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

406,097,057 (US dollars) in 2022

In 2022, service exports for Lao People’s Democratic Republic was 406 million US dollars. Though Lao People’s Democratic Republic service exports fluctuated substantially in recent years, it tended to increase through 2003 - 2022 period ending at 406 million US dollars in 2022.

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What is service exports?

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 exports?