Lao PDR - GDP

GDP (current US$)

The latest value for GDP (current US$) in Lao PDR was $19,132,640,000 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between $19,132,640,000 in 2020 and $598,961,300 in 1988.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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

See also:

Year Value
1984 $1,757,143,000
1985 $2,366,666,000
1986 $1,776,842,000
1987 $1,087,273,000
1988 $598,961,300
1989 $714,046,800
1990 $865,559,900
1991 $1,028,088,000
1992 $1,127,807,000
1993 $1,327,749,000
1994 $1,543,606,000
1995 $1,763,536,000
1996 $1,873,672,000
1997 $1,747,012,000
1998 $1,280,178,000
1999 $1,454,431,000
2000 $1,731,198,000
2001 $1,768,619,000
2002 $1,758,177,000
2003 $2,023,324,000
2004 $2,366,398,000
2005 $2,735,559,000
2006 $3,455,032,000
2007 $4,223,152,000
2008 $5,446,434,000
2009 $5,836,138,000
2010 $7,131,773,000
2011 $8,750,108,000
2012 $10,192,850,000
2013 $11,983,250,000
2014 $13,279,250,000
2015 $14,426,380,000
2016 $15,912,500,000
2017 $17,071,160,000
2018 $18,141,650,000
2019 $18,897,250,000
2020 $19,132,640,000

GDP (current LCU)

The value for GDP (current LCU) in Lao PDR was 173,070,000,000,000 as of 2020. As the graph below shows, over the past 36 years this indicator reached a maximum value of 173,070,000,000,000 in 2020 and a minimum value of 61,500,000,000 in 1984.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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

Year Value
1984 61,500,000,000
1985 106,500,000,000
1986 168,800,000,000
1987 190,400,000,000
1988 234,800,000,000
1989 416,300,000,000
1990 612,600,000,000
1991 721,800,000,000
1992 807,600,000,000
1993 951,000,000,000
1994 1,107,800,000,000
1995 1,419,100,000,000
1996 1,725,690,000,000
1997 2,201,200,000,000
1998 4,222,450,000,000
1999 10,329,400,000,000
2000 13,638,400,000,000
2001 15,701,800,000,000
2002 17,682,000,000,000
2003 21,277,300,000,000
2004 25,049,300,000,000
2005 29,147,800,000,000
2006 35,081,100,000,000
2007 40,553,800,000,000
2008 47,602,800,000,000
2009 49,673,400,000,000
2010 58,866,800,000,000
2011 70,256,900,000,000
2012 81,609,900,000,000
2013 93,867,600,000,000
2014 106,797,000,000,000
2015 117,252,000,000,000
2016 129,279,000,000,000
2017 140,749,000,000,000
2018 152,414,000,000,000
2019 164,017,000,000,000
2020 173,070,000,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Lao PDR was 173,070,000,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 173,070,000,000,000 in 2020 and 612,600,000,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 612,600,000,000
1991 721,800,000,000
1992 807,600,000,000
1993 951,000,000,000
1994 1,107,800,000,000
1995 1,419,100,000,000
1996 1,725,690,000,000
1997 2,201,200,000,000
1998 4,222,450,000,000
1999 10,329,400,000,000
2000 13,638,400,000,000
2001 15,701,800,000,000
2002 17,682,000,000,000
2003 21,277,300,000,000
2004 25,049,300,000,000
2005 29,147,800,000,000
2006 35,081,100,000,000
2007 40,553,800,000,000
2008 47,602,800,000,000
2009 49,673,400,000,000
2010 58,866,800,000,000
2011 70,256,900,000,000
2012 81,609,900,000,000
2013 93,867,600,000,000
2014 106,797,000,000,000
2015 117,252,000,000,000
2016 129,279,000,000,000
2017 140,749,000,000,000
2018 152,414,000,000,000
2019 164,017,000,000,000
2020 173,070,000,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Lao PDR was 18,584,860,000 as of 2020. Over the past 36 years, the value for this indicator has fluctuated between 18,584,860,000 in 2020 and 2,109,468,000 in 1984.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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

See also:

Year Value
1984 2,109,468,000
1985 2,216,417,000
1986 2,324,692,000
1987 2,291,547,000
1988 2,245,482,000
1989 2,564,131,000
1990 2,736,045,000
1991 2,853,601,000
1992 3,012,257,000
1993 3,190,358,000
1994 3,450,660,000
1995 3,693,285,000
1996 3,949,167,000
1997 4,220,558,000
1998 4,388,013,000
1999 4,708,618,000
2000 4,981,660,000
2001 5,268,176,000
2002 5,579,986,000
2003 5,918,524,000
2004 6,294,806,000
2005 6,742,213,000
2006 7,323,342,000
2007 7,879,684,000
2008 8,496,262,000
2009 9,133,633,000
2010 9,912,449,000
2011 10,709,280,000
2012 11,568,810,000
2013 12,497,360,000
2014 13,448,650,000
2015 14,426,380,000
2016 15,439,520,000
2017 16,503,700,000
2018 17,534,840,000
2019 18,491,850,000
2020 18,584,860,000

GDP (constant LCU)

The value for GDP (constant LCU) in Lao PDR was 131,103,000,000,000 as of 2020. As the graph below shows, over the past 36 years this indicator reached a maximum value of 131,103,000,000,000 in 2020 and a minimum value of 14,880,800,000,000 in 1984.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

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

Year Value
1984 14,880,800,000,000
1985 15,635,300,000,000
1986 16,399,100,000,000
1987 16,165,300,000,000
1988 15,840,300,000,000
1989 18,088,100,000,000
1990 19,300,900,000,000
1991 20,130,200,000,000
1992 21,249,400,000,000
1993 22,505,700,000,000
1994 24,342,000,000,000
1995 26,053,500,000,000
1996 27,858,600,000,000
1997 29,773,100,000,000
1998 30,954,400,000,000
1999 33,216,000,000,000
2000 35,142,100,000,000
2001 37,163,300,000,000
2002 39,362,900,000,000
2003 41,751,000,000,000
2004 44,405,400,000,000
2005 47,561,600,000,000
2006 51,661,000,000,000
2007 55,585,600,000,000
2008 59,935,200,000,000
2009 64,431,400,000,000
2010 69,925,400,000,000
2011 75,546,400,000,000
2012 81,609,900,000,000
2013 88,160,100,000,000
2014 94,870,800,000,000
2015 101,768,000,000,000
2016 108,915,000,000,000
2017 116,422,000,000,000
2018 123,696,000,000,000
2019 130,447,000,000,000
2020 131,103,000,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Lao PDR was 59,944,520,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 59,944,520,000 in 2020 and 4,365,386,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 4,365,386,000
1991 4,706,917,000
1992 5,081,845,000
1993 5,509,892,000
1994 6,086,704,000
1995 6,651,282,000
1996 7,242,324,000
1997 7,878,428,000
1998 8,283,205,000
1999 9,016,738,000
2000 9,752,855,000
2001 10,540,010,000
2002 11,340,430,000
2003 12,251,830,000
2004 13,381,580,000
2005 14,779,140,000
2006 16,538,790,000
2007 18,273,250,000
2008 20,086,360,000
2009 21,757,810,000
2010 23,888,230,000
2011 26,347,630,000
2012 31,202,110,000
2013 34,600,070,000
2014 39,000,300,000
2015 41,582,720,000
2016 46,849,970,000
2017 50,463,790,000
2018 54,904,080,000
2019 58,934,210,000
2020 59,944,520,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Lao PDR was 56,827,440,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 56,827,440,000 in 2020 and 8,366,077,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,366,077,000
1991 8,725,531,000
1992 9,210,658,000
1993 9,755,244,000
1994 10,551,180,000
1995 11,293,050,000
1996 12,075,470,000
1997 12,905,310,000
1998 13,417,350,000
1999 14,397,670,000
2000 15,232,560,000
2001 16,108,640,000
2002 17,062,070,000
2003 18,097,230,000
2004 19,247,800,000
2005 20,615,850,000
2006 22,392,780,000
2007 24,093,920,000
2008 25,979,250,000
2009 27,928,150,000
2010 30,309,560,000
2011 32,746,040,000
2012 35,374,270,000
2013 38,213,510,000
2014 41,122,310,000
2015 44,111,930,000
2016 47,209,840,000
2017 50,463,790,000
2018 53,616,750,000
2019 56,543,010,000
2020 56,827,440,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts