Imports of goods and services (current LCU), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods and services (current LCU), per unit of GDP was 3,403 current LCU per US$ of GDP in 2016. ◆ Volatile
Imports of goods and services (current LCU), per unit of GDP in Lao People's Democratic Republic, 1984–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Lao People's Democratic Republic recorded 3,403 current LCU per US$ of GDP for imports of goods and services (current lcu), per unit of gdp in 2016.
Compared with earlier readings it is down 19.2% on the previous year and down 23.5% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Lao People's Democratic Republic peaked at 4,829 current LCU per US$ of GDP in 2012 and was at its lowest, 2.22 current LCU per US$ of GDP, in 1984.
Lao People's Democratic Republic ranks 7th of 193 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 (current LCU), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1984 | 2.22 current LCU per US$ of GDP | — |
| 1985 | 4.39 current LCU per US$ of GDP | +98.0% |
| 1986 | 7.32 current LCU per US$ of GDP | +66.5% |
| 1987 | 24.56 current LCU per US$ of GDP | +235.6% |
| 1988 | 125.05 current LCU per US$ of GDP | +409.2% |
| 1989 | 186.54 current LCU per US$ of GDP | +49.2% |
| 1990 | 173.53 current LCU per US$ of GDP | -7.0% |
| 1991 | 177.12 current LCU per US$ of GDP | +2.1% |
| 1992 | 194.09 current LCU per US$ of GDP | +9.6% |
| 1993 | 223.24 current LCU per US$ of GDP | +15.0% |
| 1994 | 285.79 current LCU per US$ of GDP | +28.0% |
| 1995 | 300.42 current LCU per US$ of GDP | +5.1% |
| 1996 | 378.16 current LCU per US$ of GDP | +25.9% |
| 1997 | 519.93 current LCU per US$ of GDP | +37.5% |
| 1998 | 1,577 current LCU per US$ of GDP | +203.3% |
| 1999 | 3,138 current LCU per US$ of GDP | +99.0% |
| 2000 | 3,007 current LCU per US$ of GDP | -4.2% |
| 2001 | 3,376 current LCU per US$ of GDP | +12.3% |
| 2002 | 3,872 current LCU per US$ of GDP | +14.7% |
| 2003 | 3,898 current LCU per US$ of GDP | +0.7% |
| 2004 | 4,358 current LCU per US$ of GDP | +11.8% |
| 2005 | 4,563 current LCU per US$ of GDP | +4.7% |
| 2006 | 4,448 current LCU per US$ of GDP | -2.5% |
| 2007 | 4,379 current LCU per US$ of GDP | -1.6% |
| 2008 | 4,256 current LCU per US$ of GDP | -2.8% |
| 2009 | 3,987 current LCU per US$ of GDP | -6.3% |
| 2010 | 4,072 current LCU per US$ of GDP | +2.1% |
| 2011 | 4,123 current LCU per US$ of GDP | +1.3% |
| 2012 | 4,829 current LCU per US$ of GDP | +17.1% |
| 2013 | 4,700 current LCU per US$ of GDP | -2.7% |
| 2014 | 4,689 current LCU per US$ of GDP | -0.2% |
| 2015 | 4,214 current LCU per US$ of GDP | -10.1% |
| 2016 | 3,403 current LCU per US$ of GDP | -19.2% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 3,403 current LCU per US$ of GDP is above the median for lower middle income countries, which is 20.96 current LCU per US$ of GDP, 162.3× the median. (45 countries reporting)
- Lao People's Democratic Republic's 3,403 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.88 current LCU per US$ of GDP, 1809.6× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Imports of goods and services (current LCU), per unit of GDP in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +409.2% | 24.56 current LCU per US$ of GDP | 125.05 current LCU per US$ of GDP |
| 1987 | +235.6% | 7.32 current LCU per US$ of GDP | 24.56 current LCU per US$ of GDP |
| 1998 | +203.3% | 519.93 current LCU per US$ of GDP | 1,577 current LCU per US$ of GDP |
| 1985 | +98.0% | 2.22 current LCU per US$ of GDP | 4.39 current LCU per US$ of GDP |
| 1999 | +99.0% | 1,577 current LCU per US$ of GDP | 3,138 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 58.35 current LCU per US$ of GDP | 2.22 current LCU per US$ of GDP | 186.54 current LCU per US$ of GDP | 6 |
| 1990s | 696.72 current LCU per US$ of GDP | 173.53 current LCU per US$ of GDP | 3,138 current LCU per US$ of GDP | 10 |
| 2000s | 4,015 current LCU per US$ of GDP | 3,007 current LCU per US$ of GDP | 4,563 current LCU per US$ of GDP | 10 |
| 2010s | 4,290 current LCU per US$ of GDP | 3,403 current LCU per US$ of GDP | 4,829 current LCU per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 4 Viet Nam 22,988 current LCU per US$ of GDP compare
- 5 Guinea 5,379 current LCU per US$ of GDP compare
- 6 Uzbekistan 4,449 current LCU per US$ of GDP compare
- 8 Indonesia 3,385 current LCU per US$ of GDP compare
- 9 Paraguay 2,965 current LCU per US$ of GDP compare
- 10 Cambodia 2,707 current LCU 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current lcu), per unit of gdp in Lao People's Democratic Republic?
- Imports of goods and services (current lcu), per unit of gdp in Lao People's Democratic Republic was 3,403 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 4,829 current LCU per US$ of GDP in 2012.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 2.22 current LCU per US$ of GDP in 1984.
- How does Lao People's Democratic Republic rank for imports of goods and services (current lcu), per unit of gdp?
- Lao People's Democratic Republic ranks 7th out of 193 countries with data for 2016.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 23.5%. 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), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
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 (current 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.