Service imports (BoP, current US$), per unit of GDP in Laos
Laos: Service imports (BoP, current US$), per unit of GDP was 0.0768 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Service imports (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 imports (bop, current us$), per unit of gdp in Laos is 0.0768 BoP, current US$ per US$ of GDP, measured in 2024.
The figure is up 28.4% on the previous year and down 11.4% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Laos peaked at 0.1401 BoP, current US$ per US$ of GDP in 1998 and was at its lowest, 0.0104 BoP, current US$ per US$ of GDP, in 2007.
That places Laos 131st 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 imports (BoP, current US$), per unit of GDP in Laos, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0327 BoP, current US$ per US$ of GDP | — |
| 1985 | 0.0181 BoP, current US$ per US$ of GDP | -44.6% |
| 1986 | 0.019 BoP, current US$ per US$ of GDP | +4.9% |
| 1987 | 0.035 BoP, current US$ per US$ of GDP | +84.2% |
| 1988 | 0.0446 BoP, current US$ per US$ of GDP | +27.2% |
| 1989 | 0.0361 BoP, current US$ per US$ of GDP | -18.9% |
| 1990 | 0.0305 BoP, current US$ per US$ of GDP | -15.6% |
| 1991 | 0.0463 BoP, current US$ per US$ of GDP | +51.8% |
| 1992 | 0.0632 BoP, current US$ per US$ of GDP | +36.5% |
| 1993 | 0.0572 BoP, current US$ per US$ of GDP | -9.6% |
| 1994 | 0.0985 BoP, current US$ per US$ of GDP | +72.4% |
| 1995 | 0.069 BoP, current US$ per US$ of GDP | -30.0% |
| 1996 | 0.0672 BoP, current US$ per US$ of GDP | -2.5% |
| 1997 | 0.1197 BoP, current US$ per US$ of GDP | +78.0% |
| 1998 | 0.1401 BoP, current US$ per US$ of GDP | +17.0% |
| 1999 | 0.0712 BoP, current US$ per US$ of GDP | -49.1% |
| 2000 | 0.0249 BoP, current US$ per US$ of GDP | -65.1% |
| 2001 | 0.017 BoP, current US$ per US$ of GDP | -31.6% |
| 2002 | 0.0164 BoP, current US$ per US$ of GDP | -3.8% |
| 2003 | 0.014 BoP, current US$ per US$ of GDP | -14.3% |
| 2004 | 0.0133 BoP, current US$ per US$ of GDP | -5.4% |
| 2005 | 0.0142 BoP, current US$ per US$ of GDP | +7.4% |
| 2006 | 0.0108 BoP, current US$ per US$ of GDP | -23.9% |
| 2007 | 0.0104 BoP, current US$ per US$ of GDP | -4.2% |
| 2008 | 0.0198 BoP, current US$ per US$ of GDP | +90.9% |
| 2009 | 0.0232 BoP, current US$ per US$ of GDP | +17.3% |
| 2010 | 0.0369 BoP, current US$ per US$ of GDP | +58.8% |
| 2011 | 0.0378 BoP, current US$ per US$ of GDP | +2.4% |
| 2012 | 0.0725 BoP, current US$ per US$ of GDP | +91.7% |
| 2013 | 0.0882 BoP, current US$ per US$ of GDP | +21.7% |
| 2014 | 0.0866 BoP, current US$ per US$ of GDP | -1.8% |
| 2015 | 0.0748 BoP, current US$ per US$ of GDP | -13.7% |
| 2016 | 0.0643 BoP, current US$ per US$ of GDP | -14.1% |
| 2017 | 0.0654 BoP, current US$ per US$ of GDP | +1.8% |
| 2018 | 0.0689 BoP, current US$ per US$ of GDP | +5.3% |
| 2019 | 0.0665 BoP, current US$ per US$ of GDP | -3.4% |
| 2020 | 0.0235 BoP, current US$ per US$ of GDP | -64.7% |
| 2021 | 0.0134 BoP, current US$ per US$ of GDP | -43.0% |
| 2022 | 0.0477 BoP, current US$ per US$ of GDP | +256.5% |
| 2023 | 0.0598 BoP, current US$ per US$ of GDP | +25.3% |
| 2024 | 0.0768 BoP, current US$ per US$ of GDP | +28.4% |
Laos compared with similar countries
- Laos's 0.0768 BoP, current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.0787 BoP, current US$ per US$ of GDP, 98% of the median. (47 countries reporting)
- Laos's 0.0768 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.1335 BoP, current US$ per US$ of GDP, 58% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service imports (BoP, current US$), per unit of GDP in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +256.5% | 0.0134 BoP, current US$ per US$ of GDP | 0.0477 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0309 BoP, current US$ per US$ of GDP | 0.0181 BoP, current US$ per US$ of GDP | 0.0446 BoP, current US$ per US$ of GDP | 6 |
| 1990s | 0.0763 BoP, current US$ per US$ of GDP | 0.0305 BoP, current US$ per US$ of GDP | 0.1401 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0164 BoP, current US$ per US$ of GDP | 0.0104 BoP, current US$ per US$ of GDP | 0.0249 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.0662 BoP, current US$ per US$ of GDP | 0.0369 BoP, current US$ per US$ of GDP | 0.0882 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0442 BoP, current US$ per US$ of GDP | 0.0134 BoP, current US$ per US$ of GDP | 0.0768 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Laos
- 128 Benin 0.0783 BoP, current US$ per US$ of GDP compare
- 129 Papua New Guinea 0.0778 BoP, current US$ per US$ of GDP compare
- 130 New Zealand 0.0768 BoP, current US$ per US$ of GDP compare
- 132 Tunisia 0.0762 BoP, current US$ per US$ of GDP compare
- 133 Cote d'Ivoire 0.0761 BoP, current US$ per US$ of GDP compare
- 134 Vietnam 0.0747 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is service imports (bop, current us$), per unit of gdp in Laos?
- Service imports (bop, current us$), per unit of gdp in Laos was 0.0768 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Laos?
- The highest recorded value was 0.1401 BoP, current US$ per US$ of GDP in 1998.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Laos?
- The lowest recorded value was 0.0104 BoP, current US$ per US$ of GDP in 2007.
- How does Laos rank for service imports (bop, current us$), per unit of gdp?
- Laos ranks 131st out of 199 countries with data for 2024.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 11.4%. 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 imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.