Laos LA: GDP: Market Price: Linked Series

Laos LA: GDP: Market Price: Linked Series data was reported at 140,749,000.000 LAK mn in 2017. This records an increase from the previous number of 129,279,119.486 LAK mn for 2016. Laos LA: GDP: Market Price: Linked Series data is updated yearly, averaging 21,277,279.467 LAK mn from Dec 1989 to 2017, with 29 observations. The data reached an all-time high of 140,749,000.000 LAK mn in 2017 and a record low of 416,300.007 LAK mn in 1989. Laos LA: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

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