Total factor productivity in Laos
Laos: Total factor productivity was 0.9878 in 2023. ▼ Falling
Latest (2023)
0.9878
Change on year
up 0.4%
World rank
68th
of 120 countries
All-time high
1.31
in 1986
All-time low
0.9842
in 2022
Years of data
44
1980–2023
Total factor productivity in Laos, 1980–2023
Source: Our World in Data.
Analysis
Laos recorded 0.9878 for total factor productivity in 2023.
That represents a change of up 0.4% on the previous year and down 15.3% over ten years.
Over the whole period, total factor productivity in Laos peaked at 1.31 in 1986 and was at its lowest, 0.9842, in 2022.
That places Laos 68th out of 120 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 44 years of available data.
Total factor productivity in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 1.04 | — |
| 1981 | 1.17 | +12.8% |
| 1982 | 1.21 | +4.0% |
| 1983 | 1.22 | +0.1% |
| 1984 | 1.27 | +4.3% |
| 1985 | 1.29 | +1.6% |
| 1986 | 1.31 | +1.9% |
| 1987 | 1.22 | -7.1% |
| 1988 | 1.11 | -9.1% |
| 1989 | 1.14 | +3.0% |
| 1990 | 1.13 | -1.5% |
| 1991 | 1.11 | -1.2% |
| 1992 | 1.1 | -0.8% |
| 1993 | 1.1 | -0.7% |
| 1994 | 1.1 | +0.5% |
| 1995 | 1.11 | +1.2% |
| 1996 | 1.12 | +0.4% |
| 1997 | 1.13 | +0.7% |
| 1998 | 1.1 | -2.0% |
| 1999 | 1.11 | +1.0% |
| 2000 | 1.14 | +2.2% |
| 2001 | 1.16 | +2.1% |
| 2002 | 1.18 | +1.3% |
| 2003 | 1.18 | +0.6% |
| 2004 | 1.18 | -0.6% |
| 2005 | 1.15 | -2.5% |
| 2006 | 1.04 | -9.4% |
| 2007 | 1.13 | +8.6% |
| 2008 | 1.11 | -2.2% |
| 2009 | 1.12 | +1.0% |
| 2010 | 1.15 | +2.6% |
| 2011 | 1.16 | +1.4% |
| 2012 | 1.16 | -0.3% |
| 2013 | 1.17 | +0.6% |
| 2014 | 1.17 | +0.0% |
| 2015 | 1.17 | +0.1% |
| 2016 | 1.17 | -0.0% |
| 2017 | 1.15 | -1.0% |
| 2018 | 1.13 | -2.3% |
| 2019 | 1.09 | -3.6% |
| 2020 | 1.04 | -4.3% |
| 2021 | 1 | -3.9% |
| 2022 | 0.9842 | -1.6% |
| 2023 | 0.9878 | +0.4% |
Laos compared with similar countries
- Laos's 0.9878 is below the median for lower middle income countries, which is 0.9979, 99% of the median. (26 countries reporting)
- Laos's 0.9878 is below the median for East Asia & Pacific, which is 0.9955, 99% of the median. (15 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.2 | 1.04 | 1.31 | 10 |
| 1990s | 1.11 | 1.1 | 1.13 | 10 |
| 2000s | 1.14 | 1.04 | 1.18 | 10 |
| 2010s | 1.15 | 1.09 | 1.17 | 10 |
| 2020s | 1 | 0.9842 | 1.04 | 4 |
Countries ranked near Laos
More economy & growth data for Laos
- Real gdp growth, annual growth rate 11 % change on previous year (2025)
- 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)
Frequently asked questions
- What is total factor productivity in Laos?
- Total factor productivity in Laos was 0.9878 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Laos?
- The highest recorded value was 1.31 in 1986.
- What is the lowest total factor productivity recorded in Laos?
- The lowest recorded value was 0.9842 in 2022.
- How does Laos rank for total factor productivity?
- Laos ranks 68th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Laos?
- Over the last ten years it is down 15.3%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under CC BY 4.0 (Our World in Data).