Service exports in Laos
Laos: Service exports was 1.73 billion BoP, current US$ in 2024. ◆ Volatile
Service exports in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Laos stood at 1.73 billion BoP, current US$. That is the highest value across all 41 years on record.
That represents a change of up 30.5% on the previous year and up 126.5% over ten years.
Over the whole period, service exports in Laos peaked at 1.73 billion BoP, current US$ in 2024 and was at its lowest, 15.10 million BoP, current US$, in 1984.
That places Laos 115th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 21.23 million BoP, current US$ | 15.10 million BoP, current US$ | 26.30 million BoP, current US$ | 6 |
| 1990s | 126.35 million BoP, current US$ | 19.00 million BoP, current US$ | 293.70 million BoP, current US$ | 10 |
| 2000s | 232.88 million BoP, current US$ | 127.41 million BoP, current US$ | 401.62 million BoP, current US$ | 10 |
| 2010s | 787.29 million BoP, current US$ | 510.99 million BoP, current US$ | 1.18 billion BoP, current US$ | 10 |
| 2020s | 787.42 million BoP, current US$ | 125.33 million BoP, current US$ | 1.73 billion BoP, current US$ | 5 |
Countries ranked near Laos
More economy & growth data for Laos
- External balance on goods and services as a percent of gdp -8.67 (2016)
- Inflation of consumer prices 7.74 (2025)
- Gdp per capita worldbank constant usd 2,807 (2025)
- Manufacturing value added to gdp 9.11 (2025)
- Gdp worldbank constant usd 22.10 billion (2025)
- Gdp per capita in international and market dollars 2,807 (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is service exports in Laos?
- Service exports in Laos was 1.73 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Laos?
- The highest recorded value was 1.73 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Laos?
- The lowest recorded value was 15.10 million BoP, current US$ in 1984.
- How does Laos rank for service exports?
- Laos ranks 115th out of 198 countries with data for 2024.
- Is service exports rising or falling in Laos?
- Over the last ten years it is up 126.5%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.