Laos Gross Domestic Product: Share of GDP
Laos LA: GDP: % of GDP: Exports of Goods and Services
LA: GDP: % of GDP: Exports of Goods and Services data was reported at 34.340 % in 2017. This records an increase from the previous number of 33.209 % for 2016. LA: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 28.313 % from Dec 1984 to 2017, with 34 observations. The data reached an all-time high of 40.755 % in 2014 and a record low of 2.764 % in 1984. LA: GDP: % of GDP: Exports of Goods and Services 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.WDI: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 35.10 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: External Balance on Goods and Services
LA: GDP: % of GDP: External Balance on Goods and Services data was reported at -7.146 % in 2017. This records an increase from the previous number of -8.673 % for 2016. LA: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -12.732 % from Dec 1984 to 2017, with 34 observations. The data reached an all-time high of -3.577 % in 1984 and a record low of -22.432 % in 2012. LA: GDP: % of GDP: External Balance on Goods and Services 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.WDI: Gross Domestic Product: Share of GDP. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| -7.39 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Final Consumption Expenditure
LA: GDP: % of GDP: Final Consumption Expenditure data was reported at 78.384 % in 2016. This records a decrease from the previous number of 86.337 % for 2015. LA: GDP: % of GDP: Final Consumption Expenditure data is updated yearly, averaging 86.413 % from Dec 1984 to 2016, with 22 observations. The data reached an all-time high of 104.770 % in 1988 and a record low of 75.582 % in 2006. LA: GDP: % of GDP: Final Consumption Expenditure 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.WDI: Gross Domestic Product: Share of GDP. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 78.38 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Final Consumption Expenditure: General Government
LA: GDP: % of GDP: Final Consumption Expenditure: General Government data was reported at 12.897 % in 2017. This records a decrease from the previous number of 13.971 % for 2016. LA: GDP: % of GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 8.732 % from Dec 1984 to 2017, with 23 observations. The data reached an all-time high of 17.074 % in 2013 and a record low of 6.462 % in 2000. LA: GDP: % of GDP: Final Consumption Expenditure: General Government 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.WDI: Gross Domestic Product: Share of GDP. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 13.97 2016 | yearly | 1984 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Final Consumption Expenditure: General Government from 1984 to 2016 in the chart:
Laos LA: GDP: % of GDP: Final Consumption Expenditure: Household
LA: GDP: % of GDP: Final Consumption Expenditure: Household data was reported at 64.413 % in 2016. This records a decrease from the previous number of 71.230 % for 2015. LA: GDP: % of GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 75.339 % from Dec 1984 to 2016, with 22 observations. The data reached an all-time high of 93.910 % in 1988 and a record low of 64.413 % in 2016. LA: GDP: % of GDP: Final Consumption Expenditure: Household 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.WDI: Gross Domestic Product: Share of GDP. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 64.41 2016 | yearly | 1984 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Final Consumption Expenditure: Household from 1984 to 2016 in the chart:
Laos LA: GDP: % of GDP: Gross Capital Formation
LA: GDP: % of GDP: Gross Capital Formation data was reported at 29.042 % in 2017. This records an increase from the previous number of 29.008 % for 2016. LA: GDP: % of GDP: Gross Capital Formation data is updated yearly, averaging 29.040 % from Dec 1984 to 2017, with 23 observations. The data reached an all-time high of 34.058 % in 2005 and a record low of 6.179 % in 1984. LA: GDP: % of GDP: Gross Capital Formation 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.WDI: Gross Domestic Product: Share of GDP. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 29.01 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Gross Domestic Savings
LA: GDP: % of GDP: Gross Domestic Savings data was reported at 21.896 % in 2017. This records an increase from the previous number of 20.335 % for 2016. LA: GDP: % of GDP: Gross Domestic Savings data is updated yearly, averaging 13.663 % from Dec 1984 to 2017, with 23 observations. The data reached an all-time high of 24.418 % in 2006 and a record low of -4.770 % in 1988. LA: GDP: % of GDP: Gross Domestic Savings 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.WDI: Gross Domestic Product: Share of GDP. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.62 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Gross Fixed Capital Formation
LA: GDP: % of GDP: Gross Fixed Capital Formation data was reported at 29.042 % in 2017. This records an increase from the previous number of 29.008 % for 2016. LA: GDP: % of GDP: Gross Fixed Capital Formation data is updated yearly, averaging 29.040 % from Dec 1984 to 2017, with 23 observations. The data reached an all-time high of 34.058 % in 2005 and a record low of 6.179 % in 1984. LA: GDP: % of GDP: Gross Fixed Capital Formation 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.WDI: Gross Domestic Product: Share of GDP. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 29.01 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector
LA: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector data was reported at 19.882 % in 2017. This records a decrease from the previous number of 21.151 % for 2016. LA: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector data is updated yearly, averaging 20.938 % from Dec 2000 to 2017, with 18 observations. The data reached an all-time high of 25.473 % in 2005 and a record low of 6.266 % in 2000. LA: GDP: % of GDP: Gross Fixed Capital Formation: Private Sector 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.WDI: Gross Domestic Product: Share of GDP. Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 21.15 2016 | yearly | 2000 - 2016 |
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Laos LA: GDP: % of GDP: Gross National Expenditure
LA: GDP: % of GDP: Gross National Expenditure data was reported at 107.146 % in 2017. This records a decrease from the previous number of 108.673 % for 2016. LA: GDP: % of GDP: Gross National Expenditure data is updated yearly, averaging 111.984 % from Dec 1984 to 2017, with 23 observations. The data reached an all-time high of 122.432 % in 2012 and a record low of 103.577 % in 1984. LA: GDP: % of GDP: Gross National Expenditure 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.WDI: Gross Domestic Product: Share of GDP. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 107.39 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Gross Savings
LA: GDP: % of GDP: Gross Savings data was reported at 17.292 % in 2016. This records an increase from the previous number of 10.505 % for 2015. LA: GDP: % of GDP: Gross Savings data is updated yearly, averaging 10.259 % from Dec 1984 to 2016, with 22 observations. The data reached an all-time high of 22.568 % in 2006 and a record low of -0.613 % in 1988. LA: GDP: % of GDP: Gross Savings 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.WDI: Gross Domestic Product: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 18.57 2016 | yearly | 1984 - 2016 |
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Laos LA: GDP: % of GDP: Gross Value Added: Agriculture
LA: GDP: % of GDP: Gross Value Added: Agriculture data was reported at 16.200 % in 2017. This records a decrease from the previous number of 17.230 % for 2016. LA: GDP: % of GDP: Gross Value Added: Agriculture data is updated yearly, averaging 32.086 % from Dec 1989 to 2017, with 29 observations. The data reached an all-time high of 51.853 % in 1997 and a record low of 16.200 % in 2017. LA: GDP: % of GDP: Gross Value Added: Agriculture 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.WDI: Gross Domestic Product: Share of GDP. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 19.48 2016 | yearly | 1989 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Gross Value Added: Agriculture from 1989 to 2016 in the chart:
LA: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing
LA: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 16.068 % in 2021. This records a decrease from the previous number of 16.338 % for 2020. LA: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 28.295 % from Dec 1989 to 2021, with 33 observations. The data reached an all-time high of 51.853 % in 1997 and a record low of 15.709 % in 2018. LA: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing 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.WDI: Gross Domestic Product: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 16.068 2021 | yearly | 1989 - 2021 |
View Laos's LA: GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing from 1989 to 2021 in the chart:
Laos LA: GDP: % of GDP: Gross Value Added: Industry
LA: GDP: % of GDP: Gross Value Added: Industry data was reported at 30.912 % in 2017. This records an increase from the previous number of 28.759 % for 2016. LA: GDP: % of GDP: Gross Value Added: Industry data is updated yearly, averaging 22.262 % from Dec 1989 to 2017, with 29 observations. The data reached an all-time high of 32.437 % in 2012 and a record low of 13.428 % in 1989. LA: GDP: % of GDP: Gross Value Added: Industry 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.WDI: Gross Domestic Product: Share of GDP. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 32.51 2016 | yearly | 1989 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Gross Value Added: Industry from 1989 to 2016 in the chart:
Laos LA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing
LA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 7.484 % in 2017. This records a decrease from the previous number of 7.771 % for 2016. LA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 8.699 % from Dec 1989 to 2017, with 29 observations. The data reached an all-time high of 15.600 % in 1997 and a record low of 3.819 % in 1989. LA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing 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: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 8.78 2016 | yearly | 1989 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Gross Value Added: Industry: Manufacturing from 1989 to 2016 in the chart:
Laos LA: GDP: % of GDP: Gross Value Added: Services
LA: GDP: % of GDP: Gross Value Added: Services data was reported at 48.015 % in 2016. This records a decrease from the previous number of 49.378 % for 2015. LA: GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 36.789 % from Dec 1989 to 2016, with 28 observations. The data reached an all-time high of 49.378 % in 2015 and a record low of 20.434 % in 1992. LA: GDP: % of GDP: Gross Value Added: Services 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.WDI: Gross Domestic Product: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 48.01 2016 | yearly | 1989 - 2016 |
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Laos LA: GDP: % of GDP: Imports of Goods and Services
LA: GDP: % of GDP: Imports of Goods and Services data was reported at 41.486 % in 2017. This records a decrease from the previous number of 41.882 % for 2016. LA: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 41.113 % from Dec 1984 to 2017, with 34 observations. The data reached an all-time high of 60.308 % in 2012 and a record low of 6.341 % in 1984. LA: GDP: % of GDP: Imports of Goods and Services 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: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 42.49 2016 | yearly | 1984 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Imports of Goods and Services from 1984 to 2016 in the chart:
Laos LA: GDP: % of GDP: Trade
LA: GDP: % of GDP: Trade data was reported at 75.827 % in 2017. This records an increase from the previous number of 75.092 % for 2016. LA: GDP: % of GDP: Trade data is updated yearly, averaging 66.667 % from Dec 1984 to 2017, with 34 observations. The data reached an all-time high of 99.060 % in 2014 and a record low of 9.106 % in 1984. LA: GDP: % of GDP: Trade 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: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 77.60 2016 | yearly | 1984 - 2016 |
View Laos's Laos LA: GDP: % of GDP: Trade from 1984 to 2016 in the chart:
Laos LA: GDP: % of GNI: Gross Savings
LA: GDP: % of GNI: Gross Savings data was reported at 18.068 % in 2016. This records an increase from the previous number of 10.994 % for 2015. LA: GDP: % of GNI: Gross Savings data is updated yearly, averaging 10.734 % from Dec 1984 to 2016, with 22 observations. The data reached an all-time high of 23.886 % in 2006 and a record low of -0.613 % in 1988. LA: GDP: % of GNI: Gross Savings 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: Share of GDP. Gross savings are calculated as gross national income less total consumption, plus net transfers.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 19.41 2016 | yearly | 1984 - 2016 |