Service imports in Laos
Laos: Service imports was 1.27 billion BoP, current US$ in 2024. ◆ Volatile
Service imports in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Laos recorded 1.27 billion BoP, current US$ for service imports in 2024. That is the highest value across all 41 years on record.
That represents a change of up 33.8% on the previous year and up 10.2% over ten years.
Over the whole period, service imports in Laos peaked at 1.27 billion BoP, current US$ in 2024 and was at its lowest, 25.80 million BoP, current US$, in 1989.
Laos ranks 142nd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.47 million BoP, current US$ | 25.80 million BoP, current US$ | 57.50 million BoP, current US$ | 6 |
| 1990s | 111.29 million BoP, current US$ | 26.40 million BoP, current US$ | 209.10 million BoP, current US$ | 10 |
| 2000s | 52.54 million BoP, current US$ | 28.37 million BoP, current US$ | 135.63 million BoP, current US$ | 10 |
| 2010s | 925.26 million BoP, current US$ | 263.12 million BoP, current US$ | 1.25 billion BoP, current US$ | 10 |
| 2020s | 730.03 million BoP, current US$ | 252.06 million BoP, current US$ | 1.27 billion BoP, current US$ | 5 |
Countries ranked near Laos
- 139 Nicaragua 1.31 billion BoP, current US$ compare
- 140 Botswana 1.29 billion BoP, current US$ compare
- 141 Madagascar 1.27 billion BoP, current US$ compare
- 143 Montenegro 1.24 billion BoP, current US$ compare
- 144 Aruba 1.18 billion BoP, current US$ compare
- 145 Tajikistan 1.14 billion BoP, current US$ compare
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (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 imports in Laos?
- Service imports in Laos was 1.27 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 imports recorded in Laos?
- The highest recorded value was 1.27 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Laos?
- The lowest recorded value was 25.80 million BoP, current US$ in 1989.
- How does Laos rank for service imports?
- Laos ranks 142nd out of 198 countries with data for 2024.
- Is service imports rising or falling in Laos?
- Over the last ten years it is up 10.2%. 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 imports (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
Imports of services are services provided by non-residents to 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.