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Laos GDP

Laos has the 118th largest economy in the world . The gross domestic product (GDP) of Laos is $3.45 (USD Billion) and its growth was 8.62% from 2015 to 2006. Its highest GDP was recorded in 2015 and its average GDP in the last 10 years is $7.90 (USD Billion).

Laos GDP per capita is $591.36 (USD). However, when factoring in purchase power parity (PPP), it becomes $2,897.09 (USD), making it the 124th richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $4,175.96 (USD).

GDP Of Laos Per Year

Laos's GDP & Other Economic Statistics

Laos GDP Current Previous Highest Unit
GNI per capita, PPP 2,740.00 5,380.00 5,380.00 International $
GNI, PPP 15.98 36.61 36.61 International $ Billion
GNI 3.26 11.69 11.69 USD Billion
Gross domestic savings 743.62 2,905.33 2,905.33 USD Million
GDP per capita, PPP 2,897.09 5,675.49 5,675.49 International $
GDP per capita growth 6.87 5.22 6.87 %
GDP per capita 591.36 1,812.33 1,812.33 USD
GDP growth 8.62 7.00 8.62 %
GDP 3.45 12.33 12.33 USD Billion
Services, etc., value added 1.21 4.87 4.87 USD Billion
Industry, value added 903.81 3,590.88 3,590.88 USD Million
Manufacturing, value added 273.46 1,087.22 1,087.22 USD Million
Agriculture, value added 1.15 3.17 3.17 USD Billion
Gross fixed capital formation 934.38 4,052.38 4,052.38 USD Million
Tax revenue 10.49 14.83 14.83 % of GDP
Source: www.worldatlas.com | World Bank

What is Gross Domestic Product (GDP)?

Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Laos – current values and historical information. The information was last updated 2016.

GDP Of Laos vs. Other Countries

Rank Country GDP (USD Billion), 2015
113 Georgia 13.97
114 Zimbabwe 13.89
115 Senegal 13.78
116 Mali 13.10
117 Nicaragua 12.69
118 Laos 12.33
119 Mongolia 11.76
120 Namibia 11.55
121 Mauritius 11.51
122 Albania 11.46
123 Burkina Faso 11.10
The GDP of Laos is tabulated by govermental institutions and was last updated on May 9th, 2017.