Value Added (Total Manufacturing) — Value US$, annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Value Added (Total Manufacturing) — Value US$, annual growth rate was 7.6 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Lao People's Democratic Republic, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 7.6 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.
Compared with earlier readings it is up 160.1% on the previous year and down 26.8% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Lao People's Democratic Republic peaked at 120.71 % change on previous year in 1997 and was at its lowest, -59.17 % change on previous year, in 1998.
Lao People's Democratic Republic ranks 82nd of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.37 % change on previous year | — |
| 1972 | 8 % change on previous year | -22.9% |
| 1973 | 14.62 % change on previous year | +82.7% |
| 1974 | 12.77 % change on previous year | -12.6% |
| 1975 | 16.52 % change on previous year | +29.3% |
| 1976 | 9.13 % change on previous year | -44.8% |
| 1977 | 4.24 % change on previous year | -53.5% |
| 1978 | 7.35 % change on previous year | +73.2% |
| 1979 | 5.34 % change on previous year | -27.3% |
| 1980 | 20.8 % change on previous year | +289.4% |
| 1981 | 29.93 % change on previous year | +43.9% |
| 1982 | 12.06 % change on previous year | -59.7% |
| 1983 | 3.52 % change on previous year | -70.8% |
| 1984 | 9.93 % change on previous year | +182.1% |
| 1985 | 17.47 % change on previous year | +76.0% |
| 1986 | 21.41 % change on previous year | +22.6% |
| 1987 | -19.19 % change on previous year | -189.6% |
| 1988 | -22.34 % change on previous year | +16.4% |
| 1989 | 49.63 % change on previous year | -322.1% |
| 1990 | 25.4 % change on previous year | -48.8% |
| 1991 | 48.29 % change on previous year | +90.1% |
| 1992 | 17.83 % change on previous year | -63.1% |
| 1993 | 14.69 % change on previous year | -17.7% |
| 1994 | 16.59 % change on previous year | +13.0% |
| 1995 | 24.86 % change on previous year | +49.8% |
| 1996 | 17.1 % change on previous year | -31.2% |
| 1997 | 120.71 % change on previous year | +606.1% |
| 1998 | -59.17 % change on previous year | -149.0% |
| 1999 | 13.7 % change on previous year | -123.2% |
| 2000 | 19.04 % change on previous year | +39.0% |
| 2001 | 6.46 % change on previous year | -66.1% |
| 2002 | 11.29 % change on previous year | +74.8% |
| 2003 | 10.69 % change on previous year | -5.3% |
| 2004 | 20.98 % change on previous year | +96.2% |
| 2005 | 10.36 % change on previous year | -50.6% |
| 2006 | 23.86 % change on previous year | +130.3% |
| 2007 | 30.07 % change on previous year | +26.0% |
| 2008 | 29.24 % change on previous year | -2.8% |
| 2009 | 24.12 % change on previous year | -17.5% |
| 2010 | 16.08 % change on previous year | -33.3% |
| 2011 | 15.14 % change on previous year | -5.8% |
| 2012 | 0.5114 % change on previous year | -96.6% |
| 2013 | 10.39 % change on previous year | +1931.6% |
| 2014 | 10.71 % change on previous year | +3.1% |
| 2015 | 5.58 % change on previous year | -47.9% |
| 2016 | 4.65 % change on previous year | -16.5% |
| 2017 | 3.32 % change on previous year | -28.7% |
| 2018 | 5.84 % change on previous year | +75.8% |
| 2019 | 5.94 % change on previous year | +1.9% |
| 2020 | 11.64 % change on previous year | +95.8% |
| 2021 | -0.05 % change on previous year | -100.4% |
| 2022 | -12.66 % change on previous year | +25202.7% |
| 2023 | 7.6 % change on previous year | -160.1% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -25202.7% | -0.05 % change on previous year | -12.66 % change on previous year |
| 2013 | +1931.6% | 0.5114 % change on previous year | 10.39 % change on previous year |
| 1997 | +606.1% | 17.1 % change on previous year | 120.71 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.82 % change on previous year | 4.24 % change on previous year | 16.52 % change on previous year | 9 |
| 1980s | 12.32 % change on previous year | -22.34 % change on previous year | 49.63 % change on previous year | 10 |
| 1990s | 24 % change on previous year | -59.17 % change on previous year | 120.71 % change on previous year | 10 |
| 2000s | 18.61 % change on previous year | 6.46 % change on previous year | 30.07 % change on previous year | 10 |
| 2010s | 7.82 % change on previous year | 0.5114 % change on previous year | 16.08 % change on previous year | 10 |
| 2020s | 1.63 % change on previous year | -12.66 % change on previous year | 11.64 % change on previous year | 4 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 13.91 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Lao People's Democratic Republic?
- Value added (total manufacturing) — value us$, annual growth rate in Lao People's Democratic Republic was 7.6 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 120.71 % change on previous year in 1997.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -59.17 % change on previous year in 1998.
- How does Lao People's Democratic Republic rank for value added (total manufacturing) — value us$, annual growth rate?
- Lao People's Democratic Republic ranks 82nd out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 26.8%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.