Imports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services was 4.6% in 2016. ◆ Volatile
Imports of goods and services in Lao People's Democratic Republic, 2001–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for imports of goods and services in Lao People's Democratic Republic is 4.6%, measured in 2016.
That represents a change of up 12.5% on the previous year and down 75.3% over ten years.
Over the whole period, imports of goods and services in Lao People's Democratic Republic peaked at 31.1% in 2004 and was at its lowest, -2.1%, in 2002.
That places Lao People's Democratic Republic 87th out of 178 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Lao People's Democratic Republic, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 7.4% | — |
| 2002 | -2.1% | -128.4% |
| 2003 | 2.7% | -230.1% |
| 2004 | 31.1% | +1042.5% |
| 2005 | 16.2% | -47.9% |
| 2006 | 18.4% | +13.6% |
| 2007 | 15.8% | -14.4% |
| 2008 | 21.9% | +38.4% |
| 2009 | 9.4% | -56.8% |
| 2010 | 9.2% | -2.2% |
| 2011 | 17.1% | +85.0% |
| 2012 | 31.0% | +81.5% |
| 2013 | 13.4% | -56.9% |
| 2014 | 2.5% | -81.4% |
| 2015 | 4.0% | +62.4% |
| 2016 | 4.6% | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.4% | -2.1% | 31.1% | 9 |
| 2010s | 11.7% | 2.5% | 31.0% | 7 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- 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 imports of goods and services in Lao People's Democratic Republic?
- Imports of goods and services in Lao People's Democratic Republic was 4.6% in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 31.1% in 2004.
- What is the lowest imports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was -2.1% in 2002.
- How does Lao People's Democratic Republic rank for imports of goods and services?
- Lao People's Democratic Republic ranks 87th out of 178 countries with data for 2016.
- Is imports of goods and services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 75.3%. 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 Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.