Value Added (Total Manufacturing) — Value Standard Local Currency in Laos
Laos: Value Added (Total Manufacturing) — Value Standard Local Currency was 3.47 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 3.47 million SLC per person. That is the highest value across all 54 years on record.
That represents a change of up 33.7% on the previous year and up 189.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Laos peaked at 3.47 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1970.
Laos ranks 6th of 194 countries on this measure, 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 million SLC per person | — |
| 1971 | 0 million SLC per person | +3.9% |
| 1972 | 0 million SLC per person | +26.4% |
| 1973 | 0 million SLC per person | +38.7% |
| 1974 | 0 million SLC per person | +51.5% |
| 1975 | 0 million SLC per person | +35.3% |
| 1976 | 0 million SLC per person | +12.5% |
| 1977 | 0 million SLC per person | +83.2% |
| 1978 | 0 million SLC per person | +7.4% |
| 1979 | 0 million SLC per person | -1.4% |
| 1980 | 0.0001 million SLC per person | +213.6% |
| 1981 | 0.0001 million SLC per person | +15.1% |
| 1982 | 0.0001 million SLC per person | +71.9% |
| 1983 | 0.0002 million SLC per person | +72.0% |
| 1984 | 0.0003 million SLC per person | +39.0% |
| 1985 | 0.0009 million SLC per person | +205.7% |
| 1986 | 0.0015 million SLC per person | +62.5% |
| 1987 | 0.0016 million SLC per person | +0.6% |
| 1988 | 0.0016 million SLC per person | +5.7% |
| 1989 | 0.0038 million SLC per person | +131.2% |
| 1990 | 0.0059 million SLC per person | +56.4% |
| 1991 | 0.0085 million SLC per person | +43.0% |
| 1992 | 0.0099 million SLC per person | +16.9% |
| 1993 | 0.0111 million SLC per person | +11.6% |
| 1994 | 0.0126 million SLC per person | +13.8% |
| 1995 | 0.0172 million SLC per person | +36.6% |
| 1996 | 0.0225 million SLC per person | +30.9% |
| 1997 | 0.0666 million SLC per person | +195.7% |
| 1998 | 0.0699 million SLC per person | +4.9% |
| 1999 | 0.1682 million SLC per person | +140.6% |
| 2000 | 0.2187 million SLC per person | +30.0% |
| 2001 | 0.26 million SLC per person | +18.9% |
| 2002 | 0.3198 million SLC per person | +23.0% |
| 2003 | 0.3664 million SLC per person | +14.6% |
| 2004 | 0.4375 million SLC per person | +19.4% |
| 2005 | 0.4788 million SLC per person | +9.4% |
| 2006 | 0.5563 million SLC per person | +16.2% |
| 2007 | 0.6738 million SLC per person | +21.1% |
| 2008 | 0.7806 million SLC per person | +15.9% |
| 2009 | 0.9295 million SLC per person | +19.1% |
| 2010 | 1.03 million SLC per person | +10.9% |
| 2011 | 1.14 million SLC per person | +10.4% |
| 2012 | 1.12 million SLC per person | -1.2% |
| 2013 | 1.2 million SLC per person | +6.5% |
| 2014 | 1.34 million SLC per person | +12.1% |
| 2015 | 1.41 million SLC per person | +5.1% |
| 2016 | 1.45 million SLC per person | +3.0% |
| 2017 | 1.5 million SLC per person | +3.2% |
| 2018 | 1.59 million SLC per person | +6.2% |
| 2019 | 1.72 million SLC per person | +7.8% |
| 2020 | 1.97 million SLC per person | +14.6% |
| 2021 | 2.08 million SLC per person | +5.6% |
| 2022 | 2.59 million SLC per person | +24.6% |
| 2023 | 3.47 million SLC per person | +33.7% |
Laos compared with similar countries
- Laos's 3.47 million SLC per person is above the median for lower middle income countries, which is 0.0213 million SLC per person, 162.9× the median. (44 countries reporting)
- Laos's 3.47 million SLC per person is above the median for East Asia & Pacific, which is 0.0097 million SLC per person, 356.4× 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 | +213.6% | 0 million SLC per person | 0.0001 million SLC per person |
| 1985 | +205.7% | 0.0003 million SLC per person | 0.0009 million SLC per person |
| 1997 | +195.7% | 0.0225 million SLC per person | 0.0666 million SLC per person |
| 1999 | +140.6% | 0.0699 million SLC per person | 0.1682 million SLC per person |
| 1989 | +131.2% | 0.0016 million SLC per person | 0.0038 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per person | 0 million SLC per person | 0 million SLC per person | 10 |
| 1980s | 0.001 million SLC per person | 0.0001 million SLC per person | 0.0038 million SLC per person | 10 |
| 1990s | 0.0393 million SLC per person | 0.0059 million SLC per person | 0.1682 million SLC per person | 10 |
| 2000s | 0.5021 million SLC per person | 0.2187 million SLC per person | 0.9295 million SLC per person | 10 |
| 2010s | 1.35 million SLC per person | 1.03 million SLC per person | 1.72 million SLC per person | 10 |
| 2020s | 2.53 million SLC per person | 1.97 million SLC per person | 3.47 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 3.47 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 3.47 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 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 189.5%. 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, 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 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 ÷ 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.