Net trade in goods (BoP, current US$), annual growth rate in Laos
Laos: Net trade in goods (BoP, current US$), annual growth rate was 0.289 % change on previous year in 2024. ◆ Volatile
Net trade in goods (BoP, current US$), annual growth rate in Laos, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for net trade in goods (bop, current us$), annual growth rate in Laos is 0.289 % change on previous year, measured in 2024.
That represents a change of up 101.2% on the previous year and up 100.2% over ten years.
Over the whole period, net trade in goods (bop, current us$), annual growth rate in Laos peaked at 259.78 % change on previous year in 2020 and was at its lowest, -205.19 % change on previous year, in 1993.
Laos ranks 75th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods (BoP, current US$), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | -18.2 % change on previous year | — |
| 1986 | 6.38 % change on previous year | -135.0% |
| 1987 | -16.22 % change on previous year | -354.4% |
| 1988 | 39.7 % change on previous year | -344.7% |
| 1989 | -42.47 % change on previous year | -207.0% |
| 1990 | 18.16 % change on previous year | -142.8% |
| 1991 | 5.15 % change on previous year | -71.6% |
| 1992 | 42.94 % change on previous year | +733.9% |
| 1993 | -205.19 % change on previous year | -577.8% |
| 1994 | -35.54 % change on previous year | -82.7% |
| 1995 | -38.31 % change on previous year | +7.8% |
| 1996 | 4.6 % change on previous year | -112.0% |
| 1997 | 1.46 % change on previous year | -68.3% |
| 1998 | 26.15 % change on previous year | +1693.5% |
| 1999 | 0 % change on previous year | -100.0% |
| 2000 | 10.73 % change on previous year | — |
| 2001 | 6.93 % change on previous year | -35.4% |
| 2002 | 23.31 % change on previous year | +236.3% |
| 2003 | 13.42 % change on previous year | -42.4% |
| 2004 | -175.85 % change on previous year | -1410.0% |
| 2005 | 5.86 % change on previous year | -103.3% |
| 2006 | 45.83 % change on previous year | +681.7% |
| 2007 | 20.33 % change on previous year | -55.6% |
| 2008 | -119.3 % change on previous year | -686.7% |
| 2009 | -31.21 % change on previous year | -73.8% |
| 2010 | 23.11 % change on previous year | -174.0% |
| 2011 | -81.16 % change on previous year | -451.2% |
| 2012 | -50.33 % change on previous year | -38.0% |
| 2013 | 8.04 % change on previous year | -116.0% |
| 2014 | -116.09 % change on previous year | -1543.8% |
| 2015 | -18.98 % change on previous year | -83.6% |
| 2016 | 44.23 % change on previous year | -333.0% |
| 2017 | 29.57 % change on previous year | -33.2% |
| 2018 | -14.19 % change on previous year | -148.0% |
| 2019 | 48.62 % change on previous year | -442.7% |
| 2020 | 259.78 % change on previous year | +434.4% |
| 2021 | 90.66 % change on previous year | -65.1% |
| 2022 | -32.78 % change on previous year | -136.2% |
| 2023 | -24.41 % change on previous year | -25.5% |
| 2024 | 0.289 % change on previous year | -101.2% |
Laos compared with similar countries
- Laos's 0.289 % change on previous year is above the median for lower middle income countries, which is -1.23 % change on previous year. (47 countries reporting)
- Laos's 0.289 % change on previous year is below the median for East Asia & Pacific, which is 2.55 % change on previous year, 11% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods (BoP, current US$), annual growth rate in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +1693.5% | 1.46 % change on previous year | 26.15 % change on previous year |
| 2014 | -1543.8% | 8.04 % change on previous year | -116.09 % change on previous year |
| 2004 | -1410.0% | 13.42 % change on previous year | -175.85 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -6.16 % change on previous year | -42.47 % change on previous year | 39.7 % change on previous year | 5 |
| 1990s | -18.06 % change on previous year | -205.19 % change on previous year | 42.94 % change on previous year | 10 |
| 2000s | -19.99 % change on previous year | -175.85 % change on previous year | 45.83 % change on previous year | 10 |
| 2010s | -12.72 % change on previous year | -116.09 % change on previous year | 48.62 % change on previous year | 10 |
| 2020s | 58.71 % change on previous year | -32.78 % change on previous year | 259.78 % change on previous year | 5 |
Countries ranked near Laos
- 72 Rwanda 1.03 % change on previous year compare
- 73 Serbia 0.9204 % change on previous year compare
- 74 Israel 0.7824 % change on previous year compare
- 76 Tonga -0.1632 % change on previous year compare
- 77 France -0.7655 % change on previous year compare
- 78 Italy -0.865 % change on previous year compare
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is net trade in goods (bop, current us$), annual growth rate in Laos?
- Net trade in goods (bop, current us$), annual growth rate in Laos was 0.289 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods (bop, current us$), annual growth rate recorded in Laos?
- The highest recorded value was 259.78 % change on previous year in 2020.
- What is the lowest net trade in goods (bop, current us$), annual growth rate recorded in Laos?
- The lowest recorded value was -205.19 % change on previous year in 1993.
- How does Laos rank for net trade in goods (bop, current us$), annual growth rate?
- Laos ranks 75th out of 199 countries with data for 2024.
- Is net trade in goods (bop, current us$), annual growth rate rising or falling in Laos?
- Over the last ten years it is up 100.2%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.