Laos Nominal GDP

1984 - 2021 | Yearly | USD mn | CEIC Data

Key information about Laos Nominal GDP

  • Laos Nominal GDP reached 19.1 USD bn in Dec 2021, compared with 19.1 USD bn in the previous year.
  • Nominal GDP in Laos is updated yearly, available from Dec 1984 to Dec 2021, with an average number of 2.2 USD bn.
  • The data reached an all-time high of 19.1 USD bn in Dec 2020 and a record low of 599.0 USD mn in Dec 1988.

CEIC converts annual Nominal GDP into USD. Lao Statistics Bureau provides Nominal GDP in local currency based on SNA 2008. The Bank of the Lao PDR average market exchange rate is used for currency conversions. Nominal GDP prior to 2012 is based on SNA 1993 and prior to 2002 is sourced from the World Bank.


Related information about Laos Nominal GDP

  • In the latest reports, Laos GDP expanded 3.5 % YoY in Dec 2021.
  • Its GDP deflator (implicit price deflator) increased 3.6 % in Dec 2021.
  • Laos GDP Per Capita reached 2,595.0 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 18.4 % in Dec 2016.
  • For Nominal GDP contributions, Investment accounted for 29.0 % in Dec 2016.
  • Public Consumption accounted for 14.0 % in Dec 2016.
  • Private Consumption accounted for 64.4 % in Dec 2016.

View Laos's Nominal GDP from 1984 to 2021 in the chart:

Laos Nominal GDP

What was Laos's Nominal GDP in 2021?

Laos Nominal GDP reached 19.1 USD bn in Dec 2021, compared with 19.1 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
19,074.4 2021 19,082.0 2020 599.0 1988 19,082.0 2020 USD mn yearly 1984 - 2021

Nominal GDP by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) 4,763.0 Mar 2022 quarterly Mar 2008 - Mar 2022
Algeria (USD mn) 42,572.7 Dec 2021 quarterly Mar 1999 - Dec 2021
Argentina (USD mn) 138,555.9 Mar 2022 quarterly Mar 1993 - Mar 2022
Armenia (USD mn) 3,051.7 Mar 2022 quarterly Dec 1994 - Mar 2022
Australia (USD mn) 420,831.4 Mar 2022 quarterly Sep 1959 - Mar 2022
Austria (USD mn) 119,900.2 Mar 2022 quarterly Mar 1988 - Mar 2022
Azerbaijan (USD mn) 17,562.3 Mar 2022 quarterly Mar 2001 - Mar 2022
Bahrain (USD mn) 10,806.5 Mar 2022 quarterly Mar 2007 - Mar 2022
Bangladesh (USD mn) 460,749.7 2022 yearly 1960 - 2022
Belarus (USD mn) 15,525.0 Mar 2022 quarterly Mar 1994 - Mar 2022
Belgium (USD mn) 153,432.8 Mar 2022 quarterly Mar 1980 - Mar 2022
Bolivia (USD mn) 11,251.1 Dec 2021 quarterly Mar 1990 - Dec 2021
Bosnia and Herzegovina (USD mn) 4,904.4 Mar 2022 quarterly Mar 2008 - Mar 2022
Botswana (USD mn) 4,650.1 Mar 2022 quarterly Sep 1993 - Mar 2022
Brazil (USD mn) 501,450.0 Jun 2022 quarterly Mar 1990 - Jun 2022
Brunei (USD mn) 3,853.9 Dec 2021 quarterly Mar 2004 - Dec 2021
Bulgaria (USD mn) 18,822.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Cambodia (USD mn) 26,985.6 2021 yearly 1993 - 2021
Canada (USD mn) 532,603.6 Mar 2022 quarterly Mar 1957 - Mar 2022
Chile (USD mn) 79,926.2 Mar 2022 quarterly Mar 1990 - Mar 2022
China (USD mn) 4,425,637.1 Jun 2022 quarterly Mar 1992 - Jun 2022
Colombia (USD mn) 86,226.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Croatia (USD mn) 15,810.7 Mar 2022 quarterly Mar 1995 - Mar 2022
Cyprus (USD mn) 6,955.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Czech Republic (USD mn) 74,656.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Denmark (USD mn) 101,212.2 Mar 2022 quarterly Mar 1990 - Mar 2022
Ecuador (USD mn) 27,717.7 Dec 2021 quarterly Mar 1991 - Dec 2021
Egypt (USD mn) 96,155.5 Jun 2021 quarterly Sep 2001 - Jun 2021
Estonia (USD mn) 9,635.6 Mar 2022 quarterly Mar 1995 - Mar 2022
European Union (USD mn) 4,273,111.9 Mar 2022 quarterly Mar 1999 - Mar 2022
Finland (USD mn) 74,163.5 Mar 2022 quarterly Mar 1990 - Mar 2022
France (USD mn) 720,979.7 Mar 2022 quarterly Mar 1957 - Mar 2022
Georgia (USD mn) 4,610.4 Mar 2022 quarterly Mar 2010 - Mar 2022
Germany (USD mn) 1,015,177.8 Jun 2022 quarterly Mar 1960 - Jun 2022
Ghana (USD mn) 21,594.6 Mar 2022 quarterly Mar 2006 - Mar 2022
Greece (USD mn) 55,947.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Hong Kong SAR, China (USD mn) 86,893.9 Mar 2022 quarterly Mar 1973 - Mar 2022
Hungary (USD mn) 42,058.0 Mar 2022 quarterly Mar 1995 - Mar 2022
Iceland (USD mn) 6,926.9 Mar 2022 quarterly Mar 1995 - Mar 2022
India (USD mn) 879,815.8 Mar 2022 quarterly Jun 1996 - Mar 2022
Indonesia (USD mn) 314,608.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Iran (USD mn) 393,335.2 Dec 2021 quarterly Jun 1988 - Dec 2021
Ireland (USD mn) 131,137.2 Mar 2022 quarterly Mar 1995 - Mar 2022
Israel (USD mn) 128,146.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Italy (USD mn) 516,458.7 Mar 2022 quarterly Mar 1980 - Mar 2022
Ivory Coast (USD mn) 10,091.2 Sep 2018 quarterly Mar 1997 - Sep 2018
Japan (USD mn) 1,165,764.4 Mar 2022 quarterly Mar 1957 - Mar 2022
Jordan (USD mn) 10,972.4 Mar 2022 quarterly Mar 1992 - Mar 2022
Kazakhstan (USD mn) 43,278.1 Mar 2022 quarterly Mar 1994 - Mar 2022
Kenya (USD mn) 28,077.8 Dec 2021 quarterly Mar 2009 - Dec 2021
South Korea (USD mn) 442,007.2 Mar 2022 quarterly Mar 1960 - Mar 2022
Kosovo (USD mn) 1,954.1 Mar 2022 quarterly Mar 2010 - Mar 2022
Kuwait (USD mn) 27,984.3 Dec 2020 quarterly Mar 2010 - Dec 2020
Kyrgyzstan (USD mn) 1,626.7 Mar 2022 quarterly Mar 2000 - Mar 2022
Laos (USD mn) 19,074.4 2021 yearly 1984 - 2021
Latvia (USD mn) 10,431.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Lebanon (USD mn) 63,482.3 2020 yearly 1997 - 2020
Lithuania (USD mn) 17,394.5 Mar 2022 quarterly Mar 1995 - Mar 2022
Luxembourg (USD mn) 22,327.9 Mar 2022 quarterly Mar 1995 - Mar 2022
Macau SAR, China (USD mn) 6,655.4 Mar 2022 quarterly Mar 1998 - Mar 2022
North Macedonia (USD mn) 3,290.8 Mar 2022 quarterly Mar 2000 - Mar 2022
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 100,790.2 Mar 2022 quarterly Mar 1991 - Mar 2022
Malta (USD mn) 4,248.6 Mar 2022 quarterly Mar 1992 - Mar 2022
Mauritius (USD mn) 2,906.6 Mar 2022 quarterly Mar 1999 - Mar 2022
Mexico (USD mn) 340,362.7 Mar 2022 quarterly Mar 1993 - Mar 2022
Moldova (USD mn) 3,110.4 Mar 2022 quarterly Mar 1995 - Mar 2022
Mongolia (USD mn) 3,329.9 Mar 2022 quarterly Mar 2000 - Mar 2022
Montenegro (USD mn) 1,152.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Morocco (USD mn) 34,565.6 Mar 2022 quarterly Mar 1990 - Mar 2022
Mozambique (USD mn) 15,777.0 2021 yearly 1963 - 2021
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 36,288.8 2021 yearly 2001 - 2021
Netherlands (USD mn) 255,069.4 Mar 2022 quarterly Mar 1988 - Mar 2022
New Zealand (USD mn) 61,582.6 Mar 2022 quarterly Jun 1987 - Mar 2022
Nigeria (USD mn) 109,066.7 Mar 2022 quarterly Mar 2010 - Mar 2022
Norway (USD mn) 139,600.3 Mar 2022 quarterly Mar 1978 - Mar 2022
Oman (USD mn) 22,836.9 Dec 2021 quarterly Mar 2005 - Dec 2021
Pakistan (USD mn) 377,286.3 2022 yearly 2000 - 2022
Palestinian Territory (USD mn) 4,898.6 Mar 2022 quarterly Mar 2000 - Mar 2022
Panama (USD mn) 17,623.7 Mar 2022 quarterly Mar 2007 - Mar 2022
Paraguay (USD mn) 10,335.3 Mar 2022 quarterly Mar 1994 - Mar 2022
Peru (USD mn) 56,146.1 Mar 2022 quarterly Mar 1979 - Mar 2022
Philippines (USD mn) 95,679.9 Mar 2022 quarterly Mar 1981 - Mar 2022
Poland (USD mn) 166,745.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Portugal (USD mn) 63,994.3 Mar 2022 quarterly Mar 1995 - Mar 2022
Qatar (USD mn) 54,323.6 Mar 2022 quarterly Mar 2010 - Mar 2022
Romania (USD mn) 77,990.8 Mar 2022 quarterly Mar 1995 - Mar 2022
Russia (USD mn) 404,404.3 Mar 2022 quarterly Mar 1993 - Mar 2022
Saudi Arabia (USD mn) 251,950.4 Mar 2022 quarterly Mar 2003 - Mar 2022
Serbia (USD mn) 14,696.0 Mar 2022 quarterly Mar 1996 - Mar 2022
Singapore (USD mn) 106,889.7 Mar 2022 quarterly Mar 1975 - Mar 2022
Slovakia (USD mn) 28,404.6 Mar 2022 quarterly Mar 1995 - Mar 2022
Slovenia (USD mn) 15,667.3 Mar 2022 quarterly Mar 1995 - Mar 2022
South Africa (USD mn) 102,855.7 Dec 2021 quarterly Mar 1960 - Dec 2021
Spain (USD mn) 341,008.7 Jun 2022 quarterly Mar 1970 - Jun 2022
Sri Lanka (USD mn) 23,186.9 Dec 2021 quarterly Mar 2002 - Dec 2021
Sudan (USD mn) 73,427.7 2020 yearly 1960 - 2020
Sweden (USD mn) 146,923.1 Mar 2022 quarterly Mar 1980 - Mar 2022
Switzerland (USD mn) 208,270.1 Mar 2022 quarterly Mar 1980 - Mar 2022

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Laos Key Series

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 2021 yearly 2012 - 2021
Consolidated Fiscal Balance (USD mn) -240.162 2021 yearly 2010 - 2021
Tax Revenue (USD mn) 1,911.098 2021 yearly 2010 - 2021
Tax Revenue: % of GDP (%) 10.0 2021 yearly 2012 - 2021
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 10.386 2027 yearly 1980 - 2027
Trade Balance (USD mn) 250.6 Dec 2020 quarterly Dec 1992 - Dec 2020
Total Exports (USD mn) 2,114.2 Mar 2022 quarterly Mar 2004 - Mar 2022
Total Exports Growth (%) 3.8 Mar 2022 quarterly Mar 2005 - Mar 2022
Aluminum: Exports (USD th) 910.296 2021 yearly 1995 - 2021
Exports: Medicament (USD th) 262.842 2021 yearly 1995 - 2021
Exports: Medicinal and Pharmaceutical Product (USD th) 260.185 2021 yearly 1995 - 2021
Total Imports (USD mn) 1,713.3 Mar 2022 quarterly Mar 2004 - Mar 2022
Total Imports Growth (%) -0.5 Mar 2022 quarterly Mar 2005 - Mar 2022
Imports: Medicament (USD th) 28,342.022 2021 yearly 1995 - 2021
Imports: Medicinal and Pharmaceutical Product (USD th) 44,283.199 2021 yearly 1995 - 2021
Total Exports to USA (USD mn) 19.224 Apr 2022 monthly Feb 2005 - Apr 2022
Total Imports from USA (USD mn) 4.620 Apr 2022 monthly Aug 2003 - Apr 2022
Total Exports to China (USD mn) 342.909 Apr 2022 monthly Dec 1996 - Apr 2022
Total Imports from China (USD mn) 201.771 Apr 2022 monthly Dec 1996 - Apr 2022
Exports: Mineral Products (USD mn) 383.070 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Electrical Machinery and Equipment (USD mn) 157.350 Dec 2020 quarterly Dec 2018 - Dec 2020
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 84.790 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Machinery and Mechanical Equipment (USD mn) 219.140 Dec 2020 quarterly Dec 2018 - Dec 2020
Exports: Plastic and Rubber Products (USD mn) 113.220 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 212.610 Dec 2020 quarterly Dec 2018 - Dec 2020
Exports: Agricultural Products (USD mn) 216.790 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Iron, Steel and Other Metal Products (USD mn) 124.620 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 159.320 Dec 2020 quarterly Dec 2018 - Dec 2020
Imports: Extra-ASEAN: Japan (USD th) 175,234.000 2021 yearly 2010 - 2021
Exports: Extra-ASEAN: India (USD th) 75,076.000 2021 yearly 2008 - 2021
Imports: Extra-ASEAN: China (USD th) 1,329,354.000 2021 yearly 2010 - 2021
Exports: Extra-ASEAN: China (USD th) 2,247,966.000 2021 yearly 2007 - 2021
Imports: Intra-ASEAN: Vietnam (USD th) 466,841.000 2021 yearly 2010 - 2021
Exports: Intra-ASEAN: Vietnam (USD th) 1,268,960.000 2021 yearly 2007 - 2021
Imports: Extra-ASEAN: EU 27 Countries (USD th) 131,167.000 2021 yearly 2010 - 2021
Exports: Extra-ASEAN: EU 27 Countries (USD th) 193,419.000 2021 yearly 2007 - 2021
Imports: Intra-ASEAN: Thailand (USD th) 2,756,219.000 2021 yearly 2010 - 2021
Exports: Intra-ASEAN: Thailand (USD th) 2,784,686.000 2021 yearly 2007 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 126.9 Mar 2022 quarterly Mar 1994 - Mar 2022
Current Account Balance: % of GDP (%) 2.3 2021 yearly 1984 - 2021
Foreign Direct Investment (USD mn) 130.9 Mar 2022 quarterly Mar 2001 - Mar 2022
Foreign Direct Investment: % of GDP (%) 5.6 2021 yearly 1988 - 2021
Foreign Portfolio Investment (USD mn) 7.348 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: % of GDP (%) -1.6 2021 yearly 1984 - 2021
Foreign Portfolio Investment: Equity Securities (USD mn) 7.3 Mar 2022 quarterly Mar 1994 - Mar 2022
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Mar 2022 quarterly Mar 1999 - Mar 2022
External Debt (USD mn) 10,213.4 2021 yearly 1996 - 2021
External Debt: % of GDP (%) 53.8 2021 yearly 1996 - 2021
Forecast: Current Account Balance (USD bn) -1.575 2027 yearly 1980 - 2027
BoP: FA: Porfolio Investment (USD mn) 361.05 Dec 2017 quarterly Mar 2004 - Dec 2017
FDI: China (USD th) 1,072,237.229 2019 yearly 2000 - 2019
FDI: France (USD th) 440,000.000 2019 yearly 2000 - 2019
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: Korea (USD th) 0.000 2019 yearly 2000 - 2019
FDI: Thailand (USD th) 722,969.507 2019 yearly 2000 - 2019
FDI: Vietnam (USD th) 64,508.549 2019 yearly 2000 - 2019
FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) 711.800 2017 yearly 2015 - 2017
Foreign Direct Investment (FDI) (USD mn) 9,819.134 2019 yearly 2000 - 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.2 Mar 2022 quarterly Dec 2017 - Mar 2022
Money Supply M1 (USD mn) 1,479.117 Mar 2022 quarterly Dec 1999 - Mar 2022
Money Supply M2 (USD mn) 12,732.406 Mar 2022 quarterly Dec 1999 - Mar 2022
M2 Growth (%) 29.1 Mar 2022 quarterly Dec 2000 - Mar 2022
Reserve Requirement Ratio (%) 5.0 Jul 2022 monthly Jan 2002 - Jul 2022
Foreign Exchange Reserves (USD mn) 1,290.1 Mar 2022 monthly Dec 1988 - Mar 2022
Foreign Exchange Reserves: Months of Import (NA) 2.3 Mar 2022 quarterly Mar 2004 - Mar 2022
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 12,028.146 Dec 2020 quarterly Dec 2004 - Dec 2020
Total Deposits Growth (%) 18.4 Dec 2020 quarterly Dec 2005 - Dec 2020
Domestic Credit (USD mn) 10,088.1 Mar 2022 quarterly Dec 1991 - Mar 2022
Domestic Credit Growth (%) 29.6 Mar 2022 quarterly Dec 1992 - Mar 2022
Total Loans (USD mn) 8,080.012 Mar 2022 quarterly Dec 2004 - Mar 2022
Total Loans Growth (%) 21.63 Mar 2022 quarterly Dec 2005 - Mar 2022
Private Debt: % of Nominal GDP (%) 43.23 2021 yearly 2012 - 2021
Monetary Survey: Narrow Money (M1) (LAK bn) 17,132.609 Mar 2022 quarterly Dec 1991 - Mar 2022
Monetary Survey: Broad Money (M2) (LAK bn) 147,479.459 Mar 2022 quarterly Dec 1991 - Mar 2022
Reserve Requirement Rate: LAK (%) 3.000 2021 yearly 1989 - 2021
Commercial Banks (CB): Deposits (LAK bn) 111,549.030 Dec 2020 quarterly Dec 2004 - Dec 2020
Commercial Banks (CB): Loans: Total (LAK bn) 93,590.777 Mar 2022 quarterly Dec 2004 - Mar 2022

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