Personal remittances, paid (current US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Personal remittances, paid (current US$), per unit of GDP was 0.0086 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Lao People's Democratic Republic, 1992–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, paid (current us$), per unit of gdp in Lao People's Democratic Republic is 0.0086 current US$ per US$ of GDP, measured in 2024.
That represents a change of up 4.8% on the previous year and up 109.9% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Lao People's Democratic Republic peaked at 0.0096 current US$ per US$ of GDP in 2022 and was at its lowest, 0.0002 current US$ per US$ of GDP, in 1993.
Lao People's Democratic Republic ranks 92nd of 195 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.
Personal remittances, paid (current US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1992 | 0.0002 current US$ per US$ of GDP | — |
| 1993 | 0.0002 current US$ per US$ of GDP | -15.1% |
| 1994 | 0.0003 current US$ per US$ of GDP | +115.0% |
| 1995 | 0.0002 current US$ per US$ of GDP | -30.0% |
| 1996 | 0.0002 current US$ per US$ of GDP | -5.9% |
| 1997 | 0.0002 current US$ per US$ of GDP | +7.3% |
| 1998 | 0.0003 current US$ per US$ of GDP | +36.5% |
| 1999 | 0.0003 current US$ per US$ of GDP | -12.0% |
| 2000 | 0.0003 current US$ per US$ of GDP | -7.6% |
| 2001 | 0.0003 current US$ per US$ of GDP | +3.0% |
| 2002 | 0.0003 current US$ per US$ of GDP | +5.6% |
| 2003 | 0.0005 current US$ per US$ of GDP | +78.1% |
| 2004 | 0.0003 current US$ per US$ of GDP | -31.4% |
| 2005 | 0.0003 current US$ per US$ of GDP | -9.2% |
| 2006 | 0.0016 current US$ per US$ of GDP | +410.0% |
| 2007 | 0.0014 current US$ per US$ of GDP | -9.3% |
| 2008 | 0.0017 current US$ per US$ of GDP | +21.0% |
| 2009 | 0.0038 current US$ per US$ of GDP | +123.0% |
| 2010 | 0.0027 current US$ per US$ of GDP | -29.3% |
| 2011 | 0.0086 current US$ per US$ of GDP | +219.2% |
| 2012 | 0.0069 current US$ per US$ of GDP | -20.4% |
| 2013 | 0.0057 current US$ per US$ of GDP | -16.7% |
| 2014 | 0.0041 current US$ per US$ of GDP | -28.9% |
| 2015 | 0.003 current US$ per US$ of GDP | -26.4% |
| 2016 | 0.0025 current US$ per US$ of GDP | -17.4% |
| 2017 | 0.006 current US$ per US$ of GDP | +143.3% |
| 2018 | 0.0068 current US$ per US$ of GDP | +13.0% |
| 2019 | 0.0057 current US$ per US$ of GDP | -17.1% |
| 2020 | 0.0051 current US$ per US$ of GDP | -10.3% |
| 2021 | 0.0067 current US$ per US$ of GDP | +32.9% |
| 2022 | 0.0096 current US$ per US$ of GDP | +42.0% |
| 2023 | 0.0082 current US$ per US$ of GDP | -14.6% |
| 2024 | 0.0086 current US$ per US$ of GDP | +4.8% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 0.0086 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 1.6× the median. (47 countries reporting)
- Lao People's Democratic Republic's 0.0086 current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.0086 current US$ per US$ of GDP, 1.0× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +410.0% | 0.0003 current US$ per US$ of GDP | 0.0016 current US$ per US$ of GDP |
| 2011 | +219.2% | 0.0027 current US$ per US$ of GDP | 0.0086 current US$ per US$ of GDP |
| 2017 | +143.3% | 0.0025 current US$ per US$ of GDP | 0.006 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0002 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.0003 current US$ per US$ of GDP | 8 |
| 2000s | 0.001 current US$ per US$ of GDP | 0.0003 current US$ per US$ of GDP | 0.0038 current US$ per US$ of GDP | 10 |
| 2010s | 0.0052 current US$ per US$ of GDP | 0.0025 current US$ per US$ of GDP | 0.0086 current US$ per US$ of GDP | 10 |
| 2020s | 0.0076 current US$ per US$ of GDP | 0.0051 current US$ per US$ of GDP | 0.0096 current US$ per US$ of GDP | 5 |
Countries ranked near Lao People's Democratic Republic
- 89 Syrian Arab Republic 0.0086 current US$ per US$ of GDP compare
- 90 Mozambique 0.0086 current US$ per US$ of GDP compare
- 91 Tanzania, United Republic of 0.0086 current US$ per US$ of GDP compare
- 93 Azerbaijan 0.0085 current US$ per US$ of GDP compare
- 94 Gabon 0.0085 current US$ per US$ of GDP compare
- 95 Barbados 0.0083 current US$ 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Lao People's Democratic Republic?
- Personal remittances, paid (current us$), per unit of gdp in Lao People's Democratic Republic was 0.0086 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.0096 current US$ per US$ of GDP in 2022.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0002 current US$ per US$ of GDP in 1993.
- How does Lao People's Democratic Republic rank for personal remittances, paid (current us$), per unit of gdp?
- Lao People's Democratic Republic ranks 92nd out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 109.9%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.