Personal remittances, received (current US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Personal remittances, received (current US$), per unit of GDP was 0.0149 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Lao People's Democratic Republic, 1984–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, personal remittances, received (current us$), per unit of gdp in Lao People's Democratic Republic stood at 0.0149 current US$ per US$ of GDP.
Compared with earlier readings it is down 17.6% on the previous year and up 5.5% over ten years.
Over the whole period, personal remittances, received (current us$), per unit of gdp in Lao People's Democratic Republic peaked at 0.0199 current US$ per US$ of GDP in 2012 and was at its lowest, 0.0002 current US$ per US$ of GDP, in 1995.
Lao People's Democratic Republic ranks 114th of 196 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, received (current US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0016 current US$ per US$ of GDP | — |
| 1985 | 0.0015 current US$ per US$ of GDP | -7.2% |
| 1986 | 0.0021 current US$ per US$ of GDP | +40.8% |
| 1987 | 0.0032 current US$ per US$ of GDP | +54.6% |
| 1988 | 0.0112 current US$ per US$ of GDP | +247.5% |
| 1989 | 0.0116 current US$ per US$ of GDP | +3.9% |
| 1990 | 0.0126 current US$ per US$ of GDP | +8.3% |
| 1991 | 0.0101 current US$ per US$ of GDP | -19.7% |
| 1992 | 0.0096 current US$ per US$ of GDP | -5.3% |
| 1993 | 0.0091 current US$ per US$ of GDP | -4.8% |
| 1994 | 0.0065 current US$ per US$ of GDP | -28.9% |
| 1995 | 0.0002 current US$ per US$ of GDP | -96.5% |
| 1996 | 0.0003 current US$ per US$ of GDP | +17.7% |
| 1997 | 0.0003 current US$ per US$ of GDP | +7.2% |
| 1998 | 0.0005 current US$ per US$ of GDP | +63.8% |
| 1999 | 0.0004 current US$ per US$ of GDP | -12.0% |
| 2000 | 0.0004 current US$ per US$ of GDP | -7.6% |
| 2001 | 0.0004 current US$ per US$ of GDP | +3.0% |
| 2002 | 0.0004 current US$ per US$ of GDP | +5.6% |
| 2003 | 0.0004 current US$ per US$ of GDP | -8.8% |
| 2004 | 0.0003 current US$ per US$ of GDP | -10.2% |
| 2005 | 0.0003 current US$ per US$ of GDP | -10.7% |
| 2006 | 0.0012 current US$ per US$ of GDP | +304.2% |
| 2007 | 0.0015 current US$ per US$ of GDP | +19.8% |
| 2008 | 0.0033 current US$ per US$ of GDP | +122.2% |
| 2009 | 0.0064 current US$ per US$ of GDP | +97.3% |
| 2010 | 0.0059 current US$ per US$ of GDP | -9.0% |
| 2011 | 0.0126 current US$ per US$ of GDP | +115.2% |
| 2012 | 0.0199 current US$ per US$ of GDP | +58.0% |
| 2013 | 0.0142 current US$ per US$ of GDP | -28.6% |
| 2014 | 0.0142 current US$ per US$ of GDP | -0.4% |
| 2015 | 0.0131 current US$ per US$ of GDP | -7.4% |
| 2016 | 0.0119 current US$ per US$ of GDP | -9.3% |
| 2017 | 0.0142 current US$ per US$ of GDP | +19.5% |
| 2018 | 0.0132 current US$ per US$ of GDP | -7.0% |
| 2019 | 0.0158 current US$ per US$ of GDP | +19.7% |
| 2020 | 0.0122 current US$ per US$ of GDP | -22.7% |
| 2021 | 0.0117 current US$ per US$ of GDP | -4.7% |
| 2022 | 0.0155 current US$ per US$ of GDP | +32.9% |
| 2023 | 0.0181 current US$ per US$ of GDP | +17.0% |
| 2024 | 0.0149 current US$ per US$ of GDP | -17.6% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 0.0149 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0601 current US$ per US$ of GDP, 25% of the median. (47 countries reporting)
- Lao People's Democratic Republic's 0.0149 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.034 current US$ per US$ of GDP, 44% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per unit of GDP in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +304.2% | 0.0003 current US$ per US$ of GDP | 0.0012 current US$ per US$ of GDP |
| 1988 | +247.5% | 0.0032 current US$ per US$ of GDP | 0.0112 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0052 current US$ per US$ of GDP | 0.0015 current US$ per US$ of GDP | 0.0116 current US$ per US$ of GDP | 6 |
| 1990s | 0.005 current US$ per US$ of GDP | 0.0002 current US$ per US$ of GDP | 0.0126 current US$ per US$ of GDP | 10 |
| 2000s | 0.0015 current US$ per US$ of GDP | 0.0003 current US$ per US$ of GDP | 0.0064 current US$ per US$ of GDP | 10 |
| 2010s | 0.0135 current US$ per US$ of GDP | 0.0059 current US$ per US$ of GDP | 0.0199 current US$ per US$ of GDP | 10 |
| 2020s | 0.0145 current US$ per US$ of GDP | 0.0117 current US$ per US$ of GDP | 0.0181 current US$ per US$ of GDP | 5 |
Countries ranked near Lao People's Democratic Republic
- 111 Benin 0.0172 current US$ per US$ of GDP compare
- 112 Malawi 0.0165 current US$ per US$ of GDP compare
- 113 Peru 0.0158 current US$ per US$ of GDP compare
- 115 Barbados 0.0146 current US$ per US$ of GDP compare
- 116 Lithuania 0.0144 current US$ per US$ of GDP compare
- 117 Tanzania, United Republic of 0.0142 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received (current us$), per unit of gdp in Lao People's Democratic Republic?
- Personal remittances, received (current us$), per unit of gdp in Lao People's Democratic Republic was 0.0149 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.0199 current US$ per US$ of GDP in 2012.
- What is the lowest personal remittances, received (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 1995.
- How does Lao People's Democratic Republic rank for personal remittances, received (current us$), per unit of gdp?
- Lao People's Democratic Republic ranks 114th out of 196 countries with data for 2024.
- Is personal remittances, received (current us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 5.5%. 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, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.