Laos Nominal GDP

1984 - 2024 | Yearly | USD mn | CEIC Data

Key information about Laos Nominal GDP

  • Laos Nominal GDP reached 16.1 USD bn in Dec 2024, compared with 15.0 USD bn in the previous year.
  • Nominal GDP in Laos is updated yearly, available from Dec 1984 to Dec 2024, with an average number of 76.2 USD bn.
  • The data reached an all-time high of 179.3 USD bn in Jun 2025 and a record low of 23.8 USD bn in Sep 1983.

CEIC converts annual Nominal GDP into USD. Lao Statistics Bureau provides Nominal GDP in local currency based on SNA 2008. The Bank of the Lao PDR average market exchange rate is used for currency conversions. Nominal GDP prior to 2012 is based on SNA 1993 and prior to 2002 is sourced from the World Bank.


Related information about Laos Nominal GDP

  • In the latest reports, Laos GDP expanded 4.3 % YoY in Dec 2024.
  • Its GDP deflator (implicit price deflator) increased 17.4 % in Dec 2024.
  • Laos GDP Per Capita reached 1,970.0 USD in Dec 2024.
  • Its Gross Savings Rate was measured at 18.4 % in Dec 2016.
  • For Nominal GDP contributions, Investment accounted for 29.0 % in Dec 2016.
  • Public Consumption accounted for 14.0 % in Dec 2016.
  • Private Consumption accounted for 64.4 % in Dec 2016.

View Laos's Nominal GDP from 1984 to 2024 in the chart:

Laos Nominal GDP

What was Laos's Nominal GDP in 2024?

Laos Nominal GDP reached 16.1 USD bn in Dec 2024, compared with 15.0 USD bn in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
16,129.9 2024 15,008.0 2023 23,779.0 1983 179,321.6 2025 USD mn yearly 1984 - 2024

Nominal GDP by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 7,641.7 Jun 2025 quarterly Mar 1995 - Jun 2025
Algeria (USD mn) 71,313.9 Jun 2025 quarterly Mar 1999 - Jun 2025
Argentina (USD mn) 182,517.3 Jun 2025 quarterly Mar 1993 - Jun 2025
Armenia (USD mn) 8,012.4 Sep 2025 quarterly Dec 1994 - Sep 2025
Australia (USD mn) 451,399.2 Jun 2025 quarterly Sep 1959 - Jun 2025
Austria (USD mn) 143,936.7 Jun 2025 quarterly Mar 1988 - Jun 2025
Azerbaijan (USD mn) 18,938.5 Jun 2025 quarterly Mar 2001 - Jun 2025
Bahrain (USD mn) 11,932.3 Jun 2025 quarterly Mar 2007 - Jun 2025
Bangladesh (USD mn) 459,601.6 2025 yearly 1960 - 2025
Belarus (USD mn) 22,290.3 Jun 2025 quarterly Mar 1994 - Jun 2025
Belgium (USD mn) 188,154.3 Sep 2025 quarterly Mar 1980 - Sep 2025
Bolivia (USD mn) 12,862.3 Dec 2024 quarterly Mar 1990 - Dec 2024
Bosnia and Herzegovina (USD mn) 8,074.6 Jun 2025 quarterly Mar 2008 - Jun 2025
Botswana (USD mn) 5,127.6 Jun 2025 quarterly Sep 1993 - Jun 2025
Brazil (USD mn) 587,698.0 Sep 2025 quarterly Mar 1990 - Sep 2025
Brunei (USD mn) 3,743.1 Jun 2025 quarterly Mar 2004 - Jun 2025
Bulgaria (USD mn) 37,031.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Cambodia (USD mn) 46,300.3 2024 yearly 1993 - 2024
Canada (USD mn) 590,869.8 Sep 2025 quarterly Mar 1957 - Sep 2025
Chile (USD mn) 85,371.7 Sep 2025 quarterly Mar 1990 - Sep 2025
China (USD mn) 4,953,358.4 Sep 2025 quarterly Mar 1992 - Sep 2025
Colombia (USD mn) 117,535.8 Sep 2025 quarterly Mar 2000 - Sep 2025
Croatia (USD mn) 31,254.4 Sep 2025 quarterly Mar 1995 - Sep 2025
Cyprus (USD mn) 10,650.7 Sep 2025 quarterly Mar 1995 - Sep 2025
Czech Republic (USD mn) 102,597.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Denmark (USD mn) 120,107.1 Sep 2025 quarterly Mar 1990 - Sep 2025
Ecuador (USD mn) 32,993.4 Jun 2025 quarterly Mar 1991 - Jun 2025
Egypt (USD mn) 87,010.9 Jun 2025 quarterly Sep 2001 - Jun 2025
Estonia (USD mn) 12,168.7 Sep 2025 quarterly Mar 1995 - Sep 2025
European Union (USD mn) 5,301,125.3 Jun 2025 quarterly Mar 1999 - Jun 2025
Finland (USD mn) 82,450.8 Sep 2025 quarterly Mar 1990 - Sep 2025
France (USD mn) 875,210.5 Sep 2025 quarterly Mar 1957 - Sep 2025
Georgia (USD mn) 9,328.5 Jun 2025 quarterly Mar 2010 - Jun 2025
Germany (USD mn) 1,310,045.7 Sep 2025 quarterly Mar 1960 - Sep 2025
Ghana (USD mn) 25,626.6 Jun 2025 quarterly Mar 2006 - Jun 2025
Greece (USD mn) 70,361.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Hong Kong SAR, China (USD mn) 109,161.3 Sep 2025 quarterly Mar 1973 - Sep 2025
Hungary (USD mn) 61,281.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Iceland (USD mn) 10,118.7 Sep 2025 quarterly Mar 1995 - Sep 2025
India (USD mn) 975,920.9 Sep 2025 quarterly Jun 1996 - Sep 2025
Indonesia (USD mn) 370,286.5 Sep 2025 quarterly Mar 1993 - Sep 2025
Iran (USD mn) 119,727.3 Jun 2025 quarterly Jun 1988 - Jun 2025
Ireland (USD mn) 185,768.9 Jun 2025 quarterly Mar 1995 - Jun 2025
Israel (USD mn) 159,218.8 Sep 2025 quarterly Mar 1995 - Sep 2025
Italy (USD mn) 659,738.5 Sep 2025 quarterly Mar 1980 - Sep 2025
Ivory Coast (USD mn) 19,144.9 Mar 2023 quarterly Mar 1997 - Mar 2023
Japan (USD mn) 1,077,560.8 Sep 2025 quarterly Mar 1957 - Sep 2025
Jordan (USD mn) 13,158.0 Jun 2025 quarterly Mar 1992 - Jun 2025
Kazakhstan (USD mn) 71,818.1 Jun 2025 quarterly Mar 1994 - Jun 2025
Kenya (USD mn) 34,879.7 Jun 2025 quarterly Mar 2009 - Jun 2025
South Korea (USD mn) 471,908.5 Jun 2025 quarterly Mar 1960 - Jun 2025
Kosovo (USD mn) 2,948.5 Jun 2025 quarterly Mar 2010 - Jun 2025
Kuwait (USD mn) 37,718.7 Jun 2025 quarterly Mar 2010 - Jun 2025
Kyrgyzstan (USD mn) 6,072.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Laos (USD mn) 16,129.9 2024 yearly 1984 - 2024
Latvia (USD mn) 12,499.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Lebanon (USD mn) 198,956.4 2023 yearly 1997 - 2023
Lithuania (USD mn) 24,775.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Luxembourg (USD mn) 24,858.5 Jun 2025 quarterly Mar 1995 - Jun 2025
Macau SAR, China (USD mn) 12,892.1 Sep 2025 quarterly Mar 1998 - Sep 2025
North Macedonia (USD mn) 4,562.3 Jun 2025 quarterly Mar 2000 - Jun 2025
Malawi (USD mn) 10,862.6 2019 yearly 1960 - 2019
Malaysia (USD mn) 122,142.0 Sep 2025 quarterly Mar 1991 - Sep 2025
Malta (USD mn) 7,414.9 Sep 2025 quarterly Mar 1992 - Sep 2025
Mauritius (USD mn) 3,803.7 Jun 2025 quarterly Mar 1999 - Jun 2025
Mexico (USD mn) 473,560.8 Sep 2025 quarterly Mar 1993 - Sep 2025
Moldova (USD mn) 4,758.0 Jun 2025 quarterly Mar 1995 - Jun 2025
Mongolia (USD mn) 5,532.0 Sep 2025 quarterly Mar 2000 - Sep 2025
Montenegro (USD mn) 2,278.2 Jun 2025 quarterly Mar 2006 - Jun 2025
Morocco (USD mn) 45,506.2 Jun 2025 quarterly Mar 1990 - Jun 2025
Mozambique (USD mn) 22,746.2 2024 yearly 1963 - 2024
Myanmar (USD mn) 66,719.6 2018 yearly 2001 - 2018
Nepal (USD mn) 44,810.1 2025 yearly 2001 - 2025
Netherlands (USD mn) 346,529.9 Sep 2025 quarterly Mar 1988 - Sep 2025
New Zealand (USD mn) 65,657.8 Jun 2025 quarterly Jun 1987 - Jun 2025
Nigeria (USD mn) 63,773.0 Jun 2025 quarterly Mar 2010 - Jun 2025
Norway (USD mn) 136,434.8 Sep 2025 quarterly Mar 1978 - Sep 2025
Oman (USD mn) 26,453.9 Jun 2025 quarterly Mar 2005 - Jun 2025
Pakistan (USD mn) 407,188.6 2025 yearly 2000 - 2025
Palestinian Territory (USD mn) 3,017.5 Jun 2025 quarterly Mar 2000 - Jun 2025
Panama (USD mn) 20,142.8 Jun 2025 quarterly Mar 2007 - Jun 2025
Paraguay (USD mn) 11,299.1 Jun 2025 quarterly Mar 1994 - Jun 2025
Peru (USD mn) 86,584.5 Sep 2025 quarterly Mar 1979 - Sep 2025
Philippines (USD mn) 114,881.0 Sep 2025 quarterly Mar 1981 - Sep 2025
Poland (USD mn) 266,139.9 Sep 2025 quarterly Mar 1995 - Sep 2025
Portugal (USD mn) 90,787.1 Sep 2025 quarterly Mar 1995 - Sep 2025
Qatar (USD mn) 52,993.4 Jun 2025 quarterly Mar 2010 - Jun 2025
Romania (USD mn) 105,391.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Russia (USD mn) 612,639.1 Jun 2025 quarterly Mar 1993 - Jun 2025
Saudi Arabia (USD mn) 311,512.3 Jun 2025 quarterly Mar 2003 - Jun 2025
Serbia (USD mn) 26,047.0 Sep 2025 quarterly Mar 1995 - Sep 2025
Singapore (USD mn) 147,763.7 Sep 2025 quarterly Mar 1975 - Sep 2025
Slovakia (USD mn) 38,372.3 Jun 2025 quarterly Mar 1995 - Jun 2025
Slovenia (USD mn) 20,681.0 Sep 2025 quarterly Mar 1995 - Sep 2025
South Africa (USD mn) 103,116.2 Jun 2025 quarterly Mar 1960 - Jun 2025
Spain (USD mn) 493,961.7 Sep 2025 quarterly Mar 1970 - Sep 2025
Sri Lanka (USD mn) 24,613.2 Jun 2025 quarterly Mar 2002 - Jun 2025
Sudan (USD mn) 30,863.0 2021 yearly 1960 - 2021
Sweden (USD mn) 169,118.0 Sep 2025 quarterly Mar 1980 - Sep 2025
Switzerland (USD mn) 270,043.0 Sep 2025 quarterly Mar 1980 - 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: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 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: Plastic and Rubber Products (USD mn) 142.090 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Electrical Machinery and Equipment (USD mn) 259.880 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
Exports: Agricultural Products (USD mn) 147.760 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 194.390 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Mineral Products (USD mn) 462.100 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Machinery and Mechanical Equipment (USD mn) 188.310 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: Extra-ASEAN: Japan (USD th) 93,722.000 2023 yearly 2010 - 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: Extra-ASEAN: EU 27 Countries (USD th) 101,441.000 2023 yearly 2010 - 2023
Exports: Extra-ASEAN: EU 27 Countries (USD th) 269,683.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: India (USD th) 101,542.000 2023 yearly 2008 - 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: Intra-ASEAN: Vietnam (USD th) 532,132.000 2023 yearly 2010 - 2023
Exports: Intra-ASEAN: Thailand (USD th) 2,883,854.000 2023 yearly 2007 - 2023
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 99.478 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: France (USD th) 0.000 2021 yearly 2000 - 2021
FDI: Korea (USD th) 6,183.504 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: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
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
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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