Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)

1989 - 2023 | Yearly | USD mn | World Bank

Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 4.837 USD bn in 2023. This records a decrease from the previous number of 5.276 USD bn for 2022. Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data is updated yearly, averaging 904.370 USD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 6.426 USD bn in 2021 and a record low of 95.881 USD mn in 1989. Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) 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: Nominal. Industry (including construction) corresponds to ISIC divisions 05-43 and includes manufacturing (ISIC divisions 10-33). 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 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

View Laos's Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) from 1989 to 2023 in the chart:

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Laos Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)
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Laos Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction)

What was Laos's Laos LA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) in 2023?

Last Previous Min Max Unit Frequency Range
4,837.483 2023 5,276.245 2022 95.881 1989 6,425.702 2021 USD mn yearly 1989 - 2023

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Laos Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 11,638.930 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 2,189.156 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 4.496 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 3.6 2021 yearly 2003 - 2021
GDP per Capita (USD) 2,595.000 2021 yearly 1984 - 2021
Gross National Product (GNP) (USD mn) 14,685.694 2023 yearly 1984 - 2023
Gross Savings Rate (%) 18.4 2016 yearly 2000 - 2016
Investment: % of GDP (%) 29.0 2016 yearly 2000 - 2016
Nominal GDP (USD mn) 15,362.5 2022 yearly 1984 - 2022
Nominal GDP Growth (%) 23.128 2023 yearly 1985 - 2023
Private Consumption Expenditure (USD mn) 10,453.639 2016 yearly 2000 - 2016
Private Consumption: % of GDP (%) 64.4 2016 yearly 2000 - 2016
Public Consumption Expenditure (USD mn) 2,223.127 2016 yearly 2000 - 2016
Public Consumption: % of GDP (%) 14.0 2016 yearly 2000 - 2016
Real GDP Growth (%) 3.5 2021 yearly 2003 - 2021
Total Trade of Goods & Services: % of Nominal GDP (%) 75.092 2016 yearly 1984 - 2016
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.6 2023 yearly 2012 - 2023
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Tax Revenue (USD mn) 1,949.450 2023 yearly 2010 - 2023
Consolidated Fiscal Balance (USD mn) 96.753 2023 yearly 2010 - 2023
Tax Revenue: % of GDP (%) 13.0 2023 yearly 2012 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 3,474,582.000 2014 yearly 1994 - 2014
Forecast: Population (Person mn) 8.086 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Labour Force Participation Rate (%) 59.6 2023 yearly 1990 - 2023
Population (Person mn) 7.4 2022 yearly 1950 - 2022
Unemployment Rate (%) 0.95 2020 yearly 1991 - 2020
Labour Productivity Growth (%) 1.51 2023 yearly 1992 - 2023
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 6,336.000 2019 yearly 2005 - 2019
Motor Vehicle Sales: Passenger Cars (Unit) 4,064.000 2019 yearly 2005 - 2019
Motor Vehicles Sales (Unit) 10,400 2019 yearly 2005 - 2019
Motor Vehicles Sales Growth (%) 16.8 2019 yearly 2006 - 2019
Inflation Last Frequency Range
CPI: Food and Non Alcoholic Beverage Change (%) 19.452 Nov 2024 monthly Jan 2011 - Nov 2024
Consumer Price Index CPI Growth (%) 16.9 Dec 2024 monthly May 1994 - Dec 2024
Forecast: Consumer Price Index Growth (%) 3.000 2028 yearly 1980 - 2028
Core CPI Change (%) 26.111 Dec 2023 monthly Dec 2011 - Dec 2023

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