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

15,362,701,631 (US dollars) in 2022

In 2022, GDP for Lao People’s Democratic Republic was 15,362 million US dollars. GDP of Lao People’s Democratic Republic increased from 162 million US dollars in 1973 to 15,362 million US dollars in 2022 growing at an average annual rate of 10.23%.

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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.

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What is Lao People’s Democratic Republic GDP?