Value of imported goods and services, per unit of GDP in Laos
Laos: Value of imported goods and services, per unit of GDP was 0.4914 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Value of imported goods and services, per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Laos recorded 0.4914 constant 2015 US$ per US$ of GDP for value of imported goods and services, per unit of gdp in 2016. That is the lowest value across all 17 years on record.
That represents a change of down 5.2% on the previous year and down 29.0% over ten years.
Over the whole period, value of imported goods and services, per unit of gdp in Laos peaked at 0.7443 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.4914 constant 2015 US$ per US$ of GDP, in 2016.
Laos ranks 49th of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Value of imported goods and services, per unit of GDP in Laos, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.7081 constant 2015 US$ per US$ of GDP | — |
| 2001 | 0.7443 constant 2015 US$ per US$ of GDP | +5.1% |
| 2002 | 0.7331 constant 2015 US$ per US$ of GDP | -1.5% |
| 2003 | 0.6544 constant 2015 US$ per US$ of GDP | -10.7% |
| 2004 | 0.7337 constant 2015 US$ per US$ of GDP | +12.1% |
| 2005 | 0.7377 constant 2015 US$ per US$ of GDP | +0.5% |
| 2006 | 0.6917 constant 2015 US$ per US$ of GDP | -6.2% |
| 2007 | 0.6552 constant 2015 US$ per US$ of GDP | -5.3% |
| 2008 | 0.6191 constant 2015 US$ per US$ of GDP | -5.5% |
| 2009 | 0.6323 constant 2015 US$ per US$ of GDP | +2.1% |
| 2010 | 0.5653 constant 2015 US$ per US$ of GDP | -10.6% |
| 2011 | 0.5395 constant 2015 US$ per US$ of GDP | -4.6% |
| 2012 | 0.6069 constant 2015 US$ per US$ of GDP | +12.5% |
| 2013 | 0.5853 constant 2015 US$ per US$ of GDP | -3.6% |
| 2014 | 0.5413 constant 2015 US$ per US$ of GDP | -7.5% |
| 2015 | 0.5185 constant 2015 US$ per US$ of GDP | -4.2% |
| 2016 | 0.4914 constant 2015 US$ per US$ of GDP | -5.2% |
Laos compared with similar countries
- Laos's 0.4914 constant 2015 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3476 constant 2015 US$ per US$ of GDP, 1.4× the median. (43 countries reporting)
- Laos's 0.4914 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.5345 constant 2015 US$ per US$ of GDP, 92% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.691 constant 2015 US$ per US$ of GDP | 0.6191 constant 2015 US$ per US$ of GDP | 0.7443 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.5497 constant 2015 US$ per US$ of GDP | 0.4914 constant 2015 US$ per US$ of GDP | 0.6069 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Laos
- 46 Mauritania 0.5109 constant 2015 US$ per US$ of GDP compare
- 47 Montenegro 0.5032 constant 2015 US$ per US$ of GDP compare
- 48 Thailand 0.4957 constant 2015 US$ per US$ of GDP compare
- 50 Tunisia 0.4802 constant 2015 US$ per US$ of GDP compare
- 51 Czechia 0.4785 constant 2015 US$ per US$ of GDP compare
- 52 Greenland 0.473 constant 2015 US$ 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is value of imported goods and services, per unit of gdp in Laos?
- Value of imported goods and services, per unit of gdp in Laos was 0.4914 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest value of imported goods and services, per unit of gdp recorded in Laos?
- The highest recorded value was 0.7443 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest value of imported goods and services, per unit of gdp recorded in Laos?
- The lowest recorded value was 0.4914 constant 2015 US$ per US$ of GDP in 2016.
- How does Laos rank for value of imported goods and services, per unit of gdp?
- Laos ranks 49th out of 170 countries with data for 2016.
- Is value of imported goods and services, per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 29.0%. 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 of imported goods and services, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Value of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value of imported goods and services ÷ GDP (current US$)
Computed from
- Value of imported goods and services National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- 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 of imported goods and services divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.