Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos
Laos: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 23.45 million SLC per person in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Laos stood at 23.45 million SLC per person. That is the highest value across all 55 years on record.
That represents a change of up 2.9% on the previous year and up 43.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Laos peaked at 23.45 million SLC per person in 2024 and was at its lowest, 3.2 million SLC per person, in 1970.
That places Laos 4th out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in Laos, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 3.2 million SLC per person | — |
| 1971 | 3.28 million SLC per person | +2.5% |
| 1972 | 3.31 million SLC per person | +1.0% |
| 1973 | 3.51 million SLC per person | +6.1% |
| 1974 | 3.55 million SLC per person | +1.2% |
| 1975 | 3.71 million SLC per person | +4.3% |
| 1976 | 3.74 million SLC per person | +1.0% |
| 1977 | 3.61 million SLC per person | -3.7% |
| 1978 | 3.58 million SLC per person | -0.7% |
| 1979 | 3.45 million SLC per person | -3.7% |
| 1980 | 3.72 million SLC per person | +7.9% |
| 1981 | 4.19 million SLC per person | +12.8% |
| 1982 | 4.38 million SLC per person | +4.5% |
| 1983 | 4.47 million SLC per person | +2.0% |
| 1984 | 4.66 million SLC per person | +4.3% |
| 1985 | 4.77 million SLC per person | +2.2% |
| 1986 | 4.86 million SLC per person | +2.0% |
| 1987 | 4.66 million SLC per person | -4.2% |
| 1988 | 4.43 million SLC per person | -4.8% |
| 1989 | 4.92 million SLC per person | +11.0% |
| 1990 | 5.1 million SLC per person | +3.7% |
| 1991 | 5.17 million SLC per person | +1.4% |
| 1992 | 5.31 million SLC per person | +2.7% |
| 1993 | 5.47 million SLC per person | +3.0% |
| 1994 | 5.75 million SLC per person | +5.0% |
| 1995 | 6.02 million SLC per person | +4.8% |
| 1996 | 6.29 million SLC per person | +4.4% |
| 1997 | 6.59 million SLC per person | +4.7% |
| 1998 | 6.72 million SLC per person | +2.1% |
| 1999 | 7.09 million SLC per person | +5.4% |
| 2000 | 7.38 million SLC per person | +4.0% |
| 2001 | 7.67 million SLC per person | +4.0% |
| 2002 | 8.07 million SLC per person | +5.2% |
| 2003 | 8.44 million SLC per person | +4.6% |
| 2004 | 8.9 million SLC per person | +5.5% |
| 2005 | 9.36 million SLC per person | +5.2% |
| 2006 | 9.13 million SLC per person | -2.5% |
| 2007 | 10.63 million SLC per person | +16.4% |
| 2008 | 11.28 million SLC per person | +6.2% |
| 2009 | 11.95 million SLC per person | +5.9% |
| 2010 | 12.73 million SLC per person | +6.6% |
| 2011 | 13.56 million SLC per person | +6.5% |
| 2012 | 14.42 million SLC per person | +6.4% |
| 2013 | 15.36 million SLC per person | +6.5% |
| 2014 | 16.31 million SLC per person | +6.1% |
| 2015 | 17.24 million SLC per person | +5.7% |
| 2016 | 18.16 million SLC per person | +5.4% |
| 2017 | 19.11 million SLC per person | +5.2% |
| 2018 | 19.99 million SLC per person | +4.7% |
| 2019 | 20.77 million SLC per person | +3.9% |
| 2020 | 21.13 million SLC per person | +1.7% |
| 2021 | 21.55 million SLC per person | +2.0% |
| 2022 | 22.19 million SLC per person | +3.0% |
| 2023 | 22.8 million SLC per person | +2.8% |
| 2024 | 23.45 million SLC per person | +2.9% |
Laos compared with similar countries
- Laos's 23.45 million SLC per person is above the median for lower middle income countries, which is 0.1359 million SLC per person, 172.5× the median. (44 countries reporting)
- Laos's 23.45 million SLC per person is above the median for East Asia & Pacific, which is 0.0672 million SLC per person, 349.1× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.49 million SLC per person | 3.2 million SLC per person | 3.74 million SLC per person | 10 |
| 1980s | 4.51 million SLC per person | 3.72 million SLC per person | 4.92 million SLC per person | 10 |
| 1990s | 5.95 million SLC per person | 5.1 million SLC per person | 7.09 million SLC per person | 10 |
| 2000s | 9.28 million SLC per person | 7.38 million SLC per person | 11.95 million SLC per person | 10 |
| 2010s | 16.77 million SLC per person | 12.73 million SLC per person | 20.77 million SLC per person | 10 |
| 2020s | 22.22 million SLC per person | 21.13 million SLC per person | 23.45 million SLC per person | 5 |
Countries ranked near Laos
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 — value standard local currency, 2015 prices in Laos?
- Gross domestic product — value standard local currency, 2015 prices in Laos was 23.45 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Laos?
- The highest recorded value was 23.45 million SLC per person in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Laos?
- The lowest recorded value was 3.2 million SLC per person in 1970.
- How does Laos rank for gross domestic product — value standard local currency, 2015 prices?
- Laos ranks 4th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Laos?
- Over the last ten years it is up 43.8%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.