Trade in services as share of GDP in Laos
Laos: Trade in services as share of GDP was 18.2% in 2024. ◆ Volatile
Trade in services as share of GDP in Laos, 1984–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Laos recorded 18.2% for trade in services as share of gdp in 2024.
That represents a change of up 26.6% on the previous year and up 26.0% over ten years.
Over the whole period, trade in services as share of gdp in Laos peaked at 36.9% in 1998 and was at its lowest, 2.0%, in 2021.
Laos ranks 111th of 198 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.
Trade in services as share of GDP in Laos, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 4.1% | — |
| 1985 | 2.7% | -34.3% |
| 1986 | 3.3% | +20.7% |
| 1987 | 5.9% | +80.8% |
| 1988 | 7.4% | +25.4% |
| 1989 | 6.8% | -9.0% |
| 1990 | 5.8% | -14.4% |
| 1991 | 8.3% | +43.5% |
| 1992 | 8.0% | -3.6% |
| 1993 | 14.2% | +76.8% |
| 1994 | 17.1% | +21.0% |
| 1995 | 13.2% | -22.8% |
| 1996 | 12.0% | -9.2% |
| 1997 | 25.3% | +110.4% |
| 1998 | 36.9% | +46.2% |
| 1999 | 22.4% | -39.4% |
| 2000 | 12.6% | -43.6% |
| 2001 | 11.1% | -12.2% |
| 2002 | 11.7% | +5.1% |
| 2003 | 7.7% | -34.0% |
| 2004 | 8.9% | +15.3% |
| 2005 | 8.9% | +0.1% |
| 2006 | 7.6% | -15.1% |
| 2007 | 7.6% | +1.0% |
| 2008 | 9.4% | +22.7% |
| 2009 | 9.1% | -2.4% |
| 2010 | 10.9% | +18.9% |
| 2011 | 10.1% | -7.3% |
| 2012 | 13.6% | +34.8% |
| 2013 | 15.3% | +13.1% |
| 2014 | 14.4% | -6.0% |
| 2015 | 13.3% | -7.6% |
| 2016 | 11.7% | -12.4% |
| 2017 | 11.1% | -4.8% |
| 2018 | 12.3% | +10.9% |
| 2019 | 12.9% | +5.1% |
| 2020 | 4.2% | -67.8% |
| 2021 | 2.0% | -52.0% |
| 2022 | 7.4% | +269.1% |
| 2023 | 14.4% | +94.0% |
| 2024 | 18.2% | +26.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.0% | 2.7% | 7.4% | 6 |
| 1990s | 16.3% | 5.8% | 36.9% | 10 |
| 2000s | 9.5% | 7.6% | 12.6% | 10 |
| 2010s | 12.6% | 10.1% | 15.3% | 10 |
| 2020s | 9.2% | 2.0% | 18.2% | 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)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.4007 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 931.46 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.83 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 3,283 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 7.63 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4357 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in services as share of gdp in Laos?
- Trade in services as share of gdp in Laos was 18.2% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Laos?
- The highest recorded value was 36.9% in 1998.
- What is the lowest trade in services as share of gdp recorded in Laos?
- The lowest recorded value was 2.0% in 2021.
- How does Laos rank for trade in services as share of gdp?
- Laos ranks 111th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Laos?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).