Imports of goods and services (current LCU), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services (current LCU), annual growth rate was -10.93 % change on previous year in 2016. ◆ Volatile
Imports of goods and services (current LCU), annual growth rate in Lao People's Democratic Republic, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, imports of goods and services (current lcu), annual growth rate in Lao People's Democratic Republic stood at -10.93 % change on previous year. That is the lowest value across all 32 years on record.
The figure is down 360.6% on the previous year and down 147.3% over ten years.
Over the whole period, imports of goods and services (current lcu), annual growth rate in Lao People's Democratic Republic peaked at 180.52 % change on previous year in 1988 and was at its lowest, -10.93 % change on previous year, in 2016.
That places Lao People's Democratic Republic 187th out of 192 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (current LCU), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 166.67 % change on previous year | — |
| 1986 | 25 % change on previous year | -85.0% |
| 1987 | 105.39 % change on previous year | +321.5% |
| 1988 | 180.52 % change on previous year | +71.3% |
| 1989 | 77.84 % change on previous year | -56.9% |
| 1990 | 12.76 % change on previous year | -83.6% |
| 1991 | 21.24 % change on previous year | +66.4% |
| 1992 | 20.21 % change on previous year | -4.8% |
| 1993 | 35.4 % change on previous year | +75.2% |
| 1994 | 48.84 % change on previous year | +37.9% |
| 1995 | 20.1 % change on previous year | -58.8% |
| 1996 | 33.74 % change on previous year | +67.9% |
| 1997 | 28.2 % change on previous year | -16.4% |
| 1998 | 122.27 % change on previous year | +333.6% |
| 1999 | 126.05 % change on previous year | +3.1% |
| 2000 | 14.08 % change on previous year | -88.8% |
| 2001 | 14.68 % change on previous year | +4.2% |
| 2002 | 14.02 % change on previous year | -4.5% |
| 2003 | 15.86 % change on previous year | +13.1% |
| 2004 | 30.74 % change on previous year | +93.8% |
| 2005 | 21.06 % change on previous year | -31.5% |
| 2006 | 23.1 % change on previous year | +9.7% |
| 2007 | 20.33 % change on previous year | -12.0% |
| 2008 | 25.35 % change on previous year | +24.7% |
| 2009 | 0.3913 % change on previous year | -98.5% |
| 2010 | 24.8 % change on previous year | +6238.8% |
| 2011 | 24.23 % change on previous year | -2.3% |
| 2012 | 36.41 % change on previous year | +50.2% |
| 2013 | 14.44 % change on previous year | -60.3% |
| 2014 | 10.55 % change on previous year | -27.0% |
| 2015 | -2.37 % change on previous year | -122.5% |
| 2016 | -10.93 % change on previous year | +360.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 111.08 % change on previous year | 25 % change on previous year | 180.52 % change on previous year | 5 |
| 1990s | 46.88 % change on previous year | 12.76 % change on previous year | 126.05 % change on previous year | 10 |
| 2000s | 17.96 % change on previous year | 0.3913 % change on previous year | 30.74 % change on previous year | 10 |
| 2010s | 13.88 % change on previous year | -10.93 % change on previous year | 36.41 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 184 Djibouti -7.07 % change on previous year
- 185 Botswana -8.93 % change on previous year compare
- 186 Equatorial Guinea -10 % change on previous year compare
- 188 Zambia -12.48 % change on previous year compare
- 189 Brunei Darussalam -14.42 % change on previous year compare
- 190 Armenia -22.14 % change on previous year 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 (current lcu), annual growth rate in Lao People's Democratic Republic?
- Imports of goods and services (current lcu), annual growth rate in Lao People's Democratic Republic was -10.93 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 180.52 % change on previous year in 1988.
- What is the lowest imports of goods and services (current lcu), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -10.93 % change on previous year in 2016.
- How does Lao People's Democratic Republic rank for imports of goods and services (current lcu), annual growth rate?
- Lao People's Democratic Republic ranks 187th out of 192 countries with data for 2016.
- Is imports of goods and services (current lcu), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 147.3%. 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 Statizoid (derived), published as part of Imports of goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Imports of goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.