Taxes on goods and services gdp in Lao People's Democratic Republic
Lao People's Democratic Republic: Taxes on goods and services gdp was 5.64 in 2022. ▲ Rising
Taxes on goods and services gdp in Lao People's Democratic Republic, 1994–2022
Source: Our World in Data.
Analysis
The most recent figure for taxes on goods and services gdp in Lao People's Democratic Republic is 5.64, measured in 2022.
Compared with earlier readings it is up 2.1% on the previous year and down 10.9% over ten years.
Over the whole period, taxes on goods and services gdp in Lao People's Democratic Republic peaked at 7.2 in 2014 and was at its lowest, 1.13, in 1994.
That places Lao People's Democratic Republic 122nd out of 186 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes on goods and services gdp in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 1.13 | — |
| 1995 | 1.17 | +3.4% |
| 1996 | 1.43 | +22.7% |
| 1997 | 1.32 | -8.1% |
| 1998 | 2.59 | +96.9% |
| 1999 | 3.2 | +23.3% |
| 2000 | 3.65 | +14.3% |
| 2001 | 4.13 | +13.2% |
| 2002 | 3.36 | -18.8% |
| 2003 | 3.21 | -4.4% |
| 2004 | 3.84 | +19.6% |
| 2005 | 3.68 | -4.1% |
| 2006 | 4.25 | +15.4% |
| 2007 | 4.48 | +5.4% |
| 2008 | 4.66 | +4.0% |
| 2009 | 5.17 | +11.0% |
| 2010 | 5.74 | +10.9% |
| 2011 | 6.05 | +5.4% |
| 2012 | 6.34 | +4.8% |
| 2013 | 6.58 | +3.8% |
| 2014 | 7.2 | +9.5% |
| 2015 | 6.89 | -4.3% |
| 2016 | 6.45 | -6.4% |
| 2017 | 6.91 | +7.0% |
| 2018 | 6.56 | -5.0% |
| 2019 | 6.37 | -3.0% |
| 2020 | 4.96 | -22.1% |
| 2021 | 5.53 | +11.4% |
| 2022 | 5.64 | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.81 | 1.13 | 3.2 | 6 |
| 2000s | 4.04 | 3.21 | 5.17 | 10 |
| 2010s | 6.51 | 5.74 | 7.2 | 10 |
| 2020s | 5.38 | 4.96 | 5.64 | 3 |
Countries ranked near Lao People's Democratic Republic
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)
- GDP (constant 2015 US$), annual growth rate 4.54 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.21 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,807 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.54 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 8,518 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 19.80 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 64.16 % change on previous year (2016)
- Gross domestic savings (current US$), per unit of GDP 0.2033 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is taxes on goods and services gdp in Lao People's Democratic Republic?
- Taxes on goods and services gdp in Lao People's Democratic Republic was 5.64 in 2022, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 7.2 in 2014.
- What is the lowest taxes on goods and services gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.13 in 1994.
- How does Lao People's Democratic Republic rank for taxes on goods and services gdp?
- Lao People's Democratic Republic ranks 122nd out of 186 countries with data for 2022.
- Is taxes on goods and services gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
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