Gross domestic product (GDP) in Laos
Laos: Gross domestic product (GDP) was 7.12 billion current GBP in 2014. ◆ Volatile
Latest (2014)
7.12 billion current GBP
Change on year
down 0.6%
World rank
135th
of 200 countries
All-time high
7.16 billion current GBP
in 2013
All-time low
68.75 million current GBP
in 1969
Years of data
39
1969–2014
Gross domestic product (GDP) in Laos, 1969–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
In 2014, gross domestic product (gdp) in Laos stood at 7.12 billion current GBP.
The figure is down 0.6% on the previous year and up 450.9% over ten years.
Over the whole period, gross domestic product (gdp) in Laos peaked at 7.16 billion current GBP in 2013 and was at its lowest, 68.75 million current GBP, in 1969.
Laos ranks 135th 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.
Gross domestic product (GDP) in Laos, year by year
| Year | current GBP | Change |
|---|---|---|
| 1969 | 68.75 million current GBP | — |
| 1970 | 75.79 million current GBP | +10.2% |
| 1971 | 81.65 million current GBP | +7.7% |
| 1972 | 86.08 million current GBP | +5.4% |
| 1973 | 91.72 million current GBP | +6.5% |
| 1974 | 106.94 million current GBP | +16.6% |
| 1977 | 166.25 million current GBP | +55.5% |
| 1982 | 183.18 million current GBP | +10.2% |
| 1984 | 1.32 billion current GBP | +621.2% |
| 1985 | 1.84 billion current GBP | +39.6% |
| 1986 | 1.21 billion current GBP | -34.3% |
| 1987 | 665.33 million current GBP | -45.1% |
| 1988 | 336.72 million current GBP | -49.4% |
| 1989 | 436.41 million current GBP | +29.6% |
| 1990 | 487.46 million current GBP | +11.7% |
| 1991 | 582.94 million current GBP | +19.6% |
| 1992 | 642.60 million current GBP | +10.2% |
| 1993 | 885.29 million current GBP | +37.8% |
| 1994 | 1.01 billion current GBP | +13.9% |
| 1995 | 1.12 billion current GBP | +10.8% |
| 1996 | 1.20 billion current GBP | +7.5% |
| 1997 | 1.07 billion current GBP | -11.1% |
| 1998 | 773.00 million current GBP | -27.6% |
| 1999 | 898.92 million current GBP | +16.3% |
| 2000 | 1.14 billion current GBP | +27.3% |
| 2001 | 1.23 billion current GBP | +7.4% |
| 2002 | 1.17 billion current GBP | -4.5% |
| 2003 | 1.24 billion current GBP | +5.6% |
| 2004 | 1.29 billion current GBP | +4.3% |
| 2005 | 1.50 billion current GBP | +16.4% |
| 2006 | 1.88 billion current GBP | +24.7% |
| 2007 | 2.11 billion current GBP | +12.5% |
| 2008 | 2.96 billion current GBP | +40.3% |
| 2009 | 3.74 billion current GBP | +26.4% |
| 2010 | 4.65 billion current GBP | +24.1% |
| 2011 | 5.17 billion current GBP | +11.2% |
| 2012 | 5.92 billion current GBP | +14.6% |
| 2013 | 7.16 billion current GBP | +20.8% |
| 2014 | 7.12 billion current GBP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 68.75 million current GBP | 68.75 million current GBP | 68.75 million current GBP | 1 |
| 1970s | 101.40 million current GBP | 75.79 million current GBP | 166.25 million current GBP | 6 |
| 1980s | 857.01 million current GBP | 183.18 million current GBP | 1.84 billion current GBP | 7 |
| 1990s | 866.44 million current GBP | 487.46 million current GBP | 1.20 billion current GBP | 10 |
| 2000s | 1.83 billion current GBP | 1.14 billion current GBP | 3.74 billion current GBP | 10 |
| 2010s | 6.00 billion current GBP | 4.65 billion current GBP | 7.16 billion current GBP | 5 |
Countries ranked near Laos
- 132 Burkina Faso 7.63 billion current GBP compare
- 133 Mongolia 7.43 billion current GBP compare
- 134 Nicaragua 7.17 billion current GBP compare
- 136 Armenia 7.08 billion current GBP compare
- 137 North Macedonia 6.88 billion current GBP compare
- 138 Madagascar 6.69 billion current GBP compare
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,077 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 18,267 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 42.47 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.08 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Laos?
- Gross domestic product (gdp) in Laos was 7.12 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Laos?
- The highest recorded value was 7.16 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Laos?
- The lowest recorded value was 68.75 million current GBP in 1969.
- How does Laos rank for gross domestic product (gdp)?
- Laos ranks 135th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Laos?
- Over the last ten years it is up 450.9%. The long-run trend across the full record is volatile.
- 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 Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.