Trade in Lao People's Democratic Republic
Lao People's Democratic Republic: Trade was 75.1% in 2016. ▲ Rising
Trade in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Lao People's Democratic Republic recorded 75.1% for trade in 2016.
The figure is down 12.5% on the previous year and down 8.4% over ten years.
Over the whole period, trade in Lao People's Democratic Republic peaked at 99.1% in 2014 and was at its lowest, 9.1%, in 1984.
Lao People's Democratic Republic ranks 111th of 192 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 33 years of available data.
Trade in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 9.1% | — |
| 1985 | 13.8% | +51.6% |
| 1986 | 11.3% | -18.0% |
| 1987 | 20.1% | +77.8% |
| 1988 | 45.5% | +126.3% |
| 1989 | 44.1% | -3.1% |
| 1990 | 35.8% | -18.8% |
| 1991 | 38.2% | +6.5% |
| 1992 | 44.1% | +15.6% |
| 1993 | 52.6% | +19.3% |
| 1994 | 64.8% | +23.1% |
| 1995 | 60.6% | -6.6% |
| 1996 | 63.8% | +5.3% |
| 1997 | 65.2% | +2.2% |
| 1998 | 84.3% | +29.3% |
| 1999 | 80.1% | -5.0% |
| 2000 | 68.8% | -14.0% |
| 2001 | 65.9% | -4.3% |
| 2002 | 67.3% | +2.1% |
| 2003 | 60.6% | -9.9% |
| 2004 | 66.1% | +9.1% |
| 2005 | 71.8% | +8.6% |
| 2006 | 82.0% | +14.2% |
| 2007 | 79.2% | -3.4% |
| 2008 | 81.8% | +3.3% |
| 2009 | 76.9% | -6.0% |
| 2010 | 84.7% | +10.1% |
| 2011 | 91.7% | +8.2% |
| 2012 | 98.2% | +7.1% |
| 2013 | 98.2% | -0.0% |
| 2014 | 99.1% | +0.9% |
| 2015 | 85.8% | -13.4% |
| 2016 | 75.1% | -12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.0% | 9.1% | 45.5% | 6 |
| 1990s | 58.9% | 35.8% | 84.3% | 10 |
| 2000s | 72.0% | 60.6% | 82.0% | 10 |
| 2010s | 90.4% | 75.1% | 99.1% | 7 |
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)
- Services, value added (current US$), annual growth rate 10.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4357 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 1,013 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 12.51 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 8,907 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 20.71 million current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4872 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is trade in Lao People's Democratic Republic?
- Trade in Lao People's Democratic Republic was 75.1% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Lao People's Democratic Republic?
- The highest recorded value was 99.1% in 2014.
- What is the lowest trade recorded in Lao People's Democratic Republic?
- The lowest recorded value was 9.1% in 1984.
- How does Lao People's Democratic Republic rank for trade?
- Lao People's Democratic Republic ranks 111th out of 192 countries with data for 2016.
- Is trade rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 8.4%. 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.