Laos Motor Vehicles Sales Growth
2006 - 2019 | Yearly | % | CEIC Data
Key information about Laos Motor Vehicles Sales Growth
- Laos Motor Vehicles Sales grew 16.8 % in Dec 2019, compared with a growth of 9.8 % in the previous year.
- Laos Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2019, with an average growth rate of 20.9 %.
- The data reached an all-time high of 63.3 % in Dec 2014 and a record low of -25.6 % in Dec 2017.
- Car Sales of Laos recorded 10,400.0 units in Dec 2019.
CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.
View Laos's Motor Vehicles Sales Growth from 2006 to 2019 in the chart:
What was Laos's Motor Vehicles Sales Growth in 2019?
Laos Motor Vehicles Sales grew 16.8 % in Dec 2019, compared with a growth of 9.8 % in the previous year. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16.8 2019 | 9.8 2018 | -25.6 2017 | 63.3 2014 | % | yearly | 2006 - 2019 |
Motor Vehicles Sales Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 38.9 2019 | yearly | 2006 - 2019 |
| Algeria (%) | -1.8 2019 | yearly | 2006 - 2019 |
| Argentina (%) | 35.0 Nov 2024 | monthly | Jan 1997 - Nov 2024 |
| Armenia (%) | -32.8 2019 | yearly | 2006 - 2019 |
| Australia (%) | -11.6 Nov 2024 | monthly | Jan 1995 - Nov 2024 |
| Austria (%) | 14.0 2023 | yearly | 2006 - 2023 |
| Azerbaijan (%) | 67.5 2019 | yearly | 2006 - 2019 |
| Bahrain (%) | -16.0 2019 | yearly | 2006 - 2019 |
| Bangladesh (%) | 5.4 2019 | yearly | 2006 - 2019 |
| Belarus (%) | 20.9 2019 | yearly | 2006 - 2019 |
| Belgium (%) | -6.9 2022 | yearly | 2006 - 2022 |
| Bolivia (%) | -12.1 2019 | yearly | 2006 - 2019 |
| Bosnia and Herzegovina (%) | -52.5 2019 | yearly | 2006 - 2019 |
| Botswana (%) | -87.1 2019 | yearly | 2006 - 2019 |
| Brazil (%) | 19.2 Nov 2024 | monthly | Jan 2003 - Nov 2024 |
| Brunei (%) | 20.1 Nov 2020 | monthly | Jan 2011 - Nov 2020 |
| Bulgaria (%) | 8.8 2022 | yearly | 2006 - 2022 |
| Cambodia (%) | 12.6 2019 | yearly | 2006 - 2019 |
| Canada (%) | 7.6 Oct 2024 | monthly | Jan 1947 - Oct 2024 |
| Chile (%) | 10.1 Oct 2024 | monthly | Jan 2010 - Oct 2024 |
| China (%) | 7.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Colombia (%) | 38.4 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Croatia (%) | 31.2 2023 | yearly | 2006 - 2023 |
| Cyprus (%) | -3.9 2019 | yearly | 2006 - 2019 |
| Czech Republic (%) | 10.2 Dec 2020 | monthly | Jan 2012 - Dec 2020 |
| Denmark (%) | 12.7 2023 | yearly | 2006 - 2023 |
| Ecuador (%) | -1.6 2023 | yearly | 2006 - 2023 |
| Egypt (%) | -50.9 2023 | yearly | 2006 - 2023 |
| Estonia (%) | 18.6 2019 | yearly | 2006 - 2019 |
| Finland (%) | 6.3 2023 | yearly | 2006 - 2023 |
| France (%) | -9.9 2022 | yearly | 2006 - 2022 |
| Georgia (%) | -3.4 2019 | yearly | 2006 - 2019 |
| Germany (%) | -0.3 2022 | yearly | 2006 - 2022 |
| Ghana (%) | -19.4 2019 | yearly | 2006 - 2019 |
| Greece (%) | 25.7 2023 | yearly | 2006 - 2023 |
| Hong Kong SAR, China (%) | -12.8 2019 | yearly | 2006 - 2019 |
| Hungary (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Iceland (%) | -34.2 2019 | yearly | 2006 - 2019 |
| India (%) | 2.8 Mar 2022 | monthly | May 2002 - Mar 2022 |
| Indonesia (%) | -11.9 Nov 2024 | monthly | Jan 1990 - Nov 2024 |
| Iran (%) | -31.7 2019 | yearly | 2006 - 2019 |
| Ireland (%) | 17.4 2023 | yearly | 2006 - 2023 |
| Israel (%) | 24.7 2023 | yearly | 2006 - 2023 |
| Italy (%) | 19.2 2023 | yearly | 2006 - 2023 |
| Ivory Coast (%) | 15.8 2019 | yearly | 2006 - 2019 |
| Japan (%) | -5.2 Nov 2024 | monthly | Jan 1992 - Nov 2024 |
| Jordan (%) | 3.6 2019 | yearly | 2006 - 2019 |
| Kazakhstan (%) | 70.9 2023 | yearly | 2006 - 2023 |
| Kenya (%) | -23.9 2019 | yearly | 2006 - 2019 |
| South Korea (%) | 4.9 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Kuwait (%) | 17.6 2023 | yearly | 2006 - 2023 |
| Kyrgyzstan (%) | -35.8 2019 | yearly | 2006 - 2019 |
| Laos (%) | 16.8 2019 | yearly | 2006 - 2019 |
| Latvia (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Lebanon (%) | -33.8 2019 | yearly | 2006 - 2019 |
| Lithuania (%) | 30.7 2019 | yearly | 2006 - 2019 |
| Luxembourg (%) | 4.4 2019 | yearly | 2006 - 2019 |
| North Macedonia (%) | 5.9 2019 | yearly | 2006 - 2019 |
| Malawi (%) | 1.6 2019 | yearly | 2006 - 2019 |
| Malaysia (%) | -7.8 Nov 2024 | monthly | Jul 1995 - Nov 2024 |
| Malta (%) | -6.1 2019 | yearly | 2006 - 2019 |
| Mauritius (%) | 3.0 2019 | yearly | 2006 - 2019 |
| Mexico (%) | 7.5 Oct 2024 | monthly | Jan 1996 - Oct 2024 |
| Moldova (%) | 7.7 2019 | yearly | 2006 - 2019 |
| Mongolia (%) | -41.0 2019 | yearly | 2006 - 2019 |
| Morocco (%) | 0.1 2023 | yearly | 2006 - 2023 |
| Myanmar (%) | 43.8 2019 | yearly | 2006 - 2019 |
| Nepal (%) | 3.5 2019 | yearly | 2006 - 2019 |
| Netherlands (%) | 18.9 2023 | yearly | 2006 - 2023 |
| New Zealand (%) | -9.5 2023 | yearly | 1976 - 2023 |
| Nigeria (%) | -42.4 2019 | yearly | 2006 - 2019 |
| Norway (%) | -21.9 2023 | yearly | 2006 - 2023 |
| Oman (%) | -0.2 2019 | yearly | 2006 - 2019 |
| Pakistan (%) | 115.5 Oct 2024 | monthly | Jul 2006 - Oct 2024 |
| Palestinian Territory (%) | -25.3 2019 | yearly | 2006 - 2019 |
| Panama (%) | -3.1 Sep 2024 | monthly | Jan 2006 - Sep 2024 |
| Paraguay (%) | -15.0 2019 | yearly | 2006 - 2019 |
| Peru (%) | 1.9 2023 | yearly | 2006 - 2023 |
| Philippines (%) | 4.9 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
| Poland (%) | 11.4 2023 | yearly | 2006 - 2023 |
| Portugal (%) | 10.0 Oct 2024 | monthly | Jan 2001 - Oct 2024 |
| Qatar (%) | 0.1 2019 | yearly | 2006 - 2019 |
| Romania (%) | 13.3 2023 | yearly | 2006 - 2023 |
| Russia (%) | 16.7 Nov 2024 | monthly | Jan 2009 - Nov 2024 |
| Saudi Arabia (%) | 23.1 2023 | yearly | 2006 - 2023 |
| Serbia (%) | 4.5 2019 | yearly | 2006 - 2019 |
| Singapore (%) | 67.3 Sep 2024 | monthly | Jan 2011 - Sep 2024 |
| Slovakia (%) | 13.1 2023 | yearly | 2006 - 2023 |
| Slovenia (%) | -14.9 2022 | yearly | 2006 - 2022 |
| South Africa (%) | 5.5 Oct 2024 | monthly | Jan 2004 - Oct 2024 |
| Spain (%) | 17.6 2023 | yearly | 2006 - 2023 |
| Sri Lanka (%) | -27.0 2019 | yearly | 2006 - 2019 |
| Sudan (%) | -13.8 2019 | yearly | 2006 - 2019 |
| Sweden (%) | 3.6 2023 | yearly | 2006 - 2023 |
| Switzerland (%) | 12.9 2023 | yearly | 2006 - 2023 |
| Syria (%) | 62.8 2019 | yearly | 2006 - 2019 |
| Taiwan (%) | -8.1 Oct 2024 | monthly | Jan 1998 - Oct 2024 |
| Tajikistan (%) | 0.8 2019 | yearly | 2006 - 2019 |
| Thailand (%) | -36.1 Oct 2024 | monthly | Dec 1992 - Oct 2024 |
| Tunisia (%) | -5.3 2019 | yearly | 2006 - 2019 |
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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) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
| Total Exports (USD mn) | 2,147.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Total Exports Growth (%) | 2.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Aluminum: Exports (USD th) | 1,135.414 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 330.538 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 218.709 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,218.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Total Imports Growth (%) | 21.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Imports: Medicament (USD th) | 29,719.658 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 31,997.651 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 4.162 Aug 2024 | monthly | Feb 2005 - Aug 2024 |
| Total Imports from USA (USD mn) | 21.705 Aug 2024 | monthly | Aug 2003 - Aug 2024 |
| Total Exports to China (USD mn) | 240.828 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
| Total Imports from China (USD mn) | 150.694 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 186.790 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Mineral Products (USD mn) | 428.110 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Agricultural Products (USD mn) | 202.210 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Plastic and Rubber Products (USD mn) | 128.590 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Electrical Machinery and Equipment (USD mn) | 270.710 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 163.400 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 157.940 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 245.910 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 379.750 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
| Exports: Extra-ASEAN: India (USD th) | 102,124.000 2022 | yearly | 2008 - 2022 |
| Export Value Index (2015=100) | 210.618 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 88.616 2021 | yearly | 2000 - 2021 |
| Import Value Index (2015=100) | 110.567 2021 | yearly | 1980 - 2021 |
| Export Volume Index (2015=100) | 99.478 2021 | yearly | 2000 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Current Account Balance: % of GDP (%) | 2.7 2023 | yearly | 1984 - 2023 |
| Foreign Direct Investment (USD mn) | 318.2 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Foreign Direct Investment: % of GDP (%) | 11.9 2023 | yearly | 1988 - 2023 |
| Foreign Portfolio Investment (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.3 2023 | yearly | 1984 - 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| External Debt (USD mn) | 10,253.1 2023 | yearly | 1996 - 2023 |
| External Debt: % of GDP (%) | 74.2 2023 | yearly | 1996 - 2023 |
| Forecast: Current Account Balance (USD bn) | 0.176 2029 | yearly | 1980 - 2029 |
| 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: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
| FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
| FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
| FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 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) | 976.474 2022 | yearly | 2000 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.7 Mar 2024 | quarterly | Dec 2017 - Mar 2024 |
| Money Supply M1 (USD mn) | 825.869 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 13,972.420 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| M2 Growth (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 1,819.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.5 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
| Total Deposits (USD mn) | 14,519.422 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
| Total Deposits Growth (%) | 39.3 Mar 2024 | quarterly | Dec 2005 - Mar 2024 |
| Domestic Credit (USD mn) | 10,675.1 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Domestic Credit Growth (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Total Loans (USD mn) | 9,211.862 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Total Loans Growth (%) | 20.94 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 56.65 2023 | yearly | 2012 - 2023 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 16,961.698 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 286,965.565 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Reserve Requirement Rate: LAK (%) | 8.000 2023 | yearly | 1989 - 2023 |
| Commercial Banks (CB): Loans: Total (LAK bn) | 189,193.228 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
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