Lao PDR - External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Lao PDR was -8.67 as of 2016. Its highest value over the past 32 years was -3.58 in 1984, while its lowest value was -22.43 in 2012.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1984 -3.58
1985 -5.73
1986 -4.09
1987 -7.93
1988 -18.27
1989 -19.87
1990 -13.19
1991 -12.27
1992 -10.08
1993 -9.71
1994 -14.84
1995 -14.11
1996 -18.36
1997 -17.37
1998 -11.36
1999 -8.31
2000 -7.51
2001 -10.15
2002 -9.75
2003 -13.57
2004 -16.26
2005 -13.87
2006 -5.65
2007 -11.98
2008 -15.54
2009 -16.76
2010 -13.95
2011 -11.01
2012 -22.43
2013 -21.83
2014 -17.55
2015 -17.89
2016 -8.67

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts