Share of service in total exports in Laos
Laos: Share of service in total exports was 9.39 billion BoP, current US$ in 2024. ◆ Volatile
Share of service in total exports in Laos, 1984–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
In 2024, share of service in total exports in Laos stood at 9.39 billion BoP, current US$. That is the highest value across all 41 years on record.
The figure is up 12.1% on the previous year and up 186.5% over ten years.
Over the whole period, share of service in total exports in Laos peaked at 9.39 billion BoP, current US$ in 2024 and was at its lowest, 43.80 million BoP, current US$, in 1984.
That places Laos 102nd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Laos, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1984 | 43.80 million BoP, current US$ | — |
| 1985 | 53.60 million BoP, current US$ | +22.4% |
| 1986 | 55.00 million BoP, current US$ | +2.6% |
| 1987 | 64.30 million BoP, current US$ | +16.9% |
| 1988 | 57.80 million BoP, current US$ | -10.1% |
| 1989 | 63.30 million BoP, current US$ | +9.5% |
| 1990 | 78.70 million BoP, current US$ | +24.3% |
| 1991 | 96.60 million BoP, current US$ | +22.7% |
| 1992 | 132.60 million BoP, current US$ | +37.3% |
| 1993 | 162.90 million BoP, current US$ | +22.9% |
| 1994 | 201.10 million BoP, current US$ | +23.4% |
| 1995 | 216.50 million BoP, current US$ | +7.7% |
| 1996 | 246.20 million BoP, current US$ | +13.7% |
| 1997 | 188.60 million BoP, current US$ | -23.4% |
| 1998 | 187.60 million BoP, current US$ | -0.5% |
| 1999 | 162.80 million BoP, current US$ | -13.2% |
| 2000 | 330.31 million BoP, current US$ | +102.9% |
| 2001 | 319.52 million BoP, current US$ | -3.3% |
| 2002 | 300.62 million BoP, current US$ | -5.9% |
| 2003 | 335.47 million BoP, current US$ | +11.6% |
| 2004 | 363.35 million BoP, current US$ | +8.3% |
| 2005 | 553.08 million BoP, current US$ | +52.2% |
| 2006 | 882.03 million BoP, current US$ | +59.5% |
| 2007 | 922.69 million BoP, current US$ | +4.6% |
| 2008 | 1.09 billion BoP, current US$ | +18.3% |
| 2009 | 1.05 billion BoP, current US$ | -3.6% |
| 2010 | 1.75 billion BoP, current US$ | +65.9% |
| 2011 | 1.85 billion BoP, current US$ | +6.2% |
| 2012 | 2.19 billion BoP, current US$ | +18.2% |
| 2013 | 2.26 billion BoP, current US$ | +3.3% |
| 2014 | 3.28 billion BoP, current US$ | +44.7% |
| 2015 | 3.65 billion BoP, current US$ | +11.5% |
| 2016 | 4.24 billion BoP, current US$ | +16.2% |
| 2017 | 4.87 billion BoP, current US$ | +14.8% |
| 2018 | 5.41 billion BoP, current US$ | +11.0% |
| 2019 | 5.81 billion BoP, current US$ | +7.4% |
| 2020 | 6.11 billion BoP, current US$ | +5.3% |
| 2021 | 7.69 billion BoP, current US$ | +25.8% |
| 2022 | 8.20 billion BoP, current US$ | +6.5% |
| 2023 | 8.37 billion BoP, current US$ | +2.1% |
| 2024 | 9.39 billion BoP, current US$ | +12.1% |
Laos compared with similar countries
- Laos's 9.39 billion BoP, current US$ is above the median for lower middle income countries, which is 6.88 billion BoP, current US$, 1.4× the median. (47 countries reporting)
- Laos's 9.39 billion BoP, current US$ is below the median for East Asia & Pacific, which is 10.29 billion BoP, current US$, 91% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Share of service in total exports in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +102.9% | 162.80 million BoP, current US$ | 330.31 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 56.30 million BoP, current US$ | 43.80 million BoP, current US$ | 64.30 million BoP, current US$ | 6 |
| 1990s | 167.36 million BoP, current US$ | 78.70 million BoP, current US$ | 246.20 million BoP, current US$ | 10 |
| 2000s | 615.16 million BoP, current US$ | 300.62 million BoP, current US$ | 1.09 billion BoP, current US$ | 10 |
| 2010s | 3.53 billion BoP, current US$ | 1.75 billion BoP, current US$ | 5.81 billion BoP, current US$ | 10 |
| 2020s | 7.95 billion BoP, current US$ | 6.11 billion BoP, current US$ | 9.39 billion BoP, current US$ | 5 |
Countries ranked near Laos
- 99 Georgia 9.63 billion BoP, current US$ compare
- 100 Bolivia 9.56 billion BoP, current US$ compare
- 101 Bosnia and Herzegovina 9.50 billion BoP, current US$ compare
- 103 Tanzania 9.12 billion BoP, current US$ compare
- 104 Tunisia 8.95 billion BoP, current US$ compare
- 105 Uganda 8.67 billion BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Laos?
- Share of service in total exports in Laos was 9.39 billion BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Laos?
- The highest recorded value was 9.39 billion BoP, current US$ in 2024.
- What is the lowest share of service in total exports recorded in Laos?
- The lowest recorded value was 43.80 million BoP, current US$ in 1984.
- How does Laos rank for share of service in total exports?
- Laos ranks 102nd out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Laos?
- Over the last ten years it is up 186.5%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.