Lao People’s Democratic Republic - Service imports in current prices

528,289,794 (US dollars) in 2022

Lao People’s Democratic Republic service imports was at level of 528 million US dollars in 2022, up from 252 million US dollars previous year, this is a change of 109.59%.

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What is service imports?

Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)

What is Lao People’s Democratic Republic service imports?