Terms of trade adjustment in Laos
Laos: Terms of trade adjustment was 2.81 trillion constant LCU in 2016. ◆ Volatile
Terms of trade adjustment in Laos, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Laos recorded 2.81 trillion constant LCU for terms of trade adjustment in 2016. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 189.5% on the previous year and up 253.1% over ten years.
Over the whole period, terms of trade adjustment in Laos peaked at 2.81 trillion constant LCU in 2016 and was at its lowest, -7.82 trillion constant LCU, in 2000.
That places Laos 11th out of 178 countries with data for 2016, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Laos, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | -7.82 trillion constant LCU | — |
| 2001 | -5.82 trillion constant LCU | -25.5% |
| 2002 | -5.22 trillion constant LCU | -10.3% |
| 2003 | -5.14 trillion constant LCU | -1.6% |
| 2004 | -3.99 trillion constant LCU | -22.4% |
| 2005 | -2.93 trillion constant LCU | -26.6% |
| 2006 | 796.99 billion constant LCU | -127.2% |
| 2007 | -818.77 billion constant LCU | -202.7% |
| 2008 | -1.10 trillion constant LCU | +34.2% |
| 2009 | -1.59 trillion constant LCU | +45.0% |
| 2010 | -655.75 billion constant LCU | -58.9% |
| 2011 | 540.33 billion constant LCU | -182.4% |
| 2012 | 0 constant LCU | -100.0% |
| 2013 | -1.39 trillion constant LCU | — |
| 2014 | 488.93 billion constant LCU | -135.1% |
| 2015 | -3.15 trillion constant LCU | -743.3% |
| 2016 | 2.81 trillion constant LCU | -189.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.36 trillion constant LCU | -7.82 trillion constant LCU | 796.99 billion constant LCU | 10 |
| 2010s | -193.24 billion constant LCU | -3.15 trillion constant LCU | 2.81 trillion constant LCU | 7 |
Countries ranked near Laos
- 8 Cambodia 5.99 trillion constant LCU compare
- 9 Kazakhstan 3.77 trillion constant LCU compare
- 10 Cote d'Ivoire 2.94 trillion constant LCU compare
- 12 Angola 2.49 trillion constant LCU compare
- 13 Burkina Faso 2.23 trillion constant LCU compare
- 14 Pakistan 1.65 trillion constant LCU 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)
- GDP (current US$), annual growth rate 10.91 % change on previous year (2025)
- GDP (current US$), per capita 2,325 current US$ per person (2025)
- GDP (current LCU), annual growth rate 12.43 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 20,444 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 47.53 million current LCU per person (2025)
- 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)
Frequently asked questions
- What is terms of trade adjustment in Laos?
- Terms of trade adjustment in Laos was 2.81 trillion constant LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Laos?
- The highest recorded value was 2.81 trillion constant LCU in 2016.
- What is the lowest terms of trade adjustment recorded in Laos?
- The lowest recorded value was -7.82 trillion constant LCU in 2000.
- How does Laos rank for terms of trade adjustment?
- Laos ranks 11th out of 178 countries with data for 2016.
- Is terms of trade adjustment rising or falling in Laos?
- Over the last ten years it is up 253.1%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.