Gross domestic product (GDP), per unit of GDP in Laos
Laos: Gross domestic product (GDP), per unit of GDP was 4.07 international-$ in 2021 prices per US$ of GDP in 2023. ▼ Falling
Latest (2023)
4.07 international-$ in 2021 prices per US$ of GDP
Change on year
up 4.5%
World rank
8th
of 180 countries
All-time high
9.85 international-$ in 2021 prices per US$ of GDP
in 1988
All-time low
2.1 international-$ in 2021 prices per US$ of GDP
in 1985
Years of data
40
1984–2023
Gross domestic product (GDP), per unit of GDP in Laos, 1984–2023
Source: Statizoid (derived). Measured in international-$ in 2021 prices per US$ of GDP.
Analysis
Laos recorded 4.07 international-$ in 2021 prices per US$ of GDP for gross domestic product (gdp), per unit of gdp in 2023.
The figure is up 4.5% on the previous year and up 10.6% over ten years.
Over the whole period, gross domestic product (gdp), per unit of gdp in Laos peaked at 9.85 international-$ in 2021 prices per US$ of GDP in 1988 and was at its lowest, 2.1 international-$ in 2021 prices per US$ of GDP, in 1985.
Laos ranks 8th of 180 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 40 years of available data.
Gross domestic product (GDP), per unit of GDP in Laos, year by year
| Year | international-$ in 2021 prices per US$ of GDP | Change |
|---|---|---|
| 1984 | 2.53 international-$ in 2021 prices per US$ of GDP | — |
| 1985 | 2.1 international-$ in 2021 prices per US$ of GDP | -17.0% |
| 1986 | 2.92 international-$ in 2021 prices per US$ of GDP | +38.9% |
| 1987 | 4.9 international-$ in 2021 prices per US$ of GDP | +68.0% |
| 1988 | 9.85 international-$ in 2021 prices per US$ of GDP | +101.1% |
| 1989 | 9.21 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 1990 | 7.85 international-$ in 2021 prices per US$ of GDP | -14.8% |
| 1991 | 6.81 international-$ in 2021 prices per US$ of GDP | -13.3% |
| 1992 | 6.44 international-$ in 2021 prices per US$ of GDP | -5.4% |
| 1993 | 5.78 international-$ in 2021 prices per US$ of GDP | -10.2% |
| 1994 | 5.43 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 1995 | 5.09 international-$ in 2021 prices per US$ of GDP | -6.3% |
| 1996 | 5.3 international-$ in 2021 prices per US$ of GDP | +4.1% |
| 1997 | 6.04 international-$ in 2021 prices per US$ of GDP | +14.0% |
| 1998 | 8.36 international-$ in 2021 prices per US$ of GDP | +38.3% |
| 1999 | 8.05 international-$ in 2021 prices per US$ of GDP | -3.7% |
| 2000 | 6.83 international-$ in 2021 prices per US$ of GDP | -15.2% |
| 2001 | 7.92 international-$ in 2021 prices per US$ of GDP | +16.0% |
| 2002 | 8.97 international-$ in 2021 prices per US$ of GDP | +13.3% |
| 2003 | 7.84 international-$ in 2021 prices per US$ of GDP | -12.6% |
| 2004 | 7.24 international-$ in 2021 prices per US$ of GDP | -7.7% |
| 2005 | 6.59 international-$ in 2021 prices per US$ of GDP | -8.9% |
| 2006 | 6.29 international-$ in 2021 prices per US$ of GDP | -4.6% |
| 2007 | 5.79 international-$ in 2021 prices per US$ of GDP | -7.9% |
| 2008 | 4.74 international-$ in 2021 prices per US$ of GDP | -18.2% |
| 2009 | 4.92 international-$ in 2021 prices per US$ of GDP | +3.8% |
| 2010 | 4.25 international-$ in 2021 prices per US$ of GDP | -13.7% |
| 2011 | 3.97 international-$ in 2021 prices per US$ of GDP | -6.5% |
| 2012 | 4.02 international-$ in 2021 prices per US$ of GDP | +1.1% |
| 2013 | 3.68 international-$ in 2021 prices per US$ of GDP | -8.4% |
| 2014 | 3.59 international-$ in 2021 prices per US$ of GDP | -2.5% |
| 2015 | 3.37 international-$ in 2021 prices per US$ of GDP | -6.1% |
| 2016 | 3.32 international-$ in 2021 prices per US$ of GDP | -1.4% |
| 2017 | 3.29 international-$ in 2021 prices per US$ of GDP | -1.1% |
| 2018 | 3.19 international-$ in 2021 prices per US$ of GDP | -2.9% |
| 2019 | 3.19 international-$ in 2021 prices per US$ of GDP | -0.1% |
| 2020 | 3.14 international-$ in 2021 prices per US$ of GDP | -1.6% |
| 2021 | 3.07 international-$ in 2021 prices per US$ of GDP | -2.2% |
| 2022 | 3.9 international-$ in 2021 prices per US$ of GDP | +27.0% |
| 2023 | 4.07 international-$ in 2021 prices per US$ of GDP | +4.5% |
Laos compared with similar countries
- Laos's 4.07 international-$ in 2021 prices per US$ of GDP is above the median for lower middle income countries, which is 2.55 international-$ in 2021 prices per US$ of GDP, 1.6× the median. (42 countries reporting)
- Laos's 4.07 international-$ in 2021 prices per US$ of GDP is above the median for East Asia & Pacific, which is 2.38 international-$ in 2021 prices per US$ of GDP, 1.7× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), per unit of GDP 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 |
|---|---|---|---|
| 1988 | +101.1% | 4.9 international-$ in 2021 prices per US$ of GDP | 9.85 international-$ in 2021 prices per US$ of GDP |
| 1987 | +68.0% | 2.92 international-$ in 2021 prices per US$ of GDP | 4.9 international-$ in 2021 prices per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.25 international-$ in 2021 prices per US$ of GDP | 2.1 international-$ in 2021 prices per US$ of GDP | 9.85 international-$ in 2021 prices per US$ of GDP | 6 |
| 1990s | 6.51 international-$ in 2021 prices per US$ of GDP | 5.09 international-$ in 2021 prices per US$ of GDP | 8.36 international-$ in 2021 prices per US$ of GDP | 10 |
| 2000s | 6.71 international-$ in 2021 prices per US$ of GDP | 4.74 international-$ in 2021 prices per US$ of GDP | 8.97 international-$ in 2021 prices per US$ of GDP | 10 |
| 2010s | 3.59 international-$ in 2021 prices per US$ of GDP | 3.19 international-$ in 2021 prices per US$ of GDP | 4.25 international-$ in 2021 prices per US$ of GDP | 10 |
| 2020s | 3.54 international-$ in 2021 prices per US$ of GDP | 3.07 international-$ in 2021 prices per US$ of GDP | 4.07 international-$ in 2021 prices per US$ of GDP | 4 |
Countries ranked near Laos
- 5 Kyrgyzstan 4.61 international-$ in 2021 prices per US$ of GDP compare
- 6 Pakistan 4.15 international-$ in 2021 prices per US$ of GDP compare
- 7 Tajikistan 4.11 international-$ in 2021 prices per US$ of GDP compare
- 9 Burundi 3.97 international-$ in 2021 prices per US$ of GDP compare
- 10 Bhutan 3.76 international-$ in 2021 prices per US$ of GDP compare
- 11 Sierra Leone 3.75 international-$ in 2021 prices 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product (gdp), per unit of gdp in Laos?
- Gross domestic product (gdp), per unit of gdp in Laos was 4.07 international-$ in 2021 prices per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per unit of gdp recorded in Laos?
- The highest recorded value was 9.85 international-$ in 2021 prices per US$ of GDP in 1988.
- What is the lowest gross domestic product (gdp), per unit of gdp recorded in Laos?
- The lowest recorded value was 2.1 international-$ in 2021 prices per US$ of GDP in 1985.
- How does Laos rank for gross domestic product (gdp), per unit of gdp?
- Laos ranks 8th out of 180 countries with data for 2023.
- Is gross domestic product (gdp), per unit of gdp rising or falling in Laos?
- Over the last ten years it is up 10.6%. 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 Gross domestic product (GDP), per unit of GDP. 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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ GDP (current US$)
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
- 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
Gross domestic product (GDP) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.