Imports of goods, services and primary income in Lao People's Democratic Republic
Lao People's Democratic Republic: Imports of goods, services and primary income was 11.09 billion BoP, current US$ in 2024. ◆ Volatile
Imports of goods, services and primary income in Lao People's Democratic Republic, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Lao People's Democratic Republic recorded 11.09 billion BoP, current US$ for imports of goods, services and primary income in 2024. That is the highest value across all 41 years on record.
The figure is up 13.3% on the previous year and up 73.4% over ten years.
Over the whole period, imports of goods, services and primary income in Lao People's Democratic Republic peaked at 11.09 billion BoP, current US$ in 2024 and was at its lowest, 178.60 million BoP, current US$, in 1988.
Lao People's Democratic Republic ranks 125th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods, services and primary income in Lao People's Democratic Republic, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1984 | 222.50 million BoP, current US$ | — |
| 1985 | 238.50 million BoP, current US$ | +7.2% |
| 1986 | 221.00 million BoP, current US$ | -7.3% |
| 1987 | 255.70 million BoP, current US$ | +15.7% |
| 1988 | 178.60 million BoP, current US$ | -30.2% |
| 1989 | 222.70 million BoP, current US$ | +24.7% |
| 1990 | 215.10 million BoP, current US$ | -3.4% |
| 1991 | 249.90 million BoP, current US$ | +16.2% |
| 1992 | 266.30 million BoP, current US$ | +6.6% |
| 1993 | 420.80 million BoP, current US$ | +58.0% |
| 1994 | 601.50 million BoP, current US$ | +42.9% |
| 1995 | 681.70 million BoP, current US$ | +13.3% |
| 1996 | 701.20 million BoP, current US$ | +2.9% |
| 1997 | 737.50 million BoP, current US$ | +5.2% |
| 1998 | 638.30 million BoP, current US$ | -13.5% |
| 1999 | 545.90 million BoP, current US$ | -14.5% |
| 2000 | 638.00 million BoP, current US$ | +16.9% |
| 2001 | 592.47 million BoP, current US$ | -7.1% |
| 2002 | 521.30 million BoP, current US$ | -12.0% |
| 2003 | 535.95 million BoP, current US$ | +2.8% |
| 2004 | 802.94 million BoP, current US$ | +49.8% |
| 2005 | 1.00 billion BoP, current US$ | +25.0% |
| 2006 | 1.17 billion BoP, current US$ | +16.9% |
| 2007 | 1.20 billion BoP, current US$ | +2.5% |
| 2008 | 1.59 billion BoP, current US$ | +32.1% |
| 2009 | 1.69 billion BoP, current US$ | +6.1% |
| 2010 | 2.46 billion BoP, current US$ | +45.8% |
| 2011 | 2.88 billion BoP, current US$ | +17.3% |
| 2012 | 4.00 billion BoP, current US$ | +38.8% |
| 2013 | 4.37 billion BoP, current US$ | +9.3% |
| 2014 | 6.40 billion BoP, current US$ | +46.4% |
| 2015 | 7.11 billion BoP, current US$ | +11.2% |
| 2016 | 6.85 billion BoP, current US$ | -3.7% |
| 2017 | 7.35 billion BoP, current US$ | +7.4% |
| 2018 | 8.42 billion BoP, current US$ | +14.5% |
| 2019 | 8.70 billion BoP, current US$ | +3.3% |
| 2020 | 7.10 billion BoP, current US$ | -18.4% |
| 2021 | 7.71 billion BoP, current US$ | +8.6% |
| 2022 | 9.47 billion BoP, current US$ | +22.9% |
| 2023 | 9.79 billion BoP, current US$ | +3.4% |
| 2024 | 11.09 billion BoP, current US$ | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 223.17 million BoP, current US$ | 178.60 million BoP, current US$ | 255.70 million BoP, current US$ | 6 |
| 1990s | 505.82 million BoP, current US$ | 215.10 million BoP, current US$ | 737.50 million BoP, current US$ | 10 |
| 2000s | 974.37 million BoP, current US$ | 521.30 million BoP, current US$ | 1.69 billion BoP, current US$ | 10 |
| 2010s | 5.85 billion BoP, current US$ | 2.46 billion BoP, current US$ | 8.70 billion BoP, current US$ | 10 |
| 2020s | 9.03 billion BoP, current US$ | 7.10 billion BoP, current US$ | 11.09 billion BoP, current US$ | 5 |
Countries ranked near Lao People's Democratic Republic
- 122 Cameroon 11.51 billion BoP, current US$ compare
- 123 Cayman Islands 11.43 billion BoP, current US$ compare
- 124 Zimbabwe 11.21 billion BoP, current US$ compare
- 126 Jamaica 10.44 billion BoP, current US$ compare
- 127 Namibia 10.17 billion BoP, current US$ compare
- 128 Kosovo 10.01 billion BoP, current US$ compare
- 128 Kosovo (UNSCR 1244) 10.01 billion BoP, current 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)
- 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is imports of goods, services and primary income in Lao People's Democratic Republic?
- Imports of goods, services and primary income in Lao People's Democratic Republic was 11.09 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Lao People's Democratic Republic?
- The highest recorded value was 11.09 billion BoP, current US$ in 2024.
- What is the lowest imports of goods, services and primary income recorded in Lao People's Democratic Republic?
- The lowest recorded value was 178.60 million BoP, current US$ in 1988.
- How does Lao People's Democratic Republic rank for imports of goods, services and primary income?
- Lao People's Democratic Republic ranks 125th out of 200 countries with data for 2024.
- Is imports of goods, services and primary income rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 73.4%. 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 Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods, services and primary income (BoP, current 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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.