Commercial service exports in Laos

Laos: Commercial service exports was 1.73 billion current US$ in 2024. ◆ Volatile

Latest (2024)
1.73 billion current US$
Change on year
up 30.5%
World rank
114th
of 198 countries
All-time high
1.73 billion current US$
in 2024
All-time low
-6.20 million current US$
in 1992
Years of data
41
1984–2024

Commercial service exports in Laos, 1984–2024

0500.0M1.0B1.5B1984200420241984: 7.6M current US$1985: 10.6M current US$1986: 12.2M current US$1987: 13.2M current US$1988: 6.9M current US$1989: 10.3M current US$1990: 10.7M current US$1991: 19.4M current US$1992: -6.2M current US$1993: 81.7M current US$1994: 81.2M current US$1995: 82.4M current US$1996: 73.8M current US$1997: 204.7M current US$1998: 264.3M current US$1999: 193.2M current US$2000: 133.6M current US$2001: 140.6M current US$2002: 152.2M current US$2003: 110.6M current US$2004: 159.6M current US$2005: 184.5M current US$2006: 202.7M current US$2007: 255.3M current US$2008: 359.4M current US$2009: 374.0M current US$2010: 488.8M current US$2011: 525.6M current US$2012: 619.1M current US$2013: 760.5M current US$2014: 753.7M current US$2015: 843.0M current US$2016: 833.4M current US$2017: 774.4M current US$2018: 984.6M current US$2019: 1.2B current US$2020: 346.0M current US$2021: 124.9M current US$2022: 405.6M current US$2023: 1.3B current US$2024: 1.7B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for commercial service exports in Laos is 1.73 billion current US$, measured in 2024. That is the highest value across all 41 years on record.

The figure is up 30.5% on the previous year and up 129.7% over ten years.

Over the whole period, commercial service exports in Laos peaked at 1.73 billion current US$ in 2024 and was at its lowest, -6.20 million current US$, in 1992.

That places Laos 114th out of 198 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 10.13 million current US$ 6.90 million current US$ 13.20 million current US$ 6
1990s 100.52 million current US$ -6.20 million current US$ 264.30 million current US$ 10
2000s 207.24 million current US$ 110.61 million current US$ 373.96 million current US$ 10
2010s 776.15 million current US$ 488.79 million current US$ 1.18 billion current US$ 10
2020s 786.85 million current US$ 124.90 million current US$ 1.73 billion current US$ 5

Countries ranked near Laos

  1. 111 Uganda 2.24 billion current US$ compare
  2. 112 Fiji 2.04 billion current US$ compare
  3. 113 Cameroon 1.74 billion current US$ compare
  4. 115 Seychelles 1.68 billion current US$ compare
  5. 116 Nepal 1.65 billion current US$ compare
  6. 117 Mongolia 1.60 billion current US$ compare

See the full ranking of 244 places →

More private sector data for Laos

All data for Laos →

Frequently asked questions

What is commercial service exports in Laos?
Commercial service exports in Laos was 1.73 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Laos?
The highest recorded value was 1.73 billion current US$ in 2024.
What is the lowest commercial service exports recorded in Laos?
The lowest recorded value was -6.20 million current US$ in 1992.
How does Laos rank for commercial service exports?
Laos ranks 114th out of 198 countries with data for 2024.
Is commercial service exports rising or falling in Laos?
Over the last ten years it is up 129.7%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.