Value Added (Total Manufacturing) — Value US$, 2015 prices in Laos
Laos: Value Added (Total Manufacturing) — Value US$, 2015 prices was 1,842 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Laos, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$, 2015 prices in Laos stood at 1,842 million USD. That is the highest value across all 54 years on record.
That represents a change of up 4.9% on the previous year and up 78.7% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Laos peaked at 1,842 million USD in 2023 and was at its lowest, 32.72 million USD, in 1970.
That places Laos 130th out of 236 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Laos, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 32.72 million USD | — |
| 1971 | 34.35 million USD | +5.0% |
| 1972 | 35.54 million USD | +3.5% |
| 1973 | 38.63 million USD | +8.7% |
| 1974 | 40.06 million USD | +3.7% |
| 1975 | 42.7 million USD | +6.6% |
| 1976 | 43.99 million USD | +3.0% |
| 1977 | 43.12 million USD | -2.0% |
| 1978 | 43.49 million USD | +0.9% |
| 1979 | 42.77 million USD | -1.7% |
| 1980 | 46.71 million USD | +9.2% |
| 1981 | 54.32 million USD | +16.3% |
| 1982 | 58.04 million USD | +6.8% |
| 1983 | 60.21 million USD | +3.7% |
| 1984 | 66.31 million USD | +10.1% |
| 1985 | 65.55 million USD | -1.1% |
| 1986 | 74.91 million USD | +14.3% |
| 1987 | 69.95 million USD | -6.6% |
| 1988 | 65.54 million USD | -6.3% |
| 1989 | 91.42 million USD | +39.5% |
| 1990 | 105.6 million USD | +15.5% |
| 1991 | 136.93 million USD | +29.7% |
| 1992 | 149.81 million USD | +9.4% |
| 1993 | 161.31 million USD | +7.7% |
| 1994 | 172.56 million USD | +7.0% |
| 1995 | 203.03 million USD | +17.7% |
| 1996 | 239.75 million USD | +18.1% |
| 1997 | 262.04 million USD | +9.3% |
| 1998 | 287.24 million USD | +9.6% |
| 1999 | 307.63 million USD | +7.1% |
| 2000 | 329.76 million USD | +7.2% |
| 2001 | 369.65 million USD | +12.1% |
| 2002 | 398.65 million USD | +7.8% |
| 2003 | 421.08 million USD | +5.6% |
| 2004 | 484.75 million USD | +15.1% |
| 2005 | 501.88 million USD | +3.5% |
| 2006 | 521.53 million USD | +3.9% |
| 2007 | 634.08 million USD | +21.6% |
| 2008 | 693.47 million USD | +9.4% |
| 2009 | 740.62 million USD | +6.8% |
| 2010 | 792.47 million USD | +7.0% |
| 2011 | 869.56 million USD | +9.7% |
| 2012 | 995.98 million USD | +14.5% |
| 2013 | 1,031 million USD | +3.5% |
| 2014 | 1,132 million USD | +9.8% |
| 2015 | 1,182 million USD | +4.4% |
| 2016 | 1,219 million USD | +3.1% |
| 2017 | 1,273 million USD | +4.4% |
| 2018 | 1,352 million USD | +6.2% |
| 2019 | 1,443 million USD | +6.7% |
| 2020 | 1,628 million USD | +12.9% |
| 2021 | 1,677 million USD | +3.0% |
| 2022 | 1,756 million USD | +4.7% |
| 2023 | 1,842 million USD | +4.9% |
Laos compared with similar countries
- Laos's 1,842 million USD is below the median for lower middle income countries, which is 1,854 million USD, 99% of the median. (44 countries reporting)
- Laos's 1,842 million USD is above the median for East Asia & Pacific, which is 1,228 million USD, 1.5× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, 2015 prices in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +39.5% | 65.54 million USD | 91.42 million USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.74 million USD | 32.72 million USD | 43.99 million USD | 10 |
| 1980s | 65.3 million USD | 46.71 million USD | 91.42 million USD | 10 |
| 1990s | 202.59 million USD | 105.6 million USD | 307.63 million USD | 10 |
| 2000s | 509.55 million USD | 329.76 million USD | 740.62 million USD | 10 |
| 2010s | 1,129 million USD | 792.47 million USD | 1,443 million USD | 10 |
| 2020s | 1,726 million USD | 1,628 million USD | 1,842 million USD | 4 |
Countries ranked near Laos
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Laos?
- Value added (total manufacturing) — value us$, 2015 prices in Laos was 1,842 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Laos?
- The highest recorded value was 1,842 million USD in 2023.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Laos?
- The lowest recorded value was 32.72 million USD in 1970.
- How does Laos rank for value added (total manufacturing) — value us$, 2015 prices?
- Laos ranks 130th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Laos?
- Over the last ten years it is up 78.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).