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Lao People’s Democratic Republic - Total value added in constant LCU prices of 2010

87,453,449,869,113 (LCU) in 2016

In 2016, total value added for Lao People’s Democratic Republic was 87,453,449 million LCU. Between 1997 and 2016, total value added of Lao People’s Democratic Republic grew substantially from 23,027,101 million to 87,453,449 million LCU rising at an increasing annual rate that reached a maximum of 10.12 % in 2010 and then decreased to 6.93 % in 2016.

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What is total value added?

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.

What is Lao People’s Democratic Republic total value added?

Date Value Change, %
2016 87,453,449,869,113 6.93 %
2015 81,784,284,614,404 6.81 %
2014 76,566,724,688,334 7.05 %
2013 71,521,380,150,932 7.61 %
2012 66,465,164,075,026 8.14 %
2011 61,460,920,113,727 8.97 %
2010 56,400,820,349,365 10.12 %
2009 51,217,232,214,757 10.11 %
2008 46,515,475,291,721 9.35 %
2007 42,536,947,451,688 9.09 %
2006 38,993,837,117,831 8.75 %
2005 35,857,033,442,826