Service exports (BoP, current US$), per unit of GDP in Laos
Laos: Service exports (BoP, current US$), per unit of GDP was 0.1049 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service exports (BoP, current US$), per unit of GDP in Laos, 1984–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
The most recent figure for service exports (bop, current us$), per unit of gdp in Laos is 0.1049 BoP, current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 25.3% on the previous year and up 82.3% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Laos peaked at 0.2294 BoP, current US$ per US$ of GDP in 1998 and was at its lowest, 0.0067 BoP, current US$ per US$ of GDP, in 2021.
That places Laos 93rd out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports (BoP, current US$), per unit of GDP in Laos, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0086 BoP, current US$ per US$ of GDP | — |
| 1985 | 0.009 BoP, current US$ per US$ of GDP | +4.7% |
| 1986 | 0.0137 BoP, current US$ per US$ of GDP | +52.6% |
| 1987 | 0.0242 BoP, current US$ per US$ of GDP | +76.1% |
| 1988 | 0.0297 BoP, current US$ per US$ of GDP | +22.9% |
| 1989 | 0.0315 BoP, current US$ per US$ of GDP | +6.0% |
| 1990 | 0.0274 BoP, current US$ per US$ of GDP | -13.1% |
| 1991 | 0.0368 BoP, current US$ per US$ of GDP | +34.3% |
| 1992 | 0.0168 BoP, current US$ per US$ of GDP | -54.2% |
| 1993 | 0.0844 BoP, current US$ per US$ of GDP | +401.2% |
| 1994 | 0.0728 BoP, current US$ per US$ of GDP | -13.8% |
| 1995 | 0.0633 BoP, current US$ per US$ of GDP | -13.1% |
| 1996 | 0.0528 BoP, current US$ per US$ of GDP | -16.5% |
| 1997 | 0.133 BoP, current US$ per US$ of GDP | +151.7% |
| 1998 | 0.2294 BoP, current US$ per US$ of GDP | +72.5% |
| 1999 | 0.1526 BoP, current US$ per US$ of GDP | -33.5% |
| 2000 | 0.1015 BoP, current US$ per US$ of GDP | -33.5% |
| 2001 | 0.0939 BoP, current US$ per US$ of GDP | -7.5% |
| 2002 | 0.1002 BoP, current US$ per US$ of GDP | +6.7% |
| 2003 | 0.063 BoP, current US$ per US$ of GDP | -37.2% |
| 2004 | 0.0755 BoP, current US$ per US$ of GDP | +20.0% |
| 2005 | 0.0747 BoP, current US$ per US$ of GDP | -1.2% |
| 2006 | 0.0647 BoP, current US$ per US$ of GDP | -13.4% |
| 2007 | 0.0659 BoP, current US$ per US$ of GDP | +1.8% |
| 2008 | 0.0737 BoP, current US$ per US$ of GDP | +12.0% |
| 2009 | 0.0681 BoP, current US$ per US$ of GDP | -7.7% |
| 2010 | 0.0717 BoP, current US$ per US$ of GDP | +5.3% |
| 2011 | 0.0628 BoP, current US$ per US$ of GDP | -12.3% |
| 2012 | 0.0631 BoP, current US$ per US$ of GDP | +0.5% |
| 2013 | 0.0651 BoP, current US$ per US$ of GDP | +3.2% |
| 2014 | 0.0576 BoP, current US$ per US$ of GDP | -11.6% |
| 2015 | 0.0585 BoP, current US$ per US$ of GDP | +1.6% |
| 2016 | 0.0525 BoP, current US$ per US$ of GDP | -10.4% |
| 2017 | 0.0457 BoP, current US$ per US$ of GDP | -12.8% |
| 2018 | 0.0543 BoP, current US$ per US$ of GDP | +18.8% |
| 2019 | 0.0629 BoP, current US$ per US$ of GDP | +15.9% |
| 2020 | 0.0183 BoP, current US$ per US$ of GDP | -71.0% |
| 2021 | 0.0067 BoP, current US$ per US$ of GDP | -63.5% |
| 2022 | 0.0263 BoP, current US$ per US$ of GDP | +294.4% |
| 2023 | 0.0838 BoP, current US$ per US$ of GDP | +219.1% |
| 2024 | 0.1049 BoP, current US$ per US$ of GDP | +25.3% |
Laos compared with similar countries
- Laos's 0.1049 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 1.7× the median. (47 countries reporting)
- Laos's 0.1049 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.089 BoP, current US$ per US$ of GDP, 1.2× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +401.2% | 0.0168 BoP, current US$ per US$ of GDP | 0.0844 BoP, current US$ per US$ of GDP |
| 2022 | +294.4% | 0.0067 BoP, current US$ per US$ of GDP | 0.0263 BoP, current US$ per US$ of GDP |
| 2023 | +219.1% | 0.0263 BoP, current US$ per US$ of GDP | 0.0838 BoP, current US$ per US$ of GDP |
| 1997 | +151.7% | 0.0528 BoP, current US$ per US$ of GDP | 0.133 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0195 BoP, current US$ per US$ of GDP | 0.0086 BoP, current US$ per US$ of GDP | 0.0315 BoP, current US$ per US$ of GDP | 6 |
| 1990s | 0.0869 BoP, current US$ per US$ of GDP | 0.0168 BoP, current US$ per US$ of GDP | 0.2294 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0781 BoP, current US$ per US$ of GDP | 0.063 BoP, current US$ per US$ of GDP | 0.1015 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0594 BoP, current US$ per US$ of GDP | 0.0457 BoP, current US$ per US$ of GDP | 0.0717 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.048 BoP, current US$ per US$ of GDP | 0.0067 BoP, current US$ per US$ of GDP | 0.1049 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Laos
- 90 Qatar 0.113 BoP, current US$ per US$ of GDP compare
- 91 Sao Tome and Principe 0.1069 BoP, current US$ per US$ of GDP compare
- 92 Philippines 0.1057 BoP, current US$ per US$ of GDP compare
- 94 Cambodia 0.1044 BoP, current US$ per US$ of GDP compare
- 95 India 0.1042 BoP, current US$ per US$ of GDP compare
- 96 Germany 0.1026 BoP, current US$ per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Laos?
- Service exports (bop, current us$), per unit of gdp in Laos was 0.1049 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Laos?
- The highest recorded value was 0.2294 BoP, current US$ per US$ of GDP in 1998.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Laos?
- The lowest recorded value was 0.0067 BoP, current US$ per US$ of GDP in 2021.
- How does Laos rank for service exports (bop, current us$), per unit of gdp?
- Laos ranks 93rd out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Laos?
- Over the last ten years it is up 82.3%. 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 Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.