Value Added (Total Manufacturing) — Value Standard Local Currency in Laos
Laos: Value Added (Total Manufacturing) — Value Standard Local Currency was 35.61 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Laos, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Laos stood at 35.61 % change on previous year.
That represents a change of up 34.9% on the previous year and up 345.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Laos peaked at 219.82 % change on previous year in 1980 and was at its lowest, 0.2275 % change on previous year, in 2012.
That places Laos 18th out of 231 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 | % change on previous year | Change |
|---|---|---|
| 1971 | 6.45 % change on previous year | — |
| 1972 | 29.52 % change on previous year | +357.8% |
| 1973 | 42.14 % change on previous year | +42.8% |
| 1974 | 55.2 % change on previous year | +31.0% |
| 1975 | 38.37 % change on previous year | -30.5% |
| 1976 | 14.71 % change on previous year | -61.7% |
| 1977 | 86.45 % change on previous year | +487.8% |
| 1978 | 9.22 % change on previous year | -89.3% |
| 1979 | 0.3489 % change on previous year | -96.2% |
| 1980 | 219.82 % change on previous year | +62912.1% |
| 1981 | 17.73 % change on previous year | -91.9% |
| 1982 | 76.18 % change on previous year | +329.6% |
| 1983 | 76.54 % change on previous year | +0.5% |
| 1984 | 42.85 % change on previous year | -44.0% |
| 1985 | 214.25 % change on previous year | +400.0% |
| 1986 | 67.11 % change on previous year | -68.7% |
| 1987 | 3.54 % change on previous year | -94.7% |
| 1988 | 8.77 % change on previous year | +148.1% |
| 1989 | 137.91 % change on previous year | +1471.7% |
| 1990 | 60.91 % change on previous year | -55.8% |
| 1991 | 47.1 % change on previous year | -22.7% |
| 1992 | 20.18 % change on previous year | -57.1% |
| 1993 | 14.71 % change on previous year | -27.1% |
| 1994 | 16.82 % change on previous year | +14.4% |
| 1995 | 40 % change on previous year | +137.8% |
| 1996 | 34.02 % change on previous year | -14.9% |
| 1997 | 201.94 % change on previous year | +493.5% |
| 1998 | 6.89 % change on previous year | -96.6% |
| 1999 | 144.81 % change on previous year | +2001.6% |
| 2000 | 32.21 % change on previous year | -77.8% |
| 2001 | 20.86 % change on previous year | -35.2% |
| 2002 | 24.99 % change on previous year | +19.8% |
| 2003 | 16.34 % change on previous year | -34.6% |
| 2004 | 21.17 % change on previous year | +29.6% |
| 2005 | 11.09 % change on previous year | -47.6% |
| 2006 | 18.03 % change on previous year | +62.6% |
| 2007 | 23.01 % change on previous year | +27.6% |
| 2008 | 17.63 % change on previous year | -23.4% |
| 2009 | 20.87 % change on previous year | +18.4% |
| 2010 | 12.57 % change on previous year | -39.8% |
| 2011 | 12.01 % change on previous year | -4.5% |
| 2012 | 0.2275 % change on previous year | -98.1% |
| 2013 | 8 % change on previous year | +3416.5% |
| 2014 | 13.67 % change on previous year | +70.9% |
| 2015 | 6.69 % change on previous year | -51.0% |
| 2016 | 4.61 % change on previous year | -31.1% |
| 2017 | 4.85 % change on previous year | +5.2% |
| 2018 | 7.84 % change on previous year | +61.6% |
| 2019 | 9.45 % change on previous year | +20.5% |
| 2020 | 16.35 % change on previous year | +73.0% |
| 2021 | 7.16 % change on previous year | -56.2% |
| 2022 | 26.41 % change on previous year | +269.0% |
| 2023 | 35.61 % change on previous year | +34.9% |
Laos compared with similar countries
- Laos's 35.61 % change on previous year is above the median for lower middle income countries, which is 9.36 % change on previous year, 3.8× the median. (44 countries reporting)
- Laos's 35.61 % change on previous year is above the median for East Asia & Pacific, which is 6.83 % change on previous year, 5.2× 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 |
|---|---|---|---|
| 1980 | +62912.1% | 0.3489 % change on previous year | 219.82 % change on previous year |
| 2013 | +3416.5% | 0.2275 % change on previous year | 8 % change on previous year |
| 1999 | +2001.6% | 6.89 % change on previous year | 144.81 % change on previous year |
| 1989 | +1471.7% | 8.77 % change on previous year | 137.91 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.38 % change on previous year | 0.3489 % change on previous year | 86.45 % change on previous year | 9 |
| 1980s | 86.47 % change on previous year | 3.54 % change on previous year | 219.82 % change on previous year | 10 |
| 1990s | 58.74 % change on previous year | 6.89 % change on previous year | 201.94 % change on previous year | 10 |
| 2000s | 20.62 % change on previous year | 11.09 % change on previous year | 32.21 % change on previous year | 10 |
| 2010s | 7.99 % change on previous year | 0.2275 % change on previous year | 13.67 % change on previous year | 10 |
| 2020s | 21.38 % change on previous year | 7.16 % change on previous year | 35.61 % change on previous year | 4 |
Countries ranked near Laos
- 15 China, Macao SAR 49.05 % change on previous year compare
- 16 Democratic Republic of the Congo 39.3 % change on previous year compare
- 17 Haiti 36.59 % change on previous year compare
- 18 Lao People's Democratic Republic 35.61 % change on previous year compare
- 20 Ukraine 35.35 % change on previous year compare
- 21 Malawi 34.37 % change on previous year 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 35.61 % change on previous year 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 219.82 % change on previous year in 1980.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Laos?
- The lowest recorded value was 0.2275 % change on previous year in 2012.
- How does Laos rank for value added (total manufacturing) — value standard local currency?
- Laos ranks 18th out of 231 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 345.2%. 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, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.