Imports of goods and services (constant LCU), per unit of GDP in Laos
Laos: Imports of goods and services (constant LCU), per unit of GDP was 3,910 constant LCU per US$ of GDP in 2016. ▼ Falling
Imports of goods and services (constant LCU), per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Laos recorded 3,910 constant LCU per US$ of GDP for imports of goods and services (constant lcu), per unit of gdp in 2016. That is the lowest value across all 17 years on record.
The figure 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 lcu), per unit of gdp in Laos peaked at 5,922 constant LCU per US$ of GDP in 2001 and was at its lowest, 3,910 constant LCU per US$ of GDP, in 2016.
That places Laos 4th out of 179 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Imports of goods and services (constant LCU), per unit of GDP in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 5,634 constant LCU per US$ of GDP | — |
| 2001 | 5,922 constant LCU per US$ of GDP | +5.1% |
| 2002 | 5,833 constant LCU per US$ of GDP | -1.5% |
| 2003 | 5,207 constant LCU per US$ of GDP | -10.7% |
| 2004 | 5,838 constant LCU per US$ of GDP | +12.1% |
| 2005 | 5,869 constant LCU per US$ of GDP | +0.5% |
| 2006 | 5,504 constant LCU per US$ of GDP | -6.2% |
| 2007 | 5,214 constant LCU per US$ of GDP | -5.3% |
| 2008 | 4,926 constant LCU per US$ of GDP | -5.5% |
| 2009 | 5,031 constant LCU per US$ of GDP | +2.1% |
| 2010 | 4,498 constant LCU per US$ of GDP | -10.6% |
| 2011 | 4,293 constant LCU per US$ of GDP | -4.6% |
| 2012 | 4,829 constant LCU per US$ of GDP | +12.5% |
| 2013 | 4,657 constant LCU per US$ of GDP | -3.6% |
| 2014 | 4,307 constant LCU per US$ of GDP | -7.5% |
| 2015 | 4,125 constant LCU per US$ of GDP | -4.2% |
| 2016 | 3,910 constant LCU per US$ of GDP | -5.2% |
Laos compared with similar countries
- Laos's 3,910 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 17.63 constant LCU per US$ of GDP, 221.8× the median. (45 countries reporting)
- Laos's 3,910 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.04 constant LCU per US$ of GDP, 1919.6× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,498 constant LCU per US$ of GDP | 4,926 constant LCU per US$ of GDP | 5,922 constant LCU per US$ of GDP | 10 |
| 2010s | 4,374 constant LCU per US$ of GDP | 3,910 constant LCU per US$ of GDP | 4,829 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 1 Iran 39,602 constant LCU per US$ of GDP compare
- 2 Somalia 24,474 constant LCU per US$ of GDP compare
- 3 Vietnam 13,868 constant LCU per US$ of GDP compare
- 5 Guinea 2,861 constant LCU per US$ of GDP compare
- 6 Cambodia 2,277 constant LCU per US$ of GDP compare
- 7 Paraguay 2,018 constant LCU 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (constant lcu), per unit of gdp in Laos?
- Imports of goods and services (constant lcu), per unit of gdp in Laos was 3,910 constant LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest imports of goods and services (constant lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 5,922 constant LCU per US$ of GDP in 2001.
- What is the lowest imports of goods and services (constant lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was 3,910 constant LCU per US$ of GDP in 2016.
- How does Laos rank for imports of goods and services (constant lcu), per unit of gdp?
- Laos ranks 4th out of 179 countries with data for 2016.
- Is imports of goods and services (constant lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (constant LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.