Imports of goods and services (BoP, current US$), per unit of GDP in Laos
Laos: Imports of goods and services (BoP, current US$), per unit of GDP was 0.6017 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Imports of goods and services (BoP, current US$), per unit of GDP in Laos, 1984–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Laos recorded 0.6017 BoP, current US$ per US$ of GDP for imports of goods and services (bop, current us$), per unit of gdp in 2024. That is the highest value across all 41 years on record.
The figure is up 10.9% on the previous year and up 30.4% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Laos peaked at 0.6017 BoP, current US$ per US$ of GDP in 2024 and was at its lowest, 0.0998 BoP, current US$ per US$ of GDP, in 1985.
Laos ranks 59th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Laos, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.1249 BoP, current US$ per US$ of GDP | — |
| 1985 | 0.0998 BoP, current US$ per US$ of GDP | -20.1% |
| 1986 | 0.1235 BoP, current US$ per US$ of GDP | +23.8% |
| 1987 | 0.2339 BoP, current US$ per US$ of GDP | +89.3% |
| 1988 | 0.294 BoP, current US$ per US$ of GDP | +25.7% |
| 1989 | 0.3075 BoP, current US$ per US$ of GDP | +4.6% |
| 1990 | 0.2448 BoP, current US$ per US$ of GDP | -20.4% |
| 1991 | 0.2388 BoP, current US$ per US$ of GDP | -2.5% |
| 1992 | 0.232 BoP, current US$ per US$ of GDP | -2.8% |
| 1993 | 0.3127 BoP, current US$ per US$ of GDP | +34.8% |
| 1994 | 0.3837 BoP, current US$ per US$ of GDP | +22.7% |
| 1995 | 0.3792 BoP, current US$ per US$ of GDP | -1.2% |
| 1996 | 0.367 BoP, current US$ per US$ of GDP | -3.2% |
| 1997 | 0.4056 BoP, current US$ per US$ of GDP | +10.5% |
| 1998 | 0.4659 BoP, current US$ per US$ of GDP | +14.9% |
| 1999 | 0.341 BoP, current US$ per US$ of GDP | -26.8% |
| 2000 | 0.3341 BoP, current US$ per US$ of GDP | -2.0% |
| 2001 | 0.3055 BoP, current US$ per US$ of GDP | -8.5% |
| 2002 | 0.2706 BoP, current US$ per US$ of GDP | -11.4% |
| 2003 | 0.2424 BoP, current US$ per US$ of GDP | -10.4% |
| 2004 | 0.3144 BoP, current US$ per US$ of GDP | +29.7% |
| 2005 | 0.3367 BoP, current US$ per US$ of GDP | +7.1% |
| 2006 | 0.3177 BoP, current US$ per US$ of GDP | -5.6% |
| 2007 | 0.2625 BoP, current US$ per US$ of GDP | -17.4% |
| 2008 | 0.2774 BoP, current US$ per US$ of GDP | +5.7% |
| 2009 | 0.2736 BoP, current US$ per US$ of GDP | -1.4% |
| 2010 | 0.3258 BoP, current US$ per US$ of GDP | +19.1% |
| 2011 | 0.3147 BoP, current US$ per US$ of GDP | -3.4% |
| 2012 | 0.3713 BoP, current US$ per US$ of GDP | +18.0% |
| 2013 | 0.3428 BoP, current US$ per US$ of GDP | -7.7% |
| 2014 | 0.4613 BoP, current US$ per US$ of GDP | +34.6% |
| 2015 | 0.4682 BoP, current US$ per US$ of GDP | +1.5% |
| 2016 | 0.4019 BoP, current US$ per US$ of GDP | -14.2% |
| 2017 | 0.3974 BoP, current US$ per US$ of GDP | -1.1% |
| 2018 | 0.4169 BoP, current US$ per US$ of GDP | +4.9% |
| 2019 | 0.4012 BoP, current US$ per US$ of GDP | -3.8% |
| 2020 | 0.3064 BoP, current US$ per US$ of GDP | -23.6% |
| 2021 | 0.3467 BoP, current US$ per US$ of GDP | +13.2% |
| 2022 | 0.516 BoP, current US$ per US$ of GDP | +48.8% |
| 2023 | 0.5426 BoP, current US$ per US$ of GDP | +5.1% |
| 2024 | 0.6017 BoP, current US$ per US$ of GDP | +10.9% |
Laos compared with similar countries
- Laos's 0.6017 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 1.7× the median. (47 countries reporting)
- Laos's 0.6017 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 1.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1973 BoP, current US$ per US$ of GDP | 0.0998 BoP, current US$ per US$ of GDP | 0.3075 BoP, current US$ per US$ of GDP | 6 |
| 1990s | 0.3371 BoP, current US$ per US$ of GDP | 0.232 BoP, current US$ per US$ of GDP | 0.4659 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.2935 BoP, current US$ per US$ of GDP | 0.2424 BoP, current US$ per US$ of GDP | 0.3367 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.3901 BoP, current US$ per US$ of GDP | 0.3147 BoP, current US$ per US$ of GDP | 0.4682 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4627 BoP, current US$ per US$ of GDP | 0.3064 BoP, current US$ per US$ of GDP | 0.6017 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Laos
- 56 Tonga 0.6068 BoP, current US$ per US$ of GDP compare
- 57 Moldova 0.6038 BoP, current US$ per US$ of GDP compare
- 58 Antigua and Barbuda 0.6019 BoP, current US$ per US$ of GDP compare
- 60 Saint Kitts and Nevis 0.5971 BoP, current US$ per US$ of GDP compare
- 61 Serbia 0.5864 BoP, current US$ per US$ of GDP compare
- 62 Nicaragua 0.5807 BoP, current US$ per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Laos?
- Imports of goods and services (bop, current us$), per unit of gdp in Laos was 0.6017 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Laos?
- The highest recorded value was 0.6017 BoP, current US$ per US$ of GDP in 2024.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Laos?
- The lowest recorded value was 0.0998 BoP, current US$ per US$ of GDP in 1985.
- How does Laos rank for imports of goods and services (bop, current us$), per unit of gdp?
- Laos ranks 59th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Laos?
- Over the last ten years it is up 30.4%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.