In 2022, total value added for Lao People’s Democratic Republic was 12,256 million US dollars. Total value added of Lao People’s Democratic Republic increased from 161 million US dollars in 1973 to 12,256 million US dollars in 2022 growing at an average annual rate of 10.07%.
The description is composed by our digital data assistant.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.