In 2016, total value added growth for Lao People’s Democratic Republic was 6.9 %. Though Lao People’s Democratic Republic total value added growth fluctuated substantially in recent years, it tended to increase through 1997 - 2016 period ending at 6.9 % in 2016.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Gross value added is the value of output less the value of intermediate consumption; it is a measure of the contribution to GDP made by an individual producer, industry or sector; gross value added is the source from which the primary incomes of the SNA are generated and is therefore carried forward into the primary distribution of income account.