Laos Labour Productivity Growth

1992 - 2024 | Yearly | % | CEIC Data

Key information about Laos Labour Productivity Growth

  • Laos Labour Productivity improved by 2.17 % YoY in Dec 2024, compared with a growth of 1.80 % in the previous year
  • Laos Labour Productivity Growth data is updated yearly, available from Dec 1992 to Dec 2024, averaging at 4.62 %
  • The data reached an all-time high of 6.19 % in Dec 2013 and a record low of -2.69 % in Dec 2020

CEIC calculates annual Labour Productivity Growth from annual GDP per person employed. The World Bank provides GDP per person employed in International dollars. Purchasing power parity (PPP) GDP is used which is GDP converted to 2021 constant international dollars using PPP rates

View Laos's Labour Productivity Growth from 1992 to 2024 in the chart:

Laos Labour Productivity Growth

What was Laos's Labour Productivity Growth in 2024?

Laos Labour Productivity improved by 2.17 % YoY in Dec 2024, compared with a growth of 1.80 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.17 2024 1.80 2023 -2.69 2020 6.19 2013 % yearly 1992 - 2024

Labour Productivity Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 4.47 Jun 2025 quarterly Jun 1997 - Jun 2025
Algeria (%) 2.05 2024 yearly 1992 - 2024
Argentina (%) 2.32 2024 yearly 1992 - 2024
Armenia (%) 6.51 Jun 2025 quarterly Mar 2009 - Jun 2025
Australia (%) 0.46 Sep 2025 quarterly Jun 1979 - Sep 2025
Austria (%) 0.85 Sep 2025 quarterly Mar 2005 - Sep 2025
Azerbaijan (%) 1.14 Jun 2025 quarterly Mar 2009 - Jun 2025
Bahrain (%) -3.79 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 2.42 2024 yearly 1992 - 2024
Belarus (%) 1.29 Jun 2025 quarterly Mar 2006 - Jun 2025
Belgium (%) -0.08 Sep 2025 quarterly Mar 2000 - Sep 2025
Bolivia (%) -2.79 2024 yearly 2000 - 2024
Bosnia and Herzegovina (%) -0.28 2024 yearly 2007 - 2024
Botswana (%) 7.48 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 0.57 2024 yearly 1992 - 2024
Brunei (%) 1.26 2024 yearly 1992 - 2024
Bulgaria (%) 0.72 Sep 2025 quarterly Mar 2001 - Sep 2025
Cambodia (%) 1.04 2021 yearly 2008 - 2021
Canada (%) 1.27 Sep 2025 quarterly Mar 1977 - Sep 2025
Chile (%) 0.40 Sep 2025 quarterly Mar 1987 - Sep 2025
China (%) 5.84 2024 yearly 1953 - 2024
Colombia (%) 0.86 Sep 2025 quarterly Mar 2002 - Sep 2025
Croatia (%) 3.26 Jun 2025 quarterly Mar 2008 - Jun 2025
Cyprus (%) 0.51 Sep 2025 quarterly Jun 2005 - Sep 2025
Czech Republic (%) 1.52 Sep 2025 quarterly Mar 1997 - Sep 2025
Denmark (%) 2.54 Sep 2025 quarterly Mar 1991 - Sep 2025
Ecuador (%) -2.72 2024 yearly 1992 - 2024
Egypt (%) -2.73 Sep 2025 quarterly Mar 2004 - Sep 2025
Estonia (%) -0.18 Sep 2025 quarterly Mar 1996 - Sep 2025
European Union (%) 0.87 Sep 2025 quarterly Mar 2006 - Sep 2025
Finland (%) 0.76 Sep 2025 quarterly Mar 1991 - Sep 2025
France (%) 0.44 2024 yearly 1979 - 2024
Georgia (%) 4.37 2024 yearly 1997 - 2024
Germany (%) 0.35 Sep 2025 quarterly Mar 1992 - Sep 2025
Ghana (%) 3.70 2024 yearly 1992 - 2024
Greece (%) 0.83 Sep 2025 quarterly Mar 1996 - Sep 2025
Hong Kong SAR, China (%) 4.31 Sep 2025 quarterly Dec 1982 - Sep 2025
Hungary (%) 1.23 Sep 2025 quarterly Mar 1999 - Sep 2025
Iceland (%) -0.13 Jun 2025 quarterly Mar 2004 - Jun 2025
India (%) 3.39 2023 yearly 1992 - 2023
Indonesia (%) 1.55 2024 yearly 2001 - 2024
Iran (%) 2.38 2024 yearly 1992 - 2024
Ireland (%) 9.60 Sep 2025 quarterly Mar 1999 - Sep 2025
Israel (%) 2.61 Sep 2025 quarterly Mar 2013 - Sep 2025
Italy (%) 0.03 Sep 2025 quarterly Mar 1997 - Sep 2025
Ivory Coast (%) 2.78 2024 yearly 1992 - 2024
Japan (%) -0.00 Sep 2025 quarterly Mar 1995 - Sep 2025
Jordan (%) 2.45 2023 yearly 2001 - 2023
Kazakhstan (%) 6.30 Jun 2025 quarterly Mar 2002 - Jun 2025
Kenya (%) 1.38 2024 yearly 2011 - 2024
South Korea (%) 1.07 Sep 2025 quarterly Sep 1983 - Sep 2025
Kosovo (%) 10.87 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -4.93 2024 yearly 1992 - 2024
Kyrgyzstan (%) 5.93 2023 yearly 1993 - 2023
Laos (%) 2.17 2024 yearly 1992 - 2024
Latvia (%) 1.09 Sep 2025 quarterly Mar 2003 - Sep 2025
Lebanon (%) -1.95 2023 yearly 1992 - 2023
Lithuania (%) 2.40 Sep 2025 quarterly Mar 1996 - Sep 2025
Luxembourg (%) 1.23 Sep 2025 quarterly Mar 1996 - Sep 2025
Macau SAR, China (%) 9.10 Sep 2025 quarterly Mar 2002 - Sep 2025
North Macedonia (%) 1.95 Jun 2025 quarterly Mar 2005 - Jun 2025
Malawi (%) -1.32 2024 yearly 1992 - 2024
Malaysia (%) 1.99 Sep 2025 quarterly Mar 2001 - Sep 2025
Malta (%) -1.73 Sep 2025 quarterly Dec 2001 - Sep 2025
Mauritius (%) 6.26 Mar 2025 quarterly Mar 2005 - Mar 2025
Mexico (%) -0.13 Sep 2025 quarterly Jun 1996 - Sep 2025
Moldova (%) 10.49 Jun 2025 quarterly Mar 2001 - Jun 2025
Mongolia (%) 3.94 Sep 2025 quarterly Sep 2007 - Sep 2025
Montenegro (%) 5.12 Jun 2025 quarterly Mar 2009 - Jun 2025
Morocco (%) 3.00 2024 yearly 2000 - 2024
Mozambique (%) -1.48 2024 yearly 1992 - 2024
Myanmar (%) -43.15 2022 yearly 1992 - 2022
Nepal (%) 3.63 2024 yearly 1992 - 2024
Netherlands (%) 1.30 Sep 2025 quarterly Mar 1996 - Sep 2025
New Zealand (%) 1.23 Jun 2025 quarterly Jun 1988 - Jun 2025
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) 1.45 Sep 2025 quarterly Mar 1996 - Sep 2025
Oman (%) 2.12 2024 yearly 1999 - 2024
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 0.72 Jun 2025 quarterly Dec 2009 - Jun 2025
Panama (%) 1.18 2024 yearly 1992 - 2024
Paraguay (%) 1.45 Jun 2025 quarterly Mar 2018 - Jun 2025
Peru (%) 0.56 2023 yearly 2002 - 2023
Philippines (%) 4.32 2024 yearly 1992 - 2024
Poland (%) 3.15 Sep 2025 quarterly Dec 1999 - Sep 2025
Portugal (%) -0.48 Sep 2025 quarterly Mar 1996 - Sep 2025
Qatar (%) -2.08 2024 yearly 2012 - 2024
Romania (%) 3.81 Sep 2025 quarterly Mar 1996 - Sep 2025
Russia (%) 0.74 Jun 2025 quarterly Mar 1996 - Jun 2025
Saudi Arabia (%) -7.72 2024 yearly 1971 - 2024
Serbia (%) 3.71 Sep 2025 quarterly Mar 2015 - Sep 2025
Singapore (%) 2.70 Sep 2025 quarterly Mar 1986 - Sep 2025
Slovakia (%) 0.94 Jun 2025 quarterly Mar 1996 - Jun 2025
Slovenia (%) 2.16 Sep 2025 quarterly Mar 1996 - Sep 2025
South Africa (%) 1.40 Sep 2025 quarterly Mar 2009 - Sep 2025
Spain (%) 0.06 Sep 2025 quarterly Mar 1996 - Sep 2025
Sri Lanka (%) 2.51 Jun 2025 quarterly Jun 2013 - Jun 2025
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) 2.35 Sep 2025 quarterly Mar 1994 - Sep 2025
Switzerland (%) 0.19 Sep 2025 quarterly Mar 2011 - Sep 2025

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Laos Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 2024 yearly 2012 - 2024
Consolidated Fiscal Balance (USD mn) 375.970 2024 yearly 2010 - 2024
Tax Revenue (USD mn) 2,412.772 2024 yearly 2010 - 2024
Tax Revenue: % of GDP (%) 15.0 2024 yearly 2012 - 2024
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.726 2028 yearly 1980 - 2028
Trade Balance (USD mn) 418.6 Sep 2025 quarterly Dec 1992 - Sep 2025
Total Exports (USD mn) 2,977.3 Sep 2025 quarterly Mar 2004 - Sep 2025
Total Exports Growth (%) 34.2 Sep 2025 quarterly Mar 2005 - Sep 2025
Aluminum: Exports (USD th) 2,423.278 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 657.895 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 292.555 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,558.7 Sep 2025 quarterly Mar 2004 - Sep 2025
Total Imports Growth (%) 25.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Imports: Medicament (USD th) 36,100.631 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 57,439.257 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 9.368 Aug 2025 monthly Feb 2005 - Aug 2025
Total Imports from USA (USD mn) 1.268 Aug 2025 monthly Aug 2003 - Aug 2025
Total Exports to China (USD mn) 542.085 Aug 2025 monthly Dec 1996 - Aug 2025
Total Imports from China (USD mn) 110.709 Aug 2025 monthly Dec 1996 - Aug 2025
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 194.390 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Plastic and Rubber Products (USD mn) 142.090 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Mineral Products (USD mn) 462.100 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Agricultural Products (USD mn) 147.760 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 297.920 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Iron, Steel and Other Metal Products (USD mn) 153.890 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Electrical Machinery and Equipment (USD mn) 259.880 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Machinery and Mechanical Equipment (USD mn) 188.310 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 220.430 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Extra-ASEAN: Japan (USD th) 93,722.000 2023 yearly 2010 - 2023
Imports: Extra-ASEAN: EU 27 Countries (USD th) 101,441.000 2023 yearly 2010 - 2023
Exports: Intra-ASEAN: Thailand (USD th) 2,883,854.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: India (USD th) 101,542.000 2023 yearly 2008 - 2023
Exports: Extra-ASEAN: EU 27 Countries (USD th) 269,683.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: China (USD th) 2,504,404.000 2023 yearly 2007 - 2023
Exports: Intra-ASEAN: Vietnam (USD th) 1,390,684.000 2023 yearly 2007 - 2023
Imports: Extra-ASEAN: China (USD th) 1,964,647.000 2023 yearly 2010 - 2023
Imports: Intra-ASEAN: Thailand (USD th) 3,844,420.000 2023 yearly 2010 - 2023
Imports: Intra-ASEAN: Vietnam (USD th) 532,132.000 2023 yearly 2010 - 2023
Export Volume Index (2015=100) 99.478 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 309.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Current Account Balance: % of GDP (%) 3.3 2024 yearly 1984 - 2024
Foreign Direct Investment (USD mn) 327.8 Sep 2025 quarterly Mar 2001 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.1 2024 yearly 1988 - 2024
Foreign Portfolio Investment (USD mn) -88.987 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -1.8 2024 yearly 1984 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -88.987 Sep 2025 quarterly Mar 1999 - Sep 2025
External Debt (USD mn) 10,350.5 2024 yearly 1996 - 2024
External Debt: % of GDP (%) 68.7 2024 yearly 1996 - 2024
Forecast: Current Account Balance (USD bn) -0.128 2030 yearly 1980 - 2030
BoP: FA: Porfolio Investment (USD mn) 361.05 Dec 2017 quarterly Mar 2004 - Dec 2017
FDI: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
FDI: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
FDI: Vietnam (USD th) 176,991.125 2021 yearly 2000 - 2021
FDI: Korea (USD th) 6,183.504 2021 yearly 2000 - 2021
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: France (USD th) 0.000 2021 yearly 2000 - 2021
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) 711.800 2017 yearly 2015 - 2017
FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
Foreign Direct Investment (FDI) (USD mn) 1,500.203 2023 yearly 2000 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Jun 2025 quarterly Dec 2017 - Jun 2025
Money Supply M1 (USD mn) 1,074.015 Sep 2025 quarterly Dec 1999 - Sep 2025
Money Supply M2 (USD mn) 16,240.862 Sep 2025 quarterly Dec 1999 - Sep 2025
M2 Growth (%) 15.7 Sep 2025 quarterly Dec 2000 - Sep 2025
Reserve Requirement Ratio (%) 8.0 Nov 2025 monthly Jan 2002 - Nov 2025
Foreign Exchange Reserves (USD mn) 2,642.9 Jun 2025 monthly Dec 1988 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 2.9 Jun 2025 quarterly Mar 2004 - Jun 2025
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 17,130.491 Jun 2025 quarterly Dec 2004 - Jun 2025
Total Deposits Growth (%) 12.7 Jun 2025 quarterly Dec 2005 - Jun 2025
Domestic Credit (USD mn) 11,888.1 Sep 2025 quarterly Dec 1991 - Sep 2025
Domestic Credit Growth (%) 10.9 Sep 2025 quarterly Dec 1992 - Sep 2025
Total Loans (USD mn) 10,651.867 Sep 2025 quarterly Dec 2004 - Sep 2025
Total Loans Growth (%) 15.11 Sep 2025 quarterly Dec 2005 - Sep 2025
Private Debt: % of Nominal GDP (%) 56.96 2024 yearly 2012 - 2024
Monetary Survey: Broad Money (M2) (LAK bn) 286,965.565 Sep 2024 quarterly Dec 1991 - Sep 2024
Monetary Survey: Narrow Money (M1) (LAK bn) 16,961.698 Sep 2024 quarterly Dec 1991 - Sep 2024
Reserve Requirement Rate: LAK (%) 8.000 2024 yearly 1989 - 2024
Commercial Banks (CB): Deposits (LAK bn) 309,487.370 Jun 2024 quarterly Dec 2004 - Jun 2024
Commercial Banks (CB): Loans: Total (LAK bn) 189,193.228 Sep 2024 quarterly Dec 2004 - Sep 2024

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