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

140,749,000,000,000 (LCU) in 2017

In 2017, GDP (LCU) for Lao People’s Democratic Republic was 140,749,000 million LCU. Between 1998 and 2017, GDP (LCU) of Lao People’s Democratic Republic grew substantially from 4,222,449 million to 140,749,000 million LCU rising at an increasing annual rate that reached a maximum of 144.63 % in 1999 and then decreased to 8.87 % in 2017.

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GDP at purchaser's prices 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 current local currency.