Gross National Income — Value US$ in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross National Income — Value US$ was 14,199 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Lao People's Democratic Republic, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Lao People's Democratic Republic recorded 14,199 million USD for gross national income — value us$ in 2023.
That represents a change of down 1.7% on the previous year and up 25.2% over ten years.
Over the whole period, gross national income — value us$ in Lao People's Democratic Republic peaked at 18,103 million USD in 2020 and was at its lowest, 119.1 million USD, in 1970.
Lao People's Democratic Republic ranks 16th of 20 regions on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
- 13 Mexico 1.75 million million USD compare
- 14 Australia 1.72 million million USD compare
- 15 Spain 1.60 million million USD compare
- 16 Indonesia 1.34 million million USD compare
- 17 Netherlands (Kingdom of the) 1.14 million million USD compare
- 18 Saudi Arabia 1.08 million million USD compare
- 18 Timor-Leste 2,435 million USD compare
- 19 Switzerland 867,093 million USD 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 us$ in Lao People's Democratic Republic?
- Gross national income — value us$ in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- The highest recorded value was 18,103 million USD in 2020.
- What is the lowest gross national income — value us$ recorded in Lao People's Democratic Republic?
- The lowest recorded value was 119.1 million USD in 1970.
- How does Lao People's Democratic Republic rank for gross national income — value us$?
- Lao People's Democratic Republic ranks 16th out of 20 regions with data for 2023.
- Is gross national income — value us$ rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 25.2%. 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 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).