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Lao People’s Democratic Republic - Gross domestic product in constant prices of 2010

116,422,000,000,000 (LCU) in 2017

In 2017, real GDP (LCU) for Lao People’s Democratic Republic was 116,422,000 million LCU. Between 1998 and 2017, real GDP (LCU) of Lao People’s Democratic Republic grew substantially from 30,954,354 million to 116,422,000 million LCU rising at an increasing annual rate that reached a maximum of 8.62 % in 2006 and then decreased to 6.89 % in 2017.

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What is real GDP (LCU)?

GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

What is Lao People’s Democratic Republic real GDP (LCU)?

Date Value Change, %
2017 116,422,000,000,000 6.89 %
2016 108,914,778,799,300 7.02 %
2015 101,767,550,247,400 7.27 %
2014 94,870,828,315,300 7.61 %
2013 88,160,112,762,500 8.03 %
2012 81,609,860,356,000 8.03 %
2011 75,546,429,556,400 8.04 %
2010 69,925,371,783,000 8.53 %
2009 64,431,369,760,100 7.50 %
2008 59,935,168,337,900 7.82 %
2007 55,585,645,618,300 7.60 %
2006 51,661,044,510,300