Value Added (Total Manufacturing) — Value Standard Local Currency in Laos
Laos: Value Added (Total Manufacturing) — Value Standard Local Currency was 1.95 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Laos, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Laos stood at 1.95 million SLC per person. That is the highest value across all 54 years on record.
That represents a change of up 3.4% on the previous year and up 54.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Laos peaked at 1.95 million SLC per person in 2023 and was at its lowest, 0.0996 million SLC per person, in 1970.
That places Laos 6th out of 194 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Laos, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0996 million SLC per person | — |
| 1971 | 0.1021 million SLC per person | +2.5% |
| 1972 | 0.1031 million SLC per person | +1.0% |
| 1973 | 0.1094 million SLC per person | +6.1% |
| 1974 | 0.1108 million SLC per person | +1.2% |
| 1975 | 0.1155 million SLC per person | +4.3% |
| 1976 | 0.1167 million SLC per person | +1.0% |
| 1977 | 0.1124 million SLC per person | -3.7% |
| 1978 | 0.1114 million SLC per person | -0.8% |
| 1979 | 0.1077 million SLC per person | -3.4% |
| 1980 | 0.1153 million SLC per person | +7.1% |
| 1981 | 0.1311 million SLC per person | +13.7% |
| 1982 | 0.1367 million SLC per person | +4.3% |
| 1983 | 0.1382 million SLC per person | +1.1% |
| 1984 | 0.1481 million SLC per person | +7.2% |
| 1985 | 0.1425 million SLC per person | -3.8% |
| 1986 | 0.1583 million SLC per person | +11.1% |
| 1987 | 0.1436 million SLC per person | -9.2% |
| 1988 | 0.1308 million SLC per person | -8.9% |
| 1989 | 0.1773 million SLC per person | +35.5% |
| 1990 | 0.1991 million SLC per person | +12.3% |
| 1991 | 0.2509 million SLC per person | +26.1% |
| 1992 | 0.267 million SLC per person | +6.4% |
| 1993 | 0.2798 million SLC per person | +4.8% |
| 1994 | 0.2916 million SLC per person | +4.2% |
| 1995 | 0.3347 million SLC per person | +14.8% |
| 1996 | 0.3862 million SLC per person | +15.4% |
| 1997 | 0.4134 million SLC per person | +7.0% |
| 1998 | 0.4448 million SLC per person | +7.6% |
| 1999 | 0.4681 million SLC per person | +5.2% |
| 2000 | 0.4935 million SLC per person | +5.4% |
| 2001 | 0.5441 million SLC per person | +10.3% |
| 2002 | 0.5775 million SLC per person | +6.1% |
| 2003 | 0.6006 million SLC per person | +4.0% |
| 2004 | 0.6814 million SLC per person | +13.5% |
| 2005 | 0.695 million SLC per person | +2.0% |
| 2006 | 0.7108 million SLC per person | +2.3% |
| 2007 | 0.8509 million SLC per person | +19.7% |
| 2008 | 0.9166 million SLC per person | +7.7% |
| 2009 | 0.9644 million SLC per person | +5.2% |
| 2010 | 1.02 million SLC per person | +5.4% |
| 2011 | 1.1 million SLC per person | +8.2% |
| 2012 | 1.24 million SLC per person | +12.9% |
| 2013 | 1.27 million SLC per person | +2.1% |
| 2014 | 1.37 million SLC per person | +8.3% |
| 2015 | 1.41 million SLC per person | +2.9% |
| 2016 | 1.43 million SLC per person | +1.5% |
| 2017 | 1.47 million SLC per person | +2.8% |
| 2018 | 1.54 million SLC per person | +4.6% |
| 2019 | 1.62 million SLC per person | +5.1% |
| 2020 | 1.8 million SLC per person | +11.2% |
| 2021 | 1.83 million SLC per person | +1.5% |
| 2022 | 1.89 million SLC per person | +3.2% |
| 2023 | 1.95 million SLC per person | +3.4% |
Laos compared with similar countries
- Laos's 1.95 million SLC per person is above the median for lower middle income countries, which is 0.0126 million SLC per person, 155.1× the median. (44 countries reporting)
- Laos's 1.95 million SLC per person is above the median for East Asia & Pacific, which is 0.0078 million SLC per person, 251.2× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +35.5% | 0.1308 million SLC per person | 0.1773 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1089 million SLC per person | 0.0996 million SLC per person | 0.1167 million SLC per person | 10 |
| 1980s | 0.1422 million SLC per person | 0.1153 million SLC per person | 0.1773 million SLC per person | 10 |
| 1990s | 0.3336 million SLC per person | 0.1991 million SLC per person | 0.4681 million SLC per person | 10 |
| 2000s | 0.7035 million SLC per person | 0.4935 million SLC per person | 0.9644 million SLC per person | 10 |
| 2010s | 1.35 million SLC per person | 1.02 million SLC per person | 1.62 million SLC per person | 10 |
| 2020s | 1.87 million SLC per person | 1.8 million SLC per person | 1.95 million SLC per person | 4 |
Countries ranked near Laos
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 value added (total manufacturing) — value standard local currency in Laos?
- Value added (total manufacturing) — value standard local currency in Laos was 1.95 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Laos?
- The highest recorded value was 1.95 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Laos?
- The lowest recorded value was 0.0996 million SLC per person in 1970.
- How does Laos rank for value added (total manufacturing) — value standard local currency?
- Laos ranks 6th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Laos?
- Over the last ten years it is up 54.1%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.