The Gross Domestic Product (GDP) in Laos was worth 19.14 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Laos represents 0.02 percent of the world economy. source: World Bank

GDP in Laos averaged 5.60 USD Billion from 1984 until 2020, reaching an all time high of 19.14 USD Billion in 2020 and a record low of 0.60 USD Billion in 1988. This page provides the latest reported value for - Laos GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos GDP - values, historical data and charts - was last updated on December of 2021.

GDP in Laos is expected to reach 19.90 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos GDP is projected to trend around 20.40 USD Billion in 2022, according to our econometric models.

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Laos GDP

Related Last Previous Unit Reference
GDP 19.14 18.25 USD Billion Dec/20
GDP per capita 2546.45 2572.83 USD Dec/20
GDP per capita PPP 7805.80 7886.70 USD Dec/20
GDP From Utilities 17000.00 14150.00 LAK Billion Dec/20
GDP From Transport 1888.00 1944.00 LAK Billion Dec/20
GDP From Services 51783.00 52409.00 LAK Billion Dec/20
GDP From Public Administration 8133.00 7695.00 LAK Billion Dec/20
GDP From Mining 8233.00 9885.00 LAK Billion Dec/20
GDP From Manufacturing 11986.00 10622.00 LAK Billion Dec/20
GDP From Construction 13661.00 11936.00 LAK Billion Dec/20
GDP From Agriculture 18404.00 18194.00 LAK Billion Dec/20
Laos GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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