Laos Nominal GDP Growth
Key information about Laos Nominal GDP Growth
- Laos Nominal GDP Growth was reported at 22.530 % in Dec 2024.
- This records a decrease from the previous number of 23.128 % for Dec 2023.
- Laos Nominal GDP Growth data is updated yearly, averaging 18.154 % from Dec 1985 to 2024, with 40 observations.
- The data reached an all-time high of 144.631 % in 1999 and a record low of 6.309 % in 2020.
- Laos Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.
CEIC calculates annual Nominal GDP Growth from annual Nominal GDP. Lao Statistics Bureau provides Nominal GDP in local currency based on SNA 2008. Nominal GDP Growth prior to 2013 is calculated from Nominal GDP based on SNA 1993, and prior to 2003 is calculated from Nominal GDP sourced from the World Bank.
View Laos's Nominal GDP Growth from 1985 to 2024 in the chart:
What was Laos's Nominal GDP Growth in 2024?
Laos Nominal GDP Growth was reported at 22.530 % in Dec 2024. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 22.530 2024 | 23.128 2023 | 6.309 2020 | 144.631 1999 | % | yearly | 1985 - 2024 |
Nominal GDP Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 5.891 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Algeria (%) | 5.091 Jun 2025 | quarterly | Mar 2000 - Jun 2025 |
| Argentina (%) | 40.774 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Armenia (%) | 10.450 Sep 2025 | quarterly | Dec 1995 - Sep 2025 |
| Australia (%) | 5.368 Sep 2025 | quarterly | Sep 1960 - Sep 2025 |
| Austria (%) | 3.115 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Azerbaijan (%) | 3.773 Jun 2025 | quarterly | Mar 2002 - Jun 2025 |
| Bahrain (%) | 2.270 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Bangladesh (%) | 10.996 2025 | yearly | 2007 - 2025 |
| Belarus (%) | 14.243 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Belgium (%) | 3.271 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Bolivia (%) | 2.137 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Bosnia and Herzegovina (%) | 5.053 Jun 2025 | quarterly | Mar 2009 - Jun 2025 |
| Botswana (%) | 1.238 Jun 2025 | quarterly | Sep 1994 - Jun 2025 |
| Brazil (%) | 7.287 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Brunei (%) | -5.658 Jun 2025 | quarterly | Mar 2005 - Jun 2025 |
| Bulgaria (%) | 15.004 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cambodia (%) | 8.470 2024 | yearly | 1994 - 2024 |
| Canada (%) | 3.940 Sep 2025 | quarterly | Mar 1958 - Sep 2025 |
| Chile (%) | 8.709 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| China (%) | 3.728 Sep 2025 | quarterly | Mar 1993 - Sep 2025 |
| Colombia (%) | 9.553 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Croatia (%) | 7.989 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Cyprus (%) | 4.263 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Czech Republic (%) | 6.145 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Denmark (%) | 4.401 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Ecuador (%) | 4.705 Jun 2025 | quarterly | Mar 1992 - Jun 2025 |
| Egypt (%) | 24.367 Jun 2025 | quarterly | Sep 2002 - Jun 2025 |
| Estonia (%) | 4.030 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| European Union (%) | 4.408 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Finland (%) | 1.802 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| France (%) | 1.784 Sep 2025 | quarterly | Mar 1950 - Sep 2025 |
| Georgia (%) | 11.387 Sep 2025 | quarterly | Mar 1997 - Sep 2025 |
| Germany (%) | 3.431 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Ghana (%) | 15.805 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Greece (%) | 5.193 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Hong Kong SAR, China (%) | 4.833 Sep 2025 | quarterly | Mar 1974 - Sep 2025 |
| Hungary (%) | 5.999 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Iceland (%) | 7.308 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| India (%) | 8.733 Sep 2025 | quarterly | Jun 1997 - Sep 2025 |
| Indonesia (%) | 7.469 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Iran (%) | 38.571 Jun 2025 | quarterly | Jun 1989 - Jun 2025 |
| Ireland (%) | 11.473 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Israel (%) | 4.844 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Italy (%) | 3.045 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Ivory Coast (%) | 12.304 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 4.054 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Jordan (%) | 4.972 Jun 2025 | quarterly | Mar 1993 - Jun 2025 |
| Kazakhstan (%) | 17.890 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Kenya (%) | 11.292 Jun 2025 | quarterly | Mar 2010 - Jun 2025 |
| South Korea (%) | 4.620 Sep 2025 | quarterly | Mar 1961 - Sep 2025 |
| Kosovo (%) | 7.100 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Kuwait (%) | -7.792 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Kyrgyzstan (%) | 21.743 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Laos (%) | 22.530 2024 | yearly | 1985 - 2024 |
| Latvia (%) | 7.758 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Lebanon (%) | 323.929 2023 | yearly | 1998 - 2023 |
| Lithuania (%) | 6.237 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Luxembourg (%) | 2.358 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Macau SAR, China (%) | 6.317 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| North Macedonia (%) | 11.445 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
| Malaysia (%) | 5.214 Sep 2025 | quarterly | Mar 1992 - Sep 2025 |
| Malta (%) | 5.721 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Mauritius (%) | 6.497 Sep 2025 | quarterly | Mar 2000 - Sep 2025 |
| Mexico (%) | 4.042 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Moldova (%) | 12.282 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Mongolia (%) | 7.807 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Montenegro (%) | 7.718 Sep 2025 | quarterly | Mar 2007 - Sep 2025 |
| Morocco (%) | 7.786 Jun 2025 | quarterly | Mar 2008 - Jun 2025 |
| Mozambique (%) | 8.752 2024 | yearly | 1964 - 2024 |
| Nepal (%) | 7.053 2025 | yearly | 2002 - 2025 |
| Netherlands (%) | 5.132 Sep 2025 | quarterly | Mar 1989 - Sep 2025 |
| New Zealand (%) | 4.286 Jun 2025 | quarterly | Jun 1988 - Jun 2025 |
| Nigeria (%) | 19.229 Jun 2025 | quarterly | Mar 2011 - Jun 2025 |
| Norway (%) | 2.160 Sep 2025 | quarterly | Mar 1979 - Sep 2025 |
| Oman (%) | -0.390 Sep 2025 | quarterly | Mar 2006 - Sep 2025 |
| Pakistan (%) | 14.430 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -9.281 Jun 2025 | quarterly | Mar 2001 - Jun 2025 |
| Panama (%) | 4.158 Sep 2025 | quarterly | Mar 2008 - Sep 2025 |
| Paraguay (%) | 9.042 Jun 2025 | quarterly | Mar 1995 - Jun 2025 |
| Peru (%) | 7.408 Sep 2025 | quarterly | Mar 1991 - Sep 2025 |
| Philippines (%) | 4.850 Sep 2025 | quarterly | Mar 1982 - Sep 2025 |
| Poland (%) | 6.271 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Portugal (%) | 6.673 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Qatar (%) | -0.262 Jun 2025 | quarterly | Mar 2012 - Jun 2025 |
| Romania (%) | 9.081 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Russia (%) | 7.166 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Saudi Arabia (%) | 2.499 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Serbia (%) | 8.217 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| Singapore (%) | 3.395 Sep 2025 | quarterly | Mar 1976 - Sep 2025 |
| Slovakia (%) | 4.419 Jun 2025 | quarterly | Mar 1996 - Jun 2025 |
| Slovenia (%) | 5.301 Sep 2025 | quarterly | Mar 1996 - Sep 2025 |
| South Africa (%) | 2.772 Jun 2025 | quarterly | Mar 1961 - Jun 2025 |
| Spain (%) | 5.675 Sep 2025 | quarterly | Mar 1971 - Sep 2025 |
| Sri Lanka (%) | 12.636 Sep 2025 | quarterly | Mar 2003 - Sep 2025 |
| Sudan (%) | 141.527 2021 | yearly | 1961 - 2021 |
| Sweden (%) | 3.734 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Switzerland (%) | 0.565 Sep 2025 | quarterly | Mar 1981 - Sep 2025 |
| Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doLaos Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 418.6 Sep 2025 | quarterly | Dec 1992 - Sep 2025 |
| Total Exports (USD mn) | 2,977.3 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Total Exports Growth (%) | 34.2 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Aluminum: Exports (USD th) | 2,423.278 2024 | yearly | 1995 - 2024 |
| Exports: Medicament (USD th) | 657.895 2024 | yearly | 1995 - 2024 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 292.555 2024 | yearly | 1995 - 2024 |
| Total Imports (USD mn) | 2,558.7 Sep 2025 | quarterly | Mar 2004 - Sep 2025 |
| Total Imports Growth (%) | 25.5 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
| Imports: Medicament (USD th) | 36,100.631 2024 | yearly | 1995 - 2024 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 57,439.257 2024 | yearly | 1995 - 2024 |
| Total Exports to USA (USD mn) | 9.368 Aug 2025 | monthly | Feb 2005 - Aug 2025 |
| Total Imports from USA (USD mn) | 1.268 Aug 2025 | monthly | Aug 2003 - Aug 2025 |
| Total Exports to China (USD mn) | 542.085 Aug 2025 | monthly | Dec 1996 - Aug 2025 |
| Total Imports from China (USD mn) | 110.709 Aug 2025 | monthly | Dec 1996 - Aug 2025 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 220.430 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Agricultural Products (USD mn) | 147.760 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Plastic and Rubber Products (USD mn) | 142.090 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Electrical Machinery and Equipment (USD mn) | 259.880 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 188.310 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Mineral Products (USD mn) | 462.100 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 194.390 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 297.920 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 153.890 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Extra-ASEAN: China (USD th) | 1,964,647.000 2023 | yearly | 2010 - 2023 |
| Imports: Intra-ASEAN: Vietnam (USD th) | 532,132.000 2023 | yearly | 2010 - 2023 |
| Imports: Extra-ASEAN: EU 27 Countries (USD th) | 101,441.000 2023 | yearly | 2010 - 2023 |
| Exports: Intra-ASEAN: Vietnam (USD th) | 1,390,684.000 2023 | yearly | 2007 - 2023 |
| Exports: Extra-ASEAN: EU 27 Countries (USD th) | 269,683.000 2023 | yearly | 2007 - 2023 |
| Imports: Extra-ASEAN: Japan (USD th) | 93,722.000 2023 | yearly | 2010 - 2023 |
| Imports: Intra-ASEAN: Thailand (USD th) | 3,844,420.000 2023 | yearly | 2010 - 2023 |
| Exports: Intra-ASEAN: Thailand (USD th) | 2,883,854.000 2023 | yearly | 2007 - 2023 |
| Exports: Extra-ASEAN: China (USD th) | 2,504,404.000 2023 | yearly | 2007 - 2023 |
| Exports: Extra-ASEAN: India (USD th) | 101,542.000 2023 | yearly | 2008 - 2023 |
| Export Value Index (2015=100) | 210.618 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 99.478 2021 | yearly | 2000 - 2021 |
| Import Volume Index (2015=100) | 88.616 2021 | yearly | 2000 - 2021 |
| Import Value Index (2015=100) | 110.567 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 309.1 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Current Account Balance: % of GDP (%) | 3.3 2024 | yearly | 1984 - 2024 |
| Foreign Direct Investment (USD mn) | 327.8 Sep 2025 | quarterly | Mar 2001 - Sep 2025 |
| Foreign Direct Investment: % of GDP (%) | 6.1 2024 | yearly | 1988 - 2024 |
| Foreign Portfolio Investment (USD mn) | -88.987 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Foreign Portfolio Investment: % of GDP (%) | -1.8 2024 | yearly | 1984 - 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2025 | quarterly | Mar 1994 - Sep 2025 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -88.987 Sep 2025 | quarterly | Mar 1999 - Sep 2025 |
| External Debt (USD mn) | 10,350.5 2024 | yearly | 1996 - 2024 |
| External Debt: % of GDP (%) | 68.7 2024 | yearly | 1996 - 2024 |
| Forecast: Current Account Balance (USD bn) | -0.128 2030 | yearly | 1980 - 2030 |
| BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
| Foreign Direct Investment (FDI) (USD mn) | 1,500.203 2023 | yearly | 2000 - 2023 |
| FDI: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
| FDI: France (USD th) | 0.000 2021 | yearly | 2000 - 2021 |
| FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
| FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
| 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 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.5 Jun 2025 | quarterly | Dec 2017 - Jun 2025 |
| Money Supply M1 (USD mn) | 1,074.015 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| Money Supply M2 (USD mn) | 16,240.862 Sep 2025 | quarterly | Dec 1999 - Sep 2025 |
| M2 Growth (%) | 15.7 Sep 2025 | quarterly | Dec 2000 - Sep 2025 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2025 | monthly | Jan 2002 - Nov 2025 |
| Foreign Exchange Reserves (USD mn) | 2,642.9 Jun 2025 | monthly | Dec 1988 - Jun 2025 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.9 Jun 2025 | quarterly | Mar 2004 - Jun 2025 |
| Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
| Total Deposits (USD mn) | 17,130.491 Jun 2025 | quarterly | Dec 2004 - Jun 2025 |
| Total Deposits Growth (%) | 12.7 Jun 2025 | quarterly | Dec 2005 - Jun 2025 |
| Domestic Credit (USD mn) | 11,888.1 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Domestic Credit Growth (%) | 10.9 Sep 2025 | quarterly | Dec 1992 - Sep 2025 |
| Total Loans (USD mn) | 10,651.867 Sep 2025 | quarterly | Dec 2004 - Sep 2025 |
| Total Loans Growth (%) | 15.11 Sep 2025 | quarterly | Dec 2005 - Sep 2025 |
| Private Debt: % of Nominal GDP (%) | 56.96 2024 | yearly | 2012 - 2024 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 21,958.236 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 332,044.425 Sep 2025 | quarterly | Dec 1991 - Sep 2025 |
| Reserve Requirement Rate: LAK (%) | 8.000 2024 | yearly | 1989 - 2024 |
| Commercial Banks (CB): Deposits (LAK bn) | 309,487.370 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
| Commercial Banks (CB): Loans: Total (LAK bn) | 189,193.228 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
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