or falling in Laos?
- Over the last ten years it is down 9.0%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of GNI (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GNI Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GNI (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.