Imports of goods and services (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services (constant 2015 US$), per unit of GDP was 0.4914 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Imports of goods and services (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2016, imports of goods and services (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic stood at 0.4914 constant 2015 US$ per US$ of GDP. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 5.2% on the previous year and down 29.0% over ten years.
Over the whole period, imports of goods and services (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic peaked at 0.7443 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.4914 constant 2015 US$ per US$ of GDP, in 2016.
That places Lao People's Democratic Republic 51st out of 172 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Imports of goods and services (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.7081 constant 2015 US$ per US$ of GDP | — |
| 2001 | 0.7443 constant 2015 US$ per US$ of GDP | +5.1% |
| 2002 | 0.7331 constant 2015 US$ per US$ of GDP | -1.5% |
| 2003 | 0.6544 constant 2015 US$ per US$ of GDP | -10.7% |
| 2004 | 0.7337 constant 2015 US$ per US$ of GDP | +12.1% |
| 2005 | 0.7377 constant 2015 US$ per US$ of GDP | +0.5% |
| 2006 | 0.6917 constant 2015 US$ per US$ of GDP | -6.2% |
| 2007 | 0.6552 constant 2015 US$ per US$ of GDP | -5.3% |
| 2008 | 0.6191 constant 2015 US$ per US$ of GDP | -5.5% |
| 2009 | 0.6323 constant 2015 US$ per US$ of GDP | +2.1% |
| 2010 | 0.5653 constant 2015 US$ per US$ of GDP | -10.6% |
| 2011 | 0.5395 constant 2015 US$ per US$ of GDP | -4.6% |
| 2012 | 0.6069 constant 2015 US$ per US$ of GDP | +12.5% |
| 2013 | 0.5853 constant 2015 US$ per US$ of GDP | -3.6% |
| 2014 | 0.5413 constant 2015 US$ per US$ of GDP | -7.5% |
| 2015 | 0.5185 constant 2015 US$ per US$ of GDP | -4.2% |
| 2016 | 0.4914 constant 2015 US$ per US$ of GDP | -5.2% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 0.4914 constant 2015 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3476 constant 2015 US$ per US$ of GDP, 1.4× the median. (43 countries reporting)
- Lao People's Democratic Republic's 0.4914 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.5345 constant 2015 US$ per US$ of GDP, 92% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.691 constant 2015 US$ per US$ of GDP | 0.6191 constant 2015 US$ per US$ of GDP | 0.7443 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5497 constant 2015 US$ per US$ of GDP | 0.4914 constant 2015 US$ per US$ of GDP | 0.6069 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 48 Mauritania 0.5109 constant 2015 US$ per US$ of GDP compare
- 49 Montenegro 0.5032 constant 2015 US$ per US$ of GDP compare
- 50 Thailand 0.4957 constant 2015 US$ per US$ of GDP compare
- 52 Tunisia 0.4802 constant 2015 US$ per US$ of GDP compare
- 53 Czechia 0.4785 constant 2015 US$ per US$ of GDP compare
- 54 Greenland 0.473 constant 2015 US$ per US$ of GDP compare
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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic?
- Imports of goods and services (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic was 0.4914 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.7443 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest imports of goods and services (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.4914 constant 2015 US$ per US$ of GDP in 2016.
- How does Lao People's Democratic Republic rank for imports of goods and services (constant 2015 us$), per unit of gdp?
- Lao People's Democratic Republic ranks 51st out of 172 countries with data for 2016.
- Is imports of goods and services (constant 2015 us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.