Lao PDR - Trade in services (% of GDP)

Trade in services (% of GDP) in Lao PDR was 4.14 as of 2020. Its highest value over the past 36 years was 36.95 in 1998, while its lowest value was 2.71 in 1985.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1984 4.13
1985 2.71
1986 3.28
1987 5.92
1988 7.43
1989 6.76
1990 5.79
1991 8.31
1992 8.01
1993 14.16
1994 17.14
1995 13.22
1996 12.01
1997 25.27
1998 36.95
1999 22.38
2000 12.63
2001 11.09
2002 11.66
2003 7.70
2004 8.88
2005 8.89
2006 7.55
2007 7.62
2008 9.36
2009 9.13
2010 10.85
2011 10.06
2012 13.58
2013 15.35
2014 14.42
2015 13.33
2016 11.67
2017 11.11
2018 12.32
2019 12.84
2020 4.14

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments