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Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos

Laos: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.011 million SLC per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.011 million SLC per US$ of GDP
Change on year
up 0.1%
World rank
4th
of 193 countries
All-time high
0.0302 million SLC per US$ of GDP
in 1988
All-time low
0.0075 million SLC per US$ of GDP
in 1985
Years of data
41
1984–2024

Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos, 1984–2024

0.010.0150.020.0250.031984200420241984: 0.01 million SLC per US$ of GDP1985: 0.008 million SLC per US$ of GDP1986: 0.011 million SLC per US$ of GDP1987: 0.017 million SLC per US$ of GDP1988: 0.03 million SLC per US$ of GDP1989: 0.029 million SLC per US$ of GDP1990: 0.025 million SLC per US$ of GDP1991: 0.022 million SLC per US$ of GDP1992: 0.021 million SLC per US$ of GDP1993: 0.019 million SLC per US$ of GDP1994: 0.018 million SLC per US$ of GDP1995: 0.017 million SLC per US$ of GDP1996: 0.017 million SLC per US$ of GDP1997: 0.019 million SLC per US$ of GDP1998: 0.028 million SLC per US$ of GDP1999: 0.026 million SLC per US$ of GDP2000: 0.023 million SLC per US$ of GDP2001: 0.024 million SLC per US$ of GDP2002: 0.026 million SLC per US$ of GDP2003: 0.024 million SLC per US$ of GDP2004: 0.022 million SLC per US$ of GDP2005: 0.02 million SLC per US$ of GDP2006: 0.016 million SLC per US$ of GDP2007: 0.015 million SLC per US$ of GDP2008: 0.013 million SLC per US$ of GDP2009: 0.013 million SLC per US$ of GDP2010: 0.011 million SLC per US$ of GDP2011: 0.01 million SLC per US$ of GDP2012: 0.009 million SLC per US$ of GDP2013: 0.008 million SLC per US$ of GDP2014: 0.008 million SLC per US$ of GDP2015: 0.008 million SLC per US$ of GDP2016: 0.008 million SLC per US$ of GDP2017: 0.008 million SLC per US$ of GDP2018: 0.008 million SLC per US$ of GDP2019: 0.008 million SLC per US$ of GDP2020: 0.008 million SLC per US$ of GDP2021: 0.009 million SLC per US$ of GDP2022: 0.011 million SLC per US$ of GDP2023: 0.011 million SLC per US$ of GDP2024: 0.011 million SLC per US$ of GDP

Source: Statizoid (derived). Measured in million SLC per US$ of GDP.

Analysis

Laos recorded 0.011 million SLC per US$ of GDP for gross domestic product — value standard local currency, 2015 prices in 2024.

That represents a change of up 0.1% on the previous year and up 34.1% over ten years.

Over the whole period, gross domestic product — value standard local currency, 2015 prices in Laos peaked at 0.0302 million SLC per US$ of GDP in 1988 and was at its lowest, 0.0075 million SLC per US$ of GDP, in 1985.

That places Laos 4th out of 193 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently falling across the 41 years of available data.

Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos, year by year

Year million SLC per US$ of GDP Change
1984 0.0097 million SLC per US$ of GDP —
1985 0.0075 million SLC per US$ of GDP -22.0%
1986 0.0105 million SLC per US$ of GDP +39.7%
1987 0.017 million SLC per US$ of GDP +61.1%
1988 0.0302 million SLC per US$ of GDP +77.9%
1989 0.0289 million SLC per US$ of GDP -4.2%
1990 0.0254 million SLC per US$ of GDP -12.0%
1991 0.0223 million SLC per US$ of GDP -12.2%
1992 0.0215 million SLC per US$ of GDP -3.8%
1993 0.0193 million SLC per US$ of GDP -10.1%
1994 0.0179 million SLC per US$ of GDP -7.3%
1995 0.0168 million SLC per US$ of GDP -5.9%
1996 0.0169 million SLC per US$ of GDP +0.6%
1997 0.0194 million SLC per US$ of GDP +14.7%
1998 0.0276 million SLC per US$ of GDP +41.9%
1999 0.026 million SLC per US$ of GDP -5.6%
2000 0.0231 million SLC per US$ of GDP -11.1%
2001 0.024 million SLC per US$ of GDP +3.5%
2002 0.0258 million SLC per US$ of GDP +7.5%
2003 0.0238 million SLC per US$ of GDP -7.7%
2004 0.0217 million SLC per US$ of GDP -8.5%
2005 0.0201 million SLC per US$ of GDP -7.6%
2006 0.0158 million SLC per US$ of GDP -21.5%
2007 0.0152 million SLC per US$ of GDP -3.3%
2008 0.0127 million SLC per US$ of GDP -16.4%
2009 0.0128 million SLC per US$ of GDP +0.3%
2010 0.0113 million SLC per US$ of GDP -11.5%
2011 0.01 million SLC per US$ of GDP -11.9%
2012 0.0092 million SLC per US$ of GDP -7.4%
2013 0.0085 million SLC per US$ of GDP -8.1%
2014 0.0082 million SLC per US$ of GDP -2.9%
2015 0.0081 million SLC per US$ of GDP -1.3%
2016 0.0079 million SLC per US$ of GDP -3.0%
2017 0.0079 million SLC per US$ of GDP -0.4%
2018 0.0079 million SLC per US$ of GDP +0.0%
2019 0.008 million SLC per US$ of GDP +2.1%
2020 0.0082 million SLC per US$ of GDP +2.0%
2021 0.0085 million SLC per US$ of GDP +4.3%
2022 0.0108 million SLC per US$ of GDP +27.1%
2023 0.011 million SLC per US$ of GDP +1.7%
2024 0.011 million SLC per US$ of GDP +0.1%

Laos compared with similar countries

  • Laos's 0.011 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0.0001 million SLC per US$ of GDP, 193.2× the median. (44 countries reporting)
  • Laos's 0.011 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 3505.8× the median. (28 countries reporting)

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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.

YearChange FromTo
1988 +77.9% 0.017 million SLC per US$ of GDP 0.0302 million SLC per US$ of GDP
1987 +61.1% 0.0105 million SLC per US$ of GDP 0.017 million SLC per US$ of GDP

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.0173 million SLC per US$ of GDP 0.0075 million SLC per US$ of GDP 0.0302 million SLC per US$ of GDP 6
1990s 0.0213 million SLC per US$ of GDP 0.0168 million SLC per US$ of GDP 0.0276 million SLC per US$ of GDP 10
2000s 0.0195 million SLC per US$ of GDP 0.0127 million SLC per US$ of GDP 0.0258 million SLC per US$ of GDP 10
2010s 0.0087 million SLC per US$ of GDP 0.0079 million SLC per US$ of GDP 0.0113 million SLC per US$ of GDP 10
2020s 0.0099 million SLC per US$ of GDP 0.0082 million SLC per US$ of GDP 0.011 million SLC per US$ of GDP 5

Countries ranked near Laos

  1. 1 Somalia 0.0187 million SLC per US$ of GDP compare
  2. 2 Vietnam 0.0184 million SLC per US$ of GDP compare
  3. 3 Indonesia 0.0119 million SLC per US$ of GDP compare
  4. 5 Paraguay 0.0053 million SLC per US$ of GDP compare
  5. 6 Guinea 0.0046 million SLC per US$ of GDP compare
  6. 7 Cambodia 0.0034 million SLC per US$ of GDP compare

See the full ranking of 193 places →

More economy & growth data for Laos

All data for Laos →

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 0.011 million SLC per US$ of GDP 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 0.0302 million SLC per US$ of GDP in 1988.
What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Laos?
The lowest recorded value was 0.0075 million SLC per US$ of GDP in 1985.
How does Laos rank for gross domestic product — value standard local currency, 2015 prices?
Laos ranks 4th out of 193 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 34.1%. 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 — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, 2015 prices in Laos. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-2015-prices-per-unit-of-gdp/lao-pdr/

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How this figure is calculated

Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP
Unit
million SLC per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,436 data points, 1970–2024
Last refreshed

Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.