The Gross Domestic Product (GDP) in Laos was worth 18.83 billion US dollars in 2021, according to official data from the World Bank. The GDP value of Laos represents less than 0.01 percent of the world economy. source: World Bank
GDP in Laos averaged 5.95 USD Billion from 1984 until 2021, reaching an all time high of 18.98 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 July of 2022.
GDP in Laos is expected to reach 20.40 USD Billion by the end of 2022, 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 2023, according to our econometric models.