Services, value added (constant 2015 US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Services, value added (constant 2015 US$), annual growth rate was 4.62 % change on previous year in 2025. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, 2013–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 4.62 % change on previous year for services, value added (constant 2015 us$), annual growth rate in 2025.
Compared with earlier readings it is down 7.3% on the previous year and down 42.4% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Lao People's Democratic Republic peaked at 9.73 % change on previous year in 2013 and was at its lowest, -3.51 % change on previous year, in 2020.
Lao People's Democratic Republic ranks 60th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2013 | 9.73 % change on previous year | — |
| 2014 | 8.11 % change on previous year | -16.7% |
| 2015 | 8.02 % change on previous year | -1.2% |
| 2016 | 4.65 % change on previous year | -42.0% |
| 2017 | 4.51 % change on previous year | -3.0% |
| 2018 | 6.79 % change on previous year | +50.4% |
| 2019 | 6.86 % change on previous year | +1.1% |
| 2020 | -3.51 % change on previous year | -151.2% |
| 2021 | -2.09 % change on previous year | -40.5% |
| 2022 | 2.46 % change on previous year | -217.5% |
| 2023 | 5.48 % change on previous year | +122.9% |
| 2024 | 4.98 % change on previous year | -9.1% |
| 2025 | 4.62 % change on previous year | -7.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.95 % change on previous year | 4.51 % change on previous year | 9.73 % change on previous year | 7 |
| 2020s | 1.99 % change on previous year | -3.51 % change on previous year | 5.48 % change on previous year | 6 |
Countries ranked near Lao People's Democratic Republic
- 57 Nicaragua 4.66 % change on previous year compare
- 58 Djibouti 4.64 % change on previous year compare
- 59 Guatemala 4.63 % change on previous year compare
- 61 Syria 4.61 % change on previous year compare
- 62 Egypt 4.57 % change on previous year compare
- 63 Mauritania 4.56 % change on previous year compare
More economy & growth data for Lao People's Democratic Republic
- 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)
- 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)
- Services, value added (current US$), per capita 1,013 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 12.51 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 8,907 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 20.71 million current LCU per person (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4872 constant 2015 US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 1,133 constant 2015 US$ per person (2025)
Frequently asked questions
- What is services, value added (constant 2015 us$), annual growth rate in Lao People's Democratic Republic?
- Services, value added (constant 2015 us$), annual growth rate in Lao People's Democratic Republic was 4.62 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 9.73 % change on previous year in 2013.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -3.51 % change on previous year in 2020.
- How does Lao People's Democratic Republic rank for services, value added (constant 2015 us$), annual growth rate?
- Lao People's Democratic Republic ranks 60th out of 195 countries with data for 2025.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 42.4%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.