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Gross domestic product in constant LCU prices of 2010


In 2016, real GDP in Lao People’s Democratic Republic was 93,968,755 million LCU. In the ranking by real GDP including 196 countries, Lao People’s Democratic Republic has the 94th rank that is close to the positions of such countries as Kyrgyzstan and the Latvia. Compared to Afghanistan which at the top of the ranking with real GDP of 1,004,937 million LCU in 2016, Lao People’s Democratic Republic has 9,250.71 % percent higher real GDP.

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What is real 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.