Goods imports (BoP, current US$), annual growth rate in Laos
Laos: Goods imports (BoP, current US$), annual growth rate was 13.25 % change on previous year in 2024. ◆ Volatile
Goods imports (BoP, current US$), annual growth rate in Laos, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Laos recorded 13.25 % change on previous year for goods imports (bop, current us$), annual growth rate in 2024.
The figure is up 137.0% on the previous year and down 79.0% over ten years.
Over the whole period, goods imports (bop, current us$), annual growth rate in Laos peaked at 78.2 % change on previous year in 1993 and was at its lowest, -30.9 % change on previous year, in 1988.
Laos ranks 35th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 19.33 % change on previous year | — |
| 1986 | -3.88 % change on previous year | -120.1% |
| 1987 | 16.42 % change on previous year | -523.1% |
| 1988 | -30.9 % change on previous year | -288.1% |
| 1989 | 29.72 % change on previous year | -196.2% |
| 1990 | -4.28 % change on previous year | -114.4% |
| 1991 | 6.68 % change on previous year | -256.1% |
| 1992 | -3.79 % change on previous year | -156.7% |
| 1993 | 78.2 % change on previous year | -2163.5% |
| 1994 | 29.74 % change on previous year | -62.0% |
| 1995 | 24.31 % change on previous year | -18.3% |
| 1996 | 2.65 % change on previous year | -89.1% |
| 1997 | -11.07 % change on previous year | -517.9% |
| 1998 | -16.48 % change on previous year | +48.8% |
| 1999 | -5.94 % change on previous year | -63.9% |
| 2000 | 36.41 % change on previous year | -712.5% |
| 2001 | -4.67 % change on previous year | -112.8% |
| 2002 | -12.42 % change on previous year | +165.9% |
| 2003 | 3.4 % change on previous year | -127.4% |
| 2004 | 54.23 % change on previous year | +1493.4% |
| 2005 | 23.75 % change on previous year | -56.2% |
| 2006 | 20.21 % change on previous year | -14.9% |
| 2007 | 0.4188 % change on previous year | -97.9% |
| 2008 | 31.8 % change on previous year | +7493.0% |
| 2009 | 4.13 % change on previous year | -87.0% |
| 2010 | 41.02 % change on previous year | +893.9% |
| 2011 | 17.59 % change on previous year | -57.1% |
| 2012 | 25.74 % change on previous year | +46.3% |
| 2013 | 0.1461 % change on previous year | -99.4% |
| 2014 | 63.09 % change on previous year | +43094.3% |
| 2015 | 14.06 % change on previous year | -77.7% |
| 2016 | -5.34 % change on previous year | -138.0% |
| 2017 | 5.49 % change on previous year | -202.8% |
| 2018 | 11.42 % change on previous year | +108.0% |
| 2019 | -0.6765 % change on previous year | -105.9% |
| 2020 | -14.37 % change on previous year | +2024.7% |
| 2021 | 16.84 % change on previous year | -217.2% |
| 2022 | 15.44 % change on previous year | -8.3% |
| 2023 | 5.59 % change on previous year | -63.8% |
| 2024 | 13.25 % change on previous year | +137.0% |
Laos compared with similar countries
- Laos's 13.25 % change on previous year is above the median for lower middle income countries, which is 5.37 % change on previous year, 2.5× the median. (47 countries reporting)
- Laos's 13.25 % change on previous year is above the median for East Asia & Pacific, which is 3.28 % change on previous year, 4.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Goods imports (BoP, current US$), annual growth rate in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +43094.3% | 0.1461 % change on previous year | 63.09 % change on previous year |
| 2008 | +7493.0% | 0.4188 % change on previous year | 31.8 % change on previous year |
| 1993 | +2163.5% | -3.79 % change on previous year | 78.2 % change on previous year |
| 2020 | -2024.7% | -0.6765 % change on previous year | -14.37 % change on previous year |
| 2004 | +1493.4% | 3.4 % change on previous year | 54.23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.14 % change on previous year | -30.9 % change on previous year | 29.72 % change on previous year | 5 |
| 1990s | 10 % change on previous year | -16.48 % change on previous year | 78.2 % change on previous year | 10 |
| 2000s | 15.73 % change on previous year | -12.42 % change on previous year | 54.23 % change on previous year | 10 |
| 2010s | 17.25 % change on previous year | -5.34 % change on previous year | 63.09 % change on previous year | 10 |
| 2020s | 7.35 % change on previous year | -14.37 % change on previous year | 16.84 % change on previous year | 5 |
Countries ranked near Laos
- 32 Palestine 14.12 % change on previous year compare
- 33 Syria 13.95 % change on previous year compare
- 34 Ghana 13.39 % change on previous year compare
- 36 Iran 13.21 % change on previous year compare
- 37 Thailand 12.98 % change on previous year compare
- 38 Bahamas 12.79 % change on previous year compare
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is goods imports (bop, current us$), annual growth rate in Laos?
- Goods imports (bop, current us$), annual growth rate in Laos was 13.25 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), annual growth rate recorded in Laos?
- The highest recorded value was 78.2 % change on previous year in 1993.
- What is the lowest goods imports (bop, current us$), annual growth rate recorded in Laos?
- The lowest recorded value was -30.9 % change on previous year in 1988.
- How does Laos rank for goods imports (bop, current us$), annual growth rate?
- Laos ranks 35th out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), annual growth rate rising or falling in Laos?
- Over the last ten years it is down 79.0%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 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 Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Goods imports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.