Goods imports (BoP, current US$), per unit of GDP in Laos
Laos: Goods imports (BoP, current US$), per unit of GDP was 0.5249 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Goods imports (BoP, current US$), per unit of GDP in Laos, 1984–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Laos recorded 0.5249 BoP, current US$ per US$ of GDP for goods imports (bop, current us$), per unit of gdp in 2024. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 40.1% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Laos peaked at 0.5249 BoP, current US$ per US$ of GDP in 2024 and was at its lowest, 0.0816 BoP, current US$ per US$ of GDP, in 1985.
Laos ranks 33rd of 199 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Goods imports (BoP, current US$), per unit of GDP in Laos, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0921 BoP, current US$ per US$ of GDP | — |
| 1985 | 0.0816 BoP, current US$ per US$ of GDP | -11.4% |
| 1986 | 0.1045 BoP, current US$ per US$ of GDP | +28.0% |
| 1987 | 0.1988 BoP, current US$ per US$ of GDP | +90.3% |
| 1988 | 0.2494 BoP, current US$ per US$ of GDP | +25.4% |
| 1989 | 0.2714 BoP, current US$ per US$ of GDP | +8.8% |
| 1990 | 0.2143 BoP, current US$ per US$ of GDP | -21.0% |
| 1991 | 0.1925 BoP, current US$ per US$ of GDP | -10.2% |
| 1992 | 0.1688 BoP, current US$ per US$ of GDP | -12.3% |
| 1993 | 0.2555 BoP, current US$ per US$ of GDP | +51.4% |
| 1994 | 0.2852 BoP, current US$ per US$ of GDP | +11.6% |
| 1995 | 0.3103 BoP, current US$ per US$ of GDP | +8.8% |
| 1996 | 0.2998 BoP, current US$ per US$ of GDP | -3.4% |
| 1997 | 0.2859 BoP, current US$ per US$ of GDP | -4.6% |
| 1998 | 0.3259 BoP, current US$ per US$ of GDP | +14.0% |
| 1999 | 0.2698 BoP, current US$ per US$ of GDP | -17.2% |
| 2000 | 0.3092 BoP, current US$ per US$ of GDP | +14.6% |
| 2001 | 0.2885 BoP, current US$ per US$ of GDP | -6.7% |
| 2002 | 0.2542 BoP, current US$ per US$ of GDP | -11.9% |
| 2003 | 0.2284 BoP, current US$ per US$ of GDP | -10.1% |
| 2004 | 0.3012 BoP, current US$ per US$ of GDP | +31.9% |
| 2005 | 0.3224 BoP, current US$ per US$ of GDP | +7.0% |
| 2006 | 0.3069 BoP, current US$ per US$ of GDP | -4.8% |
| 2007 | 0.2521 BoP, current US$ per US$ of GDP | -17.8% |
| 2008 | 0.2576 BoP, current US$ per US$ of GDP | +2.2% |
| 2009 | 0.2504 BoP, current US$ per US$ of GDP | -2.8% |
| 2010 | 0.2889 BoP, current US$ per US$ of GDP | +15.4% |
| 2011 | 0.2769 BoP, current US$ per US$ of GDP | -4.2% |
| 2012 | 0.2989 BoP, current US$ per US$ of GDP | +7.9% |
| 2013 | 0.2546 BoP, current US$ per US$ of GDP | -14.8% |
| 2014 | 0.3747 BoP, current US$ per US$ of GDP | +47.2% |
| 2015 | 0.3934 BoP, current US$ per US$ of GDP | +5.0% |
| 2016 | 0.3376 BoP, current US$ per US$ of GDP | -14.2% |
| 2017 | 0.332 BoP, current US$ per US$ of GDP | -1.7% |
| 2018 | 0.3481 BoP, current US$ per US$ of GDP | +4.8% |
| 2019 | 0.3347 BoP, current US$ per US$ of GDP | -3.9% |
| 2020 | 0.2829 BoP, current US$ per US$ of GDP | -15.5% |
| 2021 | 0.3333 BoP, current US$ per US$ of GDP | +17.8% |
| 2022 | 0.4683 BoP, current US$ per US$ of GDP | +40.5% |
| 2023 | 0.4828 BoP, current US$ per US$ of GDP | +3.1% |
| 2024 | 0.5249 BoP, current US$ per US$ of GDP | +8.7% |
Laos compared with similar countries
- Laos's 0.5249 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.2803 BoP, current US$ per US$ of GDP, 1.9× the median. (47 countries reporting)
- Laos's 0.5249 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.4177 BoP, current US$ per US$ of GDP, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1663 BoP, current US$ per US$ of GDP | 0.0816 BoP, current US$ per US$ of GDP | 0.2714 BoP, current US$ per US$ of GDP | 6 |
| 1990s | 0.2608 BoP, current US$ per US$ of GDP | 0.1688 BoP, current US$ per US$ of GDP | 0.3259 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2771 BoP, current US$ per US$ of GDP | 0.2284 BoP, current US$ per US$ of GDP | 0.3224 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.324 BoP, current US$ per US$ of GDP | 0.2546 BoP, current US$ per US$ of GDP | 0.3934 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4185 BoP, current US$ per US$ of GDP | 0.2829 BoP, current US$ per US$ of GDP | 0.5249 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Laos
- 30 Libya 0.5276 BoP, current US$ per US$ of GDP compare
- 31 Malaysia 0.5275 BoP, current US$ per US$ of GDP compare
- 32 Latvia 0.5266 BoP, current US$ per US$ of GDP compare
- 34 Estonia 0.5181 BoP, current US$ per US$ of GDP compare
- 35 Nicaragua 0.5144 BoP, current US$ per US$ of GDP compare
- 36 Lithuania 0.5078 BoP, current US$ per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is goods imports (bop, current us$), per unit of gdp in Laos?
- Goods imports (bop, current us$), per unit of gdp in Laos was 0.5249 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Laos?
- The highest recorded value was 0.5249 BoP, current US$ per US$ of GDP in 2024.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Laos?
- The lowest recorded value was 0.0816 BoP, current US$ per US$ of GDP in 1985.
- How does Laos rank for goods imports (bop, current us$), per unit of gdp?
- Laos ranks 33rd out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Laos?
- Over the last ten years it is up 40.1%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.