Lao PDR - Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Lao PDR was 4.55 as of 2016. As the graph below shows, over the past 15 years this indicator reached a maximum value of 31.13 in 2004 and a minimum value of -2.10 in 2002.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
2001 7.39
2002 -2.10
2003 2.73
2004 31.13
2005 16.23
2006 18.44
2007 15.78
2008 21.85
2009 9.45
2010 9.24
2011 17.10
2012 31.03
2013 13.39
2014 2.49
2015 4.05
2016 4.55

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts