Value of imported goods as a share of GDP in Laos
Laos: Value of imported goods as a share of GDP was 67.8% in 2014. ▲ Rising
Value of imported goods as a share of GDP in Laos, 1969–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in %.
Analysis
In 2014, value of imported goods as a share of gdp in Laos stood at 67.8%. That is the highest value across all 39 years on record.
The figure is up 4.2% on the previous year and up 51.7% over ten years.
Over the whole period, value of imported goods as a share of gdp in Laos peaked at 67.8% in 2014 and was at its lowest, 8.2%, in 1985.
Laos ranks 42nd of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Value of imported goods as a share of GDP in Laos, year by year
| Year | % | Change |
|---|---|---|
| 1969 | 50.2% | — |
| 1970 | 35.2% | -29.8% |
| 1971 | 24.5% | -30.4% |
| 1972 | 23.0% | -6.0% |
| 1973 | 29.5% | +27.9% |
| 1974 | 31.1% | +5.5% |
| 1977 | 16.3% | -47.7% |
| 1982 | 41.2% | +153.7% |
| 1984 | 9.2% | -77.6% |
| 1985 | 8.2% | -11.5% |
| 1986 | 10.5% | +28.4% |
| 1987 | 19.9% | +89.8% |
| 1988 | 32.2% | +62.2% |
| 1989 | 25.9% | -19.6% |
| 1990 | 21.4% | -17.5% |
| 1991 | 16.5% | -22.6% |
| 1992 | 22.9% | +38.5% |
| 1993 | 32.5% | +42.0% |
| 1994 | 38.0% | +16.7% |
| 1995 | 33.6% | -11.5% |
| 1996 | 36.8% | +9.6% |
| 1997 | 34.6% | -6.0% |
| 1998 | 50.4% | +45.5% |
| 1999 | 55.6% | +10.5% |
| 2000 | 39.8% | -28.4% |
| 2001 | 40.6% | +1.9% |
| 2002 | 41.2% | +1.6% |
| 2003 | 40.0% | -2.9% |
| 2004 | 44.7% | +11.7% |
| 2005 | 46.4% | +3.9% |
| 2006 | 47.9% | +3.1% |
| 2007 | 49.9% | +4.3% |
| 2008 | 52.1% | +4.4% |
| 2009 | 49.6% | -4.8% |
| 2010 | 49.8% | +0.4% |
| 2011 | 56.0% | +12.4% |
| 2012 | 67.7% | +21.1% |
| 2013 | 65.1% | -3.9% |
| 2014 | 67.8% | +4.2% |
Laos compared with similar countries
- Laos's 67.8% is above the median for lower middle income countries, which is 42.3%, 1.6× the median. (46 countries reporting)
- Laos's 67.8% is above the median for East Asia & Pacific, which is 50.8%, 1.3× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Value of imported goods as a share of GDP in Laos 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 |
|---|---|---|---|
| 1982 | +153.7% | 16.3% | 41.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 50.2% | 50.2% | 50.2% | 1 |
| 1970s | 26.6% | 16.3% | 35.2% | 6 |
| 1980s | 21.0% | 8.2% | 41.2% | 7 |
| 1990s | 34.2% | 16.5% | 55.6% | 10 |
| 2000s | 45.2% | 39.8% | 52.1% | 10 |
| 2010s | 61.3% | 49.8% | 67.8% | 5 |
Countries ranked near Laos
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 value of imported goods as a share of gdp in Laos?
- Value of imported goods as a share of gdp in Laos was 67.8% in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Laos?
- The highest recorded value was 67.8% in 2014.
- What is the lowest value of imported goods as a share of gdp recorded in Laos?
- The lowest recorded value was 8.2% in 1985.
- How does Laos rank for value of imported goods as a share of gdp?
- Laos ranks 42nd out of 193 countries with data for 2014.
- Is value of imported goods as a share of gdp rising or falling in Laos?
- Over the last ten years it is up 51.7%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Estimates correspond to merchandise import-to-GDP ratios for countries and regions. All ratios are taken at current prices. See source for more details.