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.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.