Imports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services was 7.82 billion constant 2015 US$ in 2016. ◆ Volatile
Imports of goods and services in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2016, imports of goods and services in Lao People's Democratic Republic stood at 7.82 billion constant 2015 US$. That is the highest value across all 17 years on record.
That represents a change of up 4.6% on the previous year and up 227.2% over ten years.
Over the whole period, imports of goods and services in Lao People's Democratic Republic peaked at 7.82 billion constant 2015 US$ in 2016 and was at its lowest, 1.23 billion constant 2015 US$, in 2000.
That places Lao People's Democratic Republic 119th out of 172 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 1.23 billion constant 2015 US$ | — |
| 2001 | 1.32 billion constant 2015 US$ | +7.4% |
| 2002 | 1.29 billion constant 2015 US$ | -2.1% |
| 2003 | 1.32 billion constant 2015 US$ | +2.7% |
| 2004 | 1.74 billion constant 2015 US$ | +31.1% |
| 2005 | 2.02 billion constant 2015 US$ | +16.2% |
| 2006 | 2.39 billion constant 2015 US$ | +18.4% |
| 2007 | 2.77 billion constant 2015 US$ | +15.8% |
| 2008 | 3.37 billion constant 2015 US$ | +21.9% |
| 2009 | 3.69 billion constant 2015 US$ | +9.4% |
| 2010 | 4.03 billion constant 2015 US$ | +9.2% |
| 2011 | 4.72 billion constant 2015 US$ | +17.1% |
| 2012 | 6.19 billion constant 2015 US$ | +31.0% |
| 2013 | 7.01 billion constant 2015 US$ | +13.4% |
| 2014 | 7.19 billion constant 2015 US$ | +2.5% |
| 2015 | 7.48 billion constant 2015 US$ | +4.0% |
| 2016 | 7.82 billion constant 2015 US$ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.11 billion constant 2015 US$ | 1.23 billion constant 2015 US$ | 3.69 billion constant 2015 US$ | 10 |
| 2010s | 6.35 billion constant 2015 US$ | 4.03 billion constant 2015 US$ | 7.82 billion constant 2015 US$ | 7 |
Countries ranked near Lao People's Democratic Republic
- 116 Gabon 9.28 billion constant 2015 US$ compare
- 117 Republic of Moldova 8.53 billion constant 2015 US$ compare
- 118 Cuba 8.15 billion constant 2015 US$ compare
- 120 Albania 7.79 billion constant 2015 US$ compare
- 121 Burkina Faso 7.21 billion constant 2015 US$ compare
- 122 Mali 7.11 billion constant 2015 US$ 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)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
- Gross capital formation (constant 2015 US$), per capita 705.07 constant 2015 US$ per person (2016)
- Imports of goods and services (current US$), annual growth rate -10.9 % change on previous year (2016)
- Imports of goods and services (current US$), per unit of GDP 0.4188 current US$ per US$ of GDP (2016)
- Imports of goods and services (current US$), per capita 964.65 current US$ per person (2016)
- Imports of goods and services (current LCU), annual growth rate -10.93 % change on previous year (2016)
- Imports of goods and services (current LCU), per unit of GDP 3,403 current LCU per US$ of GDP (2016)
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 7.82 billion constant 2015 US$ 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 7.82 billion constant 2015 US$ in 2016.
- What is the lowest imports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.23 billion constant 2015 US$ in 2000.
- How does Lao People's Democratic Republic rank for imports of goods and services?
- Lao People's Democratic Republic ranks 119th out of 172 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 up 227.2%. 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 Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.