Gross National Income — Value Standard Local Currency in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross National Income — Value Standard Local Currency was 251.17 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Lao People's Democratic Republic, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Lao People's Democratic Republic recorded 251.17 million million SLC for gross national income — value standard local currency in 2023. That is the highest value across all 54 years on record.
The figure is up 23.9% on the previous year and up 182.8% over ten years.
Over the whole period, gross national income — value standard local currency in Lao People's Democratic Republic peaked at 251.17 million million SLC in 2023 and was at its lowest, 175.12 million SLC, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Lao People's Democratic Republic, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 175.12 million SLC | — |
| 1971 | 186.31 million SLC | +6.4% |
| 1972 | 241.14 million SLC | +29.4% |
| 1973 | 342.97 million SLC | +42.2% |
| 1974 | 533.2 million SLC | +55.5% |
| 1975 | 737.97 million SLC | +38.4% |
| 1976 | 842.6 million SLC | +14.2% |
| 1977 | 1,569 million SLC | +86.2% |
| 1978 | 1,725 million SLC | +10.0% |
| 1979 | 1,744 million SLC | +1.1% |
| 1980 | 5,540 million SLC | +217.5% |
| 1981 | 6,337 million SLC | +14.4% |
| 1982 | 11,328 million SLC | +78.8% |
| 1983 | 21,016 million SLC | +85.5% |
| 1984 | 30,324 million SLC | +44.3% |
| 1985 | 87,928 million SLC | +190.0% |
| 1986 | 129,491 million SLC | +47.3% |
| 1987 | 167,591 million SLC | +29.4% |
| 1988 | 238,143 million SLC | +42.1% |
| 1989 | 449,319 million SLC | +88.7% |
| 1990 | 638,246 million SLC | +42.0% |
| 1991 | 752,124 million SLC | +17.8% |
| 1992 | 879,917 million SLC | +17.0% |
| 1993 | 993,446 million SLC | +12.9% |
| 1994 | 1.15 million million SLC | +16.1% |
| 1995 | 1.49 million million SLC | +28.8% |
| 1996 | 1.79 million million SLC | +20.6% |
| 1997 | 2.24 million million SLC | +24.9% |
| 1998 | 4.29 million million SLC | +91.7% |
| 1999 | 10.59 million million SLC | +147.0% |
| 2000 | 13.66 million million SLC | +29.0% |
| 2001 | 15.72 million million SLC | +15.1% |
| 2002 | 18.47 million million SLC | +17.5% |
| 2003 | 21.79 million million SLC | +18.0% |
| 2004 | 26.16 million million SLC | +20.0% |
| 2005 | 30.64 million million SLC | +17.1% |
| 2006 | 34.62 million million SLC | +13.0% |
| 2007 | 42.35 million million SLC | +22.4% |
| 2008 | 47.77 million million SLC | +12.8% |
| 2009 | 50.12 million million SLC | +4.9% |
| 2010 | 56.57 million million SLC | +12.9% |
| 2011 | 65.44 million million SLC | +15.7% |
| 2012 | 76.74 million million SLC | +17.3% |
| 2013 | 88.82 million million SLC | +15.7% |
| 2014 | 102.08 million million SLC | +14.9% |
| 2015 | 112.04 million million SLC | +9.7% |
| 2016 | 123.72 million million SLC | +10.4% |
| 2017 | 133.32 million million SLC | +7.8% |
| 2018 | 145.81 million million SLC | +9.4% |
| 2019 | 153.23 million million SLC | +5.1% |
| 2020 | 163.75 million million SLC | +6.9% |
| 2021 | 174.74 million million SLC | +6.7% |
| 2022 | 202.73 million million SLC | +16.0% |
| 2023 | 251.17 million million SLC | +23.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 809.81 million SLC | 175.12 million SLC | 1,744 million SLC | 10 |
| 1980s | 114,702 million SLC | 5,540 million SLC | 449,319 million SLC | 10 |
| 1990s | 2.48 million million SLC | 638,246 million SLC | 10.59 million million SLC | 10 |
| 2000s | 30.13 million million SLC | 13.66 million million SLC | 50.12 million million SLC | 10 |
| 2010s | 105.78 million million SLC | 56.57 million million SLC | 153.23 million million SLC | 10 |
| 2020s | 198.10 million million SLC | 163.75 million million SLC | 251.17 million million SLC | 4 |
Countries ranked near Lao People's Democratic Republic
- 1 Côte d'Ivoire 45.86 million million SLC compare
- 1 Indonesia 20.35 billion million SLC compare
- 1 Iran (Islamic Republic of) 142.87 billion million SLC compare
- 2 Republic of Korea 2.44 billion million SLC compare
- 2 Viet Nam 9.73 billion million SLC compare
- 3 Cabo Verde 262,818 million SLC compare
- 3 Lebanon 1.98 billion million SLC compare
- 4 Colombia 1.55 billion million SLC compare
- 4 Syrian Arab Republic 207.02 million million SLC compare
- 5 United Republic of Tanzania 190.86 million million SLC compare
- 5 Uzbekistan 1.07 billion million SLC compare
- 6 Democratic Republic of the Congo 159.33 million million SLC compare
- 6 Japan 627.86 million million SLC compare
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.92 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6,487 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 52.72 million million SLC (2024)
- Gross Fixed Capital Formation — Value US$ 3,607 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.26 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -4.28 % (2024)
- Gross Domestic Product — Annual growth US$ -2.97 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 18.76 % (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Lao People's Democratic Republic?
- Gross national income — value standard local currency in Lao People's Democratic Republic was 251.17 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Lao People's Democratic Republic?
- The highest recorded value was 251.17 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Lao People's Democratic Republic?
- The lowest recorded value was 175.12 million SLC in 1970.
- How does Lao People's Democratic Republic rank for gross national income — value standard local currency?
- Lao People's Democratic Republic ranks 3rd out of 13 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 182.8%. 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 Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).