Laos Nominal GDP
1984 - 2022 | Yearly | USD mn | CEIC Data
Key information about Laos Nominal GDP
- Laos Nominal GDP reached 15.4 USD bn in Dec 2022, compared with 19.1 USD bn in the previous year.
- Nominal GDP in Laos is updated yearly, available from Dec 1984 to Dec 2022, with an average number of 2.4 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 4.4 % YoY in Dec 2022.
- Its GDP deflator (implicit price deflator) increased 11.6 % in Dec 2022.
- 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 2022 in the chart:
What was Laos's Nominal GDP in 2022?
Laos Nominal GDP reached 15.4 USD bn in Dec 2022, compared with 19.1 USD bn in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 15,362.5 2022 | 19,074.4 2021 | 599.0 1988 | 19,082.0 2020 | USD mn | yearly | 1984 - 2022 |
Nominal GDP by Country Comparison
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Includes Nominal GDP on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
| Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
| Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
| Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
| Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
| Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
| Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
| Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
| Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
| Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
| Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
| Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cambodia (USD mn) | 29,598.9 2022 | yearly | 1993 - 2022 |
| Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
| Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
| Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
| Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
| France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Georgia (USD mn) | 8,284.9 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Ghana (USD mn) | 19,263.7 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
| Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
| Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
| Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
| Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
| Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
| Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
| South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Kosovo (USD mn) | 2,896.7 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
| Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
| Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
| Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
| Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
| North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
| Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
| Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
| Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
| Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
| Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
| Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
| Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
| New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
| Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
| Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
| Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
| Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
| Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
| Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
| Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
| Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
| Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
| Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
| South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
| Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
| Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
| Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 97.3 Sep 2023 | quarterly | Dec 1992 - Sep 2023 |
| Total Exports (USD mn) | 2,037.6 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Total Exports Growth (%) | -3.1 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Aluminum: Exports (USD th) | 1,115.303 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 353.170 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 304.331 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,837.2 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| Total Imports Growth (%) | 0.7 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Imports: Medicament (USD th) | 30,246.773 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 37,533.232 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 26.255 Jan 2024 | monthly | Feb 2005 - Jan 2024 |
| Total Imports from USA (USD mn) | 2.271 Jan 2024 | monthly | Aug 2003 - Jan 2024 |
| Total Exports to China (USD mn) | 336.420 Jan 2024 | monthly | Dec 1996 - Jan 2024 |
| Total Imports from China (USD mn) | 402.930 Jan 2024 | monthly | Dec 1996 - Jan 2024 |
| Imports: Electrical Machinery and Equipment (USD mn) | 232.170 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Agricultural Products (USD mn) | 108.540 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 178.270 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 197.440 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Mineral Products (USD mn) | 630.430 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Plastic and Rubber Products (USD mn) | 97.010 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 260.310 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 303.650 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 148.870 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Extra-ASEAN: India (USD th) | 102,124.000 2022 | yearly | 2008 - 2022 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 67.0 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Current Account Balance: % of GDP (%) | -0.1 2022 | yearly | 1984 - 2022 |
| Foreign Direct Investment (USD mn) | 780.0 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
| Foreign Direct Investment: % of GDP (%) | 4.1 2022 | yearly | 1988 - 2022 |
| Foreign Portfolio Investment (USD mn) | -137.071 Sep 2023 | quarterly | Mar 1994 - Sep 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.9 2022 | yearly | 1984 - 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -0.2 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 18.000 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| External Debt (USD mn) | 10,234.8 2022 | yearly | 1996 - 2022 |
| External Debt: % of GDP (%) | 68.0 2022 | yearly | 1996 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.018 2028 | yearly | 1980 - 2028 |
| BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
| 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: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
| FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
| 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 |
| Foreign Direct Investment (FDI) (USD mn) | 976.474 2022 | yearly | 2000 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.4 Dec 2023 | quarterly | Dec 2017 - Dec 2023 |
| Money Supply M1 (USD mn) | 1,038.082 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| Money Supply M2 (USD mn) | 13,202.831 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
| M2 Growth (%) | 33.3 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
| Reserve Requirement Ratio (%) | 8.0 Mar 2024 | monthly | Jan 2002 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 1,782.0 Sep 2023 | monthly | Dec 1988 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.8 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
| Total Deposits (USD mn) | 12,890.616 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
| Total Deposits Growth (%) | 33.2 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
| Domestic Credit (USD mn) | 9,997.4 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
| Domestic Credit Growth (%) | 23.4 Dec 2023 | quarterly | Dec 1992 - Dec 2023 |
| Total Loans (USD mn) | 8,667.662 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
| Total Loans Growth (%) | 29.19 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
| Private Debt: % of Nominal GDP (%) | 54.41 2022 | yearly | 2012 - 2022 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 19,891.731 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 252,992.649 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
| Reserve Requirement Rate: LAK (%) | 8.000 2023 | yearly | 1989 - 2023 |
| Commercial Banks (CB): Deposits (LAK bn) | 245,282.640 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
More Indicators for Laos
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National Accounts
GDP: by Industry: 1990 Price
GDP: by Industry: SNA 1993: 2002 Price: Bank of Lao PDR
GDP per Capita
Gross Domestic Product: by Expenditure: Annual
Gross Domestic Product: Nominal
Gross Domestic Product: Real
Contribution to GDP
GDP: by Industry: Current Price
GDP: by Industry: SNA 1993: Current Price: Lao Statistics Bureau
Gross Domestic Product: Annual Growth Rate
Gross Domestic Product: Deflator and Volume Index: Annual
Gross Domestic Product: Purchasing Power Parity
Gross Domestic Product: Share of GDP