Lao PDR - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Lao PDR was 18,779,400,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 18,779,400,000,000 in 2020 and a minimum value of 10,329,700,000,000 in 2000.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

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

Year Value
2000 10,329,700,000,000
2001 10,719,100,000,000
2002 11,145,700,000,000
2003 11,425,500,000,000
2004 11,816,600,000,000
2005 11,983,800,000,000
2006 12,482,000,000,000
2007 13,406,300,000,000
2008 13,869,900,000,000
2009 14,262,400,000,000
2010 14,660,800,000,000
2011 14,732,300,000,000
2012 15,138,000,000,000
2013 15,567,000,000,000
2014 16,213,000,000,000
2015 16,791,000,000,000
2016 17,254,000,000,000
2017 17,750,000,000,000
2018 17,975,000,000,000
2019 18,194,000,000,000
2020 18,779,400,000,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts