Gross domestic product (GDP), Current prices, Domestic currency in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross domestic product (GDP), Current prices, Domestic currency was 163,369 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Lao People's Democratic Republic, 1970–2019
Source: International Monetary Fund.
Analysis
Lao People's Democratic Republic recorded 163,369 for gross domestic product (gdp), current prices, domestic currency in 2019. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 7.2% on the previous year and up 216.7% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Lao People's Democratic Republic peaked at 163,369 in 2019 and was at its lowest, 0.1751, in 1970.
That places Lao People's Democratic Republic 13th out of 194 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 0.1751 | — |
| 1971 | 0.1863 | +6.4% |
| 1972 | 0.2411 | +29.4% |
| 1973 | 0.343 | +42.2% |
| 1974 | 0.5332 | +55.5% |
| 1975 | 0.738 | +38.4% |
| 1976 | 0.8426 | +14.2% |
| 1977 | 1.57 | +86.2% |
| 1978 | 1.73 | +10.0% |
| 1979 | 1.74 | +1.1% |
| 1980 | 5.54 | +217.5% |
| 1981 | 6.34 | +14.4% |
| 1982 | 11.33 | +78.8% |
| 1983 | 21.02 | +85.5% |
| 1984 | 30.32 | +44.3% |
| 1985 | 87.93 | +190.0% |
| 1986 | 129.49 | +47.3% |
| 1987 | 167.59 | +29.4% |
| 1988 | 238.14 | +42.1% |
| 1989 | 449.32 | +88.7% |
| 1990 | 638.25 | +42.0% |
| 1991 | 752.12 | +17.8% |
| 1992 | 879.92 | +17.0% |
| 1993 | 993.45 | +12.9% |
| 1994 | 1,154 | +16.2% |
| 1995 | 1,491 | +29.1% |
| 1996 | 1,798 | +20.6% |
| 1997 | 2,293 | +27.5% |
| 1998 | 4,417 | +92.6% |
| 1999 | 10,763 | +143.6% |
| 2000 | 14,245 | +32.4% |
| 2001 | 16,363 | +14.9% |
| 2002 | 19,176 | +17.2% |
| 2003 | 23,086 | +20.4% |
| 2004 | 27,277 | +18.2% |
| 2005 | 31,394 | +15.1% |
| 2006 | 36,637 | +16.7% |
| 2007 | 43,886 | +19.8% |
| 2008 | 50,120 | +14.2% |
| 2009 | 51,581 | +2.9% |
| 2010 | 60,400 | +17.1% |
| 2011 | 70,196 | +16.2% |
| 2012 | 81,610 | +16.3% |
| 2013 | 93,868 | +15.0% |
| 2014 | 106,797 | +13.8% |
| 2015 | 117,252 | +9.8% |
| 2016 | 129,279 | +10.3% |
| 2017 | 140,749 | +8.9% |
| 2018 | 152,414 | +8.3% |
| 2019 | 163,369 | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8098 | 0.1751 | 1.74 | 10 |
| 1980s | 114.7 | 5.54 | 449.32 | 10 |
| 1990s | 2,518 | 638.25 | 10,763 | 10 |
| 2000s | 31,377 | 14,245 | 51,581 | 10 |
| 2010s | 111,593 | 60,400 | 163,369 | 10 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- 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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.69 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 5,337 current LCU per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 12.29 million current LCU per person (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.53 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.675 constant 2015 US$ per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,555 constant 2015 US$ per person (2016)
- Final consumption expenditure (current US$), annual growth rate 1.78 % change on previous year (2016)
- Final consumption expenditure (current US$), per unit of GDP 0.7967 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Lao People's Democratic Republic?
- Gross domestic product (gdp), current prices, domestic currency in Lao People's Democratic Republic was 163,369 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Lao People's Democratic Republic?
- The highest recorded value was 163,369 in 2019.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.1751 in 1970.
- How does Lao People's Democratic Republic rank for gross domestic product (gdp), current prices, domestic currency?
- Lao People's Democratic Republic ranks 13th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 216.7%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.