Imports of goods and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services was 62.22 trillion constant LCU 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 LCU.
Analysis
The most recent figure for imports of goods and services in Lao People's Democratic Republic is 62.22 trillion constant LCU, measured in 2016. That is the highest value across all 17 years on record.
The figure is 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 62.22 trillion constant LCU in 2016 and was at its lowest, 9.75 trillion constant LCU, in 2000.
Lao People's Democratic Republic ranks 14th of 179 countries on this measure, in the top 10%.
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 LCU | Change |
|---|---|---|
| 2000 | 9.75 trillion constant LCU | — |
| 2001 | 10.47 trillion constant LCU | +7.4% |
| 2002 | 10.26 trillion constant LCU | -2.1% |
| 2003 | 10.53 trillion constant LCU | +2.7% |
| 2004 | 13.81 trillion constant LCU | +31.1% |
| 2005 | 16.06 trillion constant LCU | +16.2% |
| 2006 | 19.02 trillion constant LCU | +18.4% |
| 2007 | 22.02 trillion constant LCU | +15.8% |
| 2008 | 26.83 trillion constant LCU | +21.9% |
| 2009 | 29.36 trillion constant LCU | +9.4% |
| 2010 | 32.08 trillion constant LCU | +9.2% |
| 2011 | 37.56 trillion constant LCU | +17.1% |
| 2012 | 49.22 trillion constant LCU | +31.0% |
| 2013 | 55.81 trillion constant LCU | +13.4% |
| 2014 | 57.20 trillion constant LCU | +2.5% |
| 2015 | 59.51 trillion constant LCU | +4.0% |
| 2016 | 62.22 trillion constant LCU | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.81 trillion constant LCU | 9.75 trillion constant LCU | 29.36 trillion constant LCU | 10 |
| 2010s | 50.51 trillion constant LCU | 32.08 trillion constant LCU | 62.22 trillion constant LCU | 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)
- 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 62.22 trillion constant LCU 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 62.22 trillion constant LCU in 2016.
- What is the lowest imports of goods and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was 9.75 trillion constant LCU in 2000.
- How does Lao People's Democratic Republic rank for imports of goods and services?
- Lao People's Democratic Republic ranks 14th out of 179 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 LCU). 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 varies by country. This series is expressed in local currency units.