Value Added (Total Manufacturing) — Value Standard Local Currency in Laos
Laos: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0009 million SLC per US$ of GDP in 2023. ▼ Falling
Value Added (Total Manufacturing) — Value Standard Local Currency in Laos, 1984–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Laos is 0.0009 million SLC per US$ of GDP, measured in 2023.
The figure is up 2.4% on the previous year and up 35.1% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Laos peaked at 0.0018 million SLC per US$ of GDP in 2002 and was at its lowest, 0.0002 million SLC per US$ of GDP, in 1985.
That places Laos 5th out of 193 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 40 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Laos, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.0003 million SLC per US$ of GDP | — |
| 1985 | 0.0002 million SLC per US$ of GDP | -26.6% |
| 1986 | 0.0003 million SLC per US$ of GDP | +52.2% |
| 1987 | 0.0005 million SLC per US$ of GDP | +52.6% |
| 1988 | 0.0009 million SLC per US$ of GDP | +70.1% |
| 1989 | 0.001 million SLC per US$ of GDP | +17.0% |
| 1990 | 0.001 million SLC per US$ of GDP | -4.7% |
| 1991 | 0.0011 million SLC per US$ of GDP | +9.2% |
| 1992 | 0.0011 million SLC per US$ of GDP | -0.3% |
| 1993 | 0.001 million SLC per US$ of GDP | -8.5% |
| 1994 | 0.0009 million SLC per US$ of GDP | -8.0% |
| 1995 | 0.0009 million SLC per US$ of GDP | +3.0% |
| 1996 | 0.001 million SLC per US$ of GDP | +11.1% |
| 1997 | 0.0012 million SLC per US$ of GDP | +17.2% |
| 1998 | 0.0018 million SLC per US$ of GDP | +49.6% |
| 1999 | 0.0017 million SLC per US$ of GDP | -5.7% |
| 2000 | 0.0015 million SLC per US$ of GDP | -9.9% |
| 2001 | 0.0017 million SLC per US$ of GDP | +9.7% |
| 2002 | 0.0018 million SLC per US$ of GDP | +8.5% |
| 2003 | 0.0017 million SLC per US$ of GDP | -8.2% |
| 2004 | 0.0017 million SLC per US$ of GDP | -1.6% |
| 2005 | 0.0015 million SLC per US$ of GDP | -10.4% |
| 2006 | 0.0012 million SLC per US$ of GDP | -17.7% |
| 2007 | 0.0012 million SLC per US$ of GDP | -0.5% |
| 2008 | 0.001 million SLC per US$ of GDP | -15.2% |
| 2009 | 0.001 million SLC per US$ of GDP | -0.3% |
| 2010 | 0.0009 million SLC per US$ of GDP | -12.4% |
| 2011 | 0.0008 million SLC per US$ of GDP | -10.6% |
| 2012 | 0.0008 million SLC per US$ of GDP | -1.7% |
| 2013 | 0.0007 million SLC per US$ of GDP | -12.0% |
| 2014 | 0.0007 million SLC per US$ of GDP | -1.0% |
| 2015 | 0.0007 million SLC per US$ of GDP | -3.9% |
| 2016 | 0.0006 million SLC per US$ of GDP | -6.5% |
| 2017 | 0.0006 million SLC per US$ of GDP | -2.7% |
| 2018 | 0.0006 million SLC per US$ of GDP | -0.0% |
| 2019 | 0.0006 million SLC per US$ of GDP | +3.3% |
| 2020 | 0.0007 million SLC per US$ of GDP | +11.4% |
| 2021 | 0.0007 million SLC per US$ of GDP | +3.9% |
| 2022 | 0.0009 million SLC per US$ of GDP | +27.4% |
| 2023 | 0.0009 million SLC per US$ of GDP | +2.4% |
Laos compared with similar countries
- Laos's 0.0009 million SLC per US$ of GDP is above the median for lower middle income countries, which is 0 million SLC per US$ of GDP, 185.2× the median. (44 countries reporting)
- Laos's 0.0009 million SLC per US$ of GDP is above the median for East Asia & Pacific, which is 0 million SLC per US$ of GDP, 2262.4× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0006 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP | 6 |
| 1990s | 0.0012 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 0.0018 million SLC per US$ of GDP | 10 |
| 2000s | 0.0014 million SLC per US$ of GDP | 0.001 million SLC per US$ of GDP | 0.0018 million SLC per US$ of GDP | 10 |
| 2010s | 0.0007 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 10 |
| 2020s | 0.0008 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 4 |
Countries ranked near Laos
- 2 Indonesia 0.0023 million SLC per US$ of GDP compare
- 3 Cambodia 0.0011 million SLC per US$ of GDP compare
- 4 Paraguay 0.001 million SLC per US$ of GDP compare
- 6 Guinea 0.0005 million SLC per US$ of GDP compare
- 7 Uganda 0.0004 million SLC per US$ of GDP compare
- 8 Uzbekistan 0.0004 million SLC per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Laos?
- Value added (total manufacturing) — value standard local currency in Laos was 0.0009 million SLC per US$ of GDP 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 0.0018 million SLC per US$ of GDP in 2002.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Laos?
- The lowest recorded value was 0.0002 million SLC per US$ of GDP in 1985.
- How does Laos rank for value added (total manufacturing) — value standard local currency?
- Laos ranks 5th out of 193 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 35.1%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP 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
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.