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Lao People’s Democratic Republic - Gross domestic product in current prices

15,805,707,090 (US dollars) in 2016

In 2016, GDP for Lao People’s Democratic Republic was 15,805 million US dollars. Between 1997 and 2016, GDP of Lao People’s Democratic Republic grew substantially from 1,819 million to 15,805 million US dollars rising at an increasing annual rate that reached a maximum of 26.73 % in 2007 and then decreased to 9.84 % in 2016.

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What is GDP?

Expenditure-based gross domestic product is total final expenditure at purchasers’ prices (including final consumption expenditure, gross fixed capital formation, changes in inventories, valuables and f.o.b. value of exports of goods and services), less the f.o.b. value of imports of goods and services.

What is Lao People’s Democratic Republic GDP?

Date Value Change, %
2016 15,805,707,090 9.84 %
2015 14,390,395,091 8.46 %
2014 13,268,458,177 11.11 %
2013 11,942,230,508 17.18 %
2012 10,191,350,120 16.58 %
2011 8,741,715,072 19.53 %
2010 7,313,450,659 20.74 %
2009 6,056,946,699 5.67 %
2008 5,731,763,439 25.42 %
2007 4,570,008,380 26.73 %
2006 3,605,985,900 22.39 %
2005 2,946,350,268