Volume of remittances (in United States dollars) … total in Lao People's Democratic Republic
Lao People's Democratic Republic: Volume of remittances (in United States dollars) … total was 1.5% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Lao People's Democratic Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Lao People's Democratic Republic recorded 1.5% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is down 17.6% on the previous year and up 5.5% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Lao People's Democratic Republic peaked at 2.0% in 2012 and was at its lowest, 0.0%, in 2005.
Lao People's Democratic Republic ranks 121st of 205 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.
Volume of remittances (in United States dollars) … total in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 0.0% | — |
| 2001 | 0.0% | +3.0% |
| 2002 | 0.0% | +5.6% |
| 2003 | 0.0% | -8.8% |
| 2004 | 0.0% | -10.2% |
| 2005 | 0.0% | -10.7% |
| 2006 | 0.1% | +304.2% |
| 2007 | 0.1% | +19.8% |
| 2008 | 0.3% | +122.2% |
| 2009 | 0.6% | +97.3% |
| 2010 | 0.6% | -9.0% |
| 2011 | 1.3% | +115.2% |
| 2012 | 2.0% | +58.0% |
| 2013 | 1.4% | -28.6% |
| 2014 | 1.4% | -0.4% |
| 2015 | 1.3% | -7.4% |
| 2016 | 1.2% | -9.3% |
| 2017 | 1.4% | +19.5% |
| 2018 | 1.3% | -7.0% |
| 2019 | 1.6% | +19.7% |
| 2020 | 1.2% | -22.7% |
| 2021 | 1.2% | -4.7% |
| 2022 | 1.5% | +32.9% |
| 2023 | 1.8% | +17.0% |
| 2024 | 1.5% | -17.6% |
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) … total 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 |
|---|---|---|---|
| 2006 | +304.2% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | 0.0% | 0.6% | 10 |
| 2010s | 1.4% | 0.6% | 2.0% | 10 |
| 2020s | 1.4% | 1.2% | 1.8% | 5 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 13.91 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.26 % 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 US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Lao People's Democratic Republic?
- Volume of remittances (in united states dollars) as a proportion of in Lao People's Democratic Republic was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Lao People's Democratic Republic?
- The highest recorded value was 2.0% in 2012.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 2005.
- How does Lao People's Democratic Republic rank for volume of remittances (in united states dollars) as a proportion of?
- Lao People's Democratic Republic ranks 121st out of 205 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 5.5%. 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 United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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