Terms of trade adjustment (constant LCU), annual growth rate in Laos
Laos: Terms of trade adjustment (constant LCU), annual growth rate was 189.46 % change on previous year in 2016. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Laos, 2001–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Laos is 189.46 % change on previous year, measured in 2016. That is the highest value across all 15 years on record.
The figure is up 125.5% on the previous year and up 48.9% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Laos peaked at 189.46 % change on previous year in 2016 and was at its lowest, -743.32 % change on previous year, in 2015.
Laos ranks 10th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 25.51 % change on previous year | — |
| 2002 | 10.3 % change on previous year | -59.6% |
| 2003 | 1.62 % change on previous year | -84.3% |
| 2004 | 22.42 % change on previous year | +1285.5% |
| 2005 | 26.58 % change on previous year | +18.5% |
| 2006 | 127.24 % change on previous year | +378.6% |
| 2007 | -202.73 % change on previous year | -259.3% |
| 2008 | -34.25 % change on previous year | -83.1% |
| 2009 | -45 % change on previous year | +31.4% |
| 2010 | 58.85 % change on previous year | -230.8% |
| 2011 | 182.4 % change on previous year | +209.9% |
| 2012 | -100 % change on previous year | -154.8% |
| 2014 | 135.06 % change on previous year | -235.1% |
| 2015 | -743.32 % change on previous year | -650.4% |
| 2016 | 189.46 % change on previous year | -125.5% |
Laos compared with similar countries
- Laos's 189.46 % change on previous year is above the median for lower middle income countries, which is 9.41 % change on previous year, 20.1× the median. (45 countries reporting)
- Laos's 189.46 % change on previous year is above the median for East Asia & Pacific, which is 12.8 % change on previous year, 14.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -7.59 % change on previous year | -202.73 % change on previous year | 127.24 % change on previous year | 9 |
| 2010s | -46.26 % change on previous year | -743.32 % change on previous year | 189.46 % change on previous year | 6 |
Countries ranked near Laos
- 7 Northern Mariana Islands 203.08 % change on previous year compare
- 8 Paraguay 197.37 % change on previous year compare
- 9 Ghana 196.51 % change on previous year compare
- 11 Latvia 173.07 % change on previous year compare
- 12 Niger 164.42 % change on previous year compare
- 13 Malaysia 145.75 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is terms of trade adjustment (constant lcu), annual growth rate in Laos?
- Terms of trade adjustment (constant lcu), annual growth rate in Laos was 189.46 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Laos?
- The highest recorded value was 189.46 % change on previous year in 2016.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Laos?
- The lowest recorded value was -743.32 % change on previous year in 2015.
- How does Laos rank for terms of trade adjustment (constant lcu), annual growth rate?
- Laos ranks 10th out of 178 countries with data for 2016.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Laos?
- Over the last ten years it is up 48.9%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment Country official statistics, National Statistical Organizations and/or Central Banks
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 Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.