Gross National Income — Value US$ in Laos
Laos: Gross National Income — Value US$ was 14,199 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Laos, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Laos recorded 14,199 million USD for gross national income — value us$ in 2023.
Compared with earlier readings it is down 1.7% on the previous year and up 25.2% over ten years.
Over the whole period, gross national income — value us$ in Laos peaked at 18,103 million USD in 2020 and was at its lowest, 119.1 million USD, in 1970.
Laos ranks 159th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Laos, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 119.1 million USD | — |
| 1971 | 131.38 million USD | +10.3% |
| 1972 | 141.79 million USD | +7.9% |
| 1973 | 162.62 million USD | +14.7% |
| 1974 | 183.71 million USD | +13.0% |
| 1975 | 214.11 million USD | +16.6% |
| 1976 | 232.58 million USD | +8.6% |
| 1977 | 242.1 million USD | +4.1% |
| 1978 | 261.71 million USD | +8.1% |
| 1979 | 277.76 million USD | +6.1% |
| 1980 | 333.14 million USD | +19.9% |
| 1981 | 420.58 million USD | +26.2% |
| 1982 | 478.19 million USD | +13.7% |
| 1983 | 520.21 million USD | +8.8% |
| 1984 | 577.6 million USD | +11.0% |
| 1985 | 626.08 million USD | +8.4% |
| 1986 | 669.89 million USD | +7.0% |
| 1987 | 676.7 million USD | +1.0% |
| 1988 | 686.49 million USD | +1.4% |
| 1989 | 814.64 million USD | +18.7% |
| 1990 | 901.79 million USD | +10.7% |
| 1991 | 1,071 million USD | +18.8% |
| 1992 | 1,229 million USD | +14.7% |
| 1993 | 1,387 million USD | +12.9% |
| 1994 | 1,607 million USD | +15.8% |
| 1995 | 1,846 million USD | +14.9% |
| 1996 | 1,945 million USD | +5.4% |
| 1997 | 1,776 million USD | -8.7% |
| 1998 | 1,301 million USD | -26.8% |
| 1999 | 1,492 million USD | +14.7% |
| 2000 | 1,732 million USD | +16.1% |
| 2001 | 1,756 million USD | +1.4% |
| 2002 | 1,837 million USD | +4.6% |
| 2003 | 2,062 million USD | +12.2% |
| 2004 | 2,471 million USD | +19.9% |
| 2005 | 2,876 million USD | +16.4% |
| 2006 | 3,409 million USD | +18.6% |
| 2007 | 4,411 million USD | +29.4% |
| 2008 | 5,465 million USD | +23.9% |
| 2009 | 5,889 million USD | +7.7% |
| 2010 | 6,854 million USD | +16.4% |
| 2011 | 8,150 million USD | +18.9% |
| 2012 | 9,584 million USD | +17.6% |
| 2013 | 11,338 million USD | +18.3% |
| 2014 | 12,693 million USD | +11.9% |
| 2015 | 13,785 million USD | +8.6% |
| 2016 | 15,228 million USD | +10.5% |
| 2017 | 16,170 million USD | +6.2% |
| 2018 | 17,355 million USD | +7.3% |
| 2019 | 17,655 million USD | +1.7% |
| 2020 | 18,103 million USD | +2.5% |
| 2021 | 18,018 million USD | -0.5% |
| 2022 | 14,444 million USD | -19.8% |
| 2023 | 14,199 million USD | -1.7% |
Laos compared with similar countries
- Laos's 14,199 million USD is below the median for lower middle income countries, which is 23,535 million USD, 60% of the median. (44 countries reporting)
- Laos's 14,199 million USD is below the median for East Asia & Pacific, which is 14,496 million USD, 98% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 196.68 million USD | 119.1 million USD | 277.76 million USD | 10 |
| 1980s | 580.35 million USD | 333.14 million USD | 814.64 million USD | 10 |
| 1990s | 1,455 million USD | 901.79 million USD | 1,945 million USD | 10 |
| 2000s | 3,191 million USD | 1,732 million USD | 5,889 million USD | 10 |
| 2010s | 12,881 million USD | 6,854 million USD | 17,655 million USD | 10 |
| 2020s | 16,191 million USD | 14,199 million USD | 18,103 million USD | 4 |
Countries ranked near Laos
- 156 North Macedonia 14,900 million USD compare
- 157 Brunei Darussalam 14,793 million USD compare
- 157 Brunei 14,793 million USD compare
- 159 Lao People's Democratic Republic 14,199 million USD compare
- 161 Rwanda 13,818 million USD compare
- 162 Bahamas 13,741 million USD 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross national income — value us$ in Laos?
- Gross national income — value us$ in Laos was 14,199 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Laos?
- The highest recorded value was 18,103 million USD in 2020.
- What is the lowest gross national income — value us$ recorded in Laos?
- The lowest recorded value was 119.1 million USD in 1970.
- How does Laos rank for gross national income — value us$?
- Laos ranks 159th out of 236 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Laos?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value US$. 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).