Share of products from least-developed countries that have no tariff in Laos
Laos: Share of products from least-developed countries that have no tariff was 69.9% in 2024. ▼ Falling
Share of products from least-developed countries that have no tariff in Laos, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
In 2024, share of products from least-developed countries that have no tariff in Laos stood at 69.9%. That is the lowest value across all 12 years on record.
That represents a change of down 0.5% on the previous year and down 16.1% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Laos peaked at 83.3% in 2015 and was at its lowest, 69.9%, in 2024.
Laos ranks 79th of 230 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Laos, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 72.8% | — |
| 2010 | 80.1% | +10.0% |
| 2015 | 83.3% | +4.1% |
| 2016 | 78.0% | -6.4% |
| 2017 | 76.7% | -1.7% |
| 2018 | 78.0% | +1.7% |
| 2019 | 76.6% | -1.8% |
| 2020 | 75.3% | -1.7% |
| 2021 | 74.8% | -0.7% |
| 2022 | 72.0% | -3.8% |
| 2023 | 70.2% | -2.4% |
| 2024 | 69.9% | -0.5% |
Laos compared with similar countries
- Laos's 69.9% is above the median for lower middle income countries, which is 68.1%, 1.0× the median. (47 countries reporting)
- Laos's 69.9% is above the median for East Asia & Pacific, which is 62.5%, 1.1× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.8% | 72.8% | 72.8% | 1 |
| 2010s | 78.8% | 76.6% | 83.3% | 6 |
| 2020s | 72.4% | 69.9% | 75.3% | 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 share of products from least-developed countries that have no tariff in Laos?
- Share of products from least-developed countries that have no tariff in Laos was 69.9% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Laos?
- The highest recorded value was 83.3% in 2015.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Laos?
- The lowest recorded value was 69.9% in 2024.
- How does Laos rank for share of products from least-developed countries that have no tariff?
- Laos ranks 79th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Laos?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).