Laos Nominal GDP Growth
1985 - 2022 | Yearly | % | CEIC Data
Key information about Laos Nominal GDP Growth
- Laos Nominal GDP Growth was reported at 16.562 % in Dec 2022.
- This records an increase from the previous number of 7.166 % for Dec 2021.
- Laos Nominal GDP Growth data is updated yearly, averaging 15.674 % from Dec 1985 to 2022, with 38 observations.
- The data reached an all-time high of 144.631 % in 1999 and a record low of 6.120 % 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 2022 in the chart:
What was Laos's Nominal GDP Growth in 2022?
Laos Nominal GDP Growth was reported at 16.562 % in Dec 2022. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 16.562 2022 | 7.166 2021 | 6.120 2020 | 144.631 1999 | % | yearly | 1985 - 2022 |
Nominal GDP Growth by Country Comparison
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Includes Nominal GDP Growth on 114 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 8.461 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Algeria (%) | -1.277 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Argentina (%) | 169.925 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Armenia (%) | 9.729 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Australia (%) | 4.423 Dec 2023 | quarterly | Sep 1960 - Dec 2023 |
| Austria (%) | 6.545 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Azerbaijan (%) | -11.065 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Bahrain (%) | 3.399 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
| Belarus (%) | 13.186 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Belgium (%) | 4.148 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Bolivia (%) | 5.226 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Bosnia and Herzegovina (%) | 4.068 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Botswana (%) | -4.803 Dec 2023 | quarterly | Sep 1994 - Dec 2023 |
| Brazil (%) | 6.646 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Brunei (%) | -13.343 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
| Bulgaria (%) | 0.296 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cambodia (%) | 9.523 2022 | yearly | 1994 - 2022 |
| Canada (%) | 3.973 Dec 2023 | quarterly | Mar 1958 - Dec 2023 |
| Chile (%) | 7.491 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| China (%) | 4.176 Mar 2024 | quarterly | Mar 1993 - Mar 2024 |
| Colombia (%) | 3.506 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Croatia (%) | 10.338 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Cyprus (%) | 6.926 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Czech Republic (%) | 6.200 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Denmark (%) | -1.565 Mar 2024 | quarterly | Mar 1991 - Mar 2024 |
| Ecuador (%) | -1.089 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Egypt (%) | 36.681 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| Estonia (%) | 2.955 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | 5.681 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Finland (%) | 1.184 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | 4.870 Mar 2024 | quarterly | Mar 1950 - Mar 2024 |
| Georgia (%) | 7.641 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Germany (%) | 4.283 Mar 2024 | quarterly | Mar 1961 - Mar 2024 |
| Ghana (%) | 39.349 Sep 2023 | quarterly | Mar 2007 - Sep 2023 |
| Greece (%) | 5.196 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Hong Kong SAR, China (%) | 7.069 Mar 2024 | quarterly | Mar 1974 - Mar 2024 |
| Hungary (%) | 13.247 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Iceland (%) | 6.613 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| India (%) | 10.075 Dec 2023 | quarterly | Jun 1997 - Dec 2023 |
| Indonesia (%) | 4.275 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Iran (%) | 36.289 Sep 2023 | quarterly | Jun 1989 - Sep 2023 |
| Ireland (%) | -5.150 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Israel (%) | 4.816 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Italy (%) | 4.615 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
| Japan (%) | 3.178 Mar 2024 | quarterly | Mar 1981 - Mar 2024 |
| Jordan (%) | 4.082 Dec 2023 | quarterly | Mar 1993 - Dec 2023 |
| Kazakhstan (%) | 17.599 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Kenya (%) | 11.651 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
| South Korea (%) | 5.780 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Kosovo (%) | 9.548 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Kuwait (%) | -11.726 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
| Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Laos (%) | 16.562 2022 | yearly | 1985 - 2022 |
| Latvia (%) | 2.961 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 4.718 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | 1.823 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 28.597 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| North Macedonia (%) | 7.165 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
| Malaysia (%) | 4.836 Mar 2024 | quarterly | Mar 1992 - Mar 2024 |
| Malta (%) | 9.267 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mauritius (%) | 13.075 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Mexico (%) | 6.722 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
| Moldova (%) | 11.277 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Mongolia (%) | 19.388 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Montenegro (%) | 10.574 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
| Morocco (%) | 6.729 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Mozambique (%) | 11.040 2022 | yearly | 1964 - 2022 |
| Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
| Netherlands (%) | 6.071 Mar 2024 | quarterly | Mar 1989 - Mar 2024 |
| New Zealand (%) | 3.784 Dec 2023 | quarterly | Jun 1988 - Dec 2023 |
| Nigeria (%) | 14.857 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Norway (%) | -3.436 Mar 2024 | quarterly | Mar 1979 - Mar 2024 |
| Oman (%) | -1.973 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
| Palestinian Territory (%) | -30.860 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Panama (%) | 7.326 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Paraguay (%) | 5.865 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
| Philippines (%) | 8.800 Mar 2024 | quarterly | Mar 1982 - Mar 2024 |
| Poland (%) | 4.234 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
| Qatar (%) | -12.949 Sep 2023 | quarterly | Mar 2012 - Sep 2023 |
| Romania (%) | 14.314 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 19.473 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Saudi Arabia (%) | -0.728 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Serbia (%) | 12.351 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Singapore (%) | 7.156 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Slovakia (%) | 12.310 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 7.082 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| South Africa (%) | 5.946 Dec 2023 | quarterly | Mar 1961 - Dec 2023 |
| Spain (%) | 5.709 Mar 2024 | quarterly | Mar 1971 - Mar 2024 |
| Sri Lanka (%) | 11.992 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
| Sweden (%) | 3.373 Dec 2023 | quarterly | Mar 1981 - Dec 2023 |
| Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
| Syria (%) | 50.215 2021 | yearly | 1971 - 2021 |
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Includes 142 key indicators for Laos, curated by CEIC analysts. Instant access to full history data in excel.
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -170.9 Dec 2023 | quarterly | Dec 1992 - Dec 2023 |
| Total Exports (USD mn) | 1,917.4 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Total Exports Growth (%) | -2.8 Dec 2023 | quarterly | Mar 2005 - Dec 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) | 2,088.3 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Total Imports Growth (%) | 10.5 Dec 2023 | quarterly | Mar 2005 - Dec 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) | 23.868 Feb 2024 | monthly | Feb 2005 - Feb 2024 |
| Total Imports from USA (USD mn) | 1.367 Feb 2024 | monthly | Aug 2003 - Feb 2024 |
| Total Exports to China (USD mn) | 359.513 Feb 2024 | monthly | Dec 1996 - Feb 2024 |
| Total Imports from China (USD mn) | 240.122 Feb 2024 | monthly | Dec 1996 - Feb 2024 |
| Exports: Plastic and Rubber Products (USD mn) | 97.010 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| 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: Crude Oil, Fuel, Lubricant and Others (USD mn) | 303.650 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
| Exports: Mineral Products (USD mn) | 630.430 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: Machinery and Mechanical Equipment (USD mn) | 148.870 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 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 178.270 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) | -90.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Current Account Balance: % of GDP (%) | -3.0 2022 | yearly | 1984 - 2022 |
| Foreign Direct Investment (USD mn) | 394.2 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Foreign Direct Investment: % of GDP (%) | 4.7 2022 | yearly | 1988 - 2022 |
| Foreign Portfolio Investment (USD mn) | -100.146 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 0.9 2022 | yearly | 1984 - 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -100.180 Dec 2023 | quarterly | Mar 1999 - Dec 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: China (USD th) | 1,254,236.569 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: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: France (USD th) | 0.000 2021 | yearly | 2000 - 2021 |
| FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
| FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 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 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
| Foreign Exchange Reserves (USD mn) | 1,782.0 Sep 2023 | monthly | Dec 1988 - Sep 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.7 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
| 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