Share of service in total exports in Lao People's Democratic Republic
Lao People's Democratic Republic: Share of service in total exports was 9.39 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
9.39 billion BoP, current US$
Change on year
up 12.1%
World rank
102nd
of 198 countries
All-time high
9.39 billion BoP, current US$
in 2024
All-time low
43.80 million BoP, current US$
in 1984
Years of data
41
1984–2024
Share of service in total exports in Lao People's Democratic Republic, 1984–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
In 2024, share of service in total exports in Lao People's Democratic Republic stood at 9.39 billion BoP, current US$. 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 Lao People's Democratic Republic peaked at 9.39 billion BoP, current US$ in 2024 and was at its lowest, 43.80 million BoP, current US$, in 1984.
That places Lao People's Democratic Republic 102nd out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Lao People's Democratic Republic, year by year
| Year | BoP, current US$ | 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% |
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 Lao People's Democratic Republic
- 99 Georgia 9.63 billion BoP, current US$ compare
- 100 Bolivia, Plurinational State of 9.56 billion BoP, current US$ compare
- 101 Bosnia and Herzegovina 9.50 billion BoP, current US$ compare
- 103 Tanzania, United Republic of 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 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)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2917 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 678.12 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 12.91 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5,963 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 13.86 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
Frequently asked questions
- What is share of service in total exports in Lao People's Democratic Republic?
- Share of service in total exports in Lao People's Democratic Republic was 9.39 billion BoP, current US$ 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 Lao People's Democratic Republic?
- 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 Lao People's Democratic Republic?
- The lowest recorded value was 43.80 million BoP, current US$ in 1984.
- How does Lao People's Democratic Republic rank for share of service in total exports?
- Lao People's Democratic Republic ranks 102nd out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 186.5%. 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 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.