External balance on goods and services in Laos
Laos: External balance on goods and services was -15.70 trillion constant LCU in 2016. ▲ Rising
External balance on goods and services in Laos, 2012–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Laos recorded -15.70 trillion constant LCU for external balance on goods and services in 2016. That is the highest value across all 5 years on record.
The figure is up 9.7% on the previous year and up 14.2% over five years.
That places Laos 158th out of 161 countries with data for 2016, putting it in the bottom quarter.
Countries ranked near Laos
More economy & growth data for Laos
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
- Taxes less subsidies on products 1.95 billion current US$ (2025)
- Net primary income (Net income from abroad) -20.95 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.02 billion current US$ (2025)
- GNI per capita 44.87 million current LCU (2025)
- GNI per capita, Atlas method 2,150 current US$ (2025)
- GNI 353.24 trillion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Laos?
- External balance on goods and services in Laos was -15.70 trillion constant LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Laos?
- The highest recorded value was -15.70 trillion constant LCU in 2016.
- What is the lowest external balance on goods and services recorded in Laos?
- The lowest recorded value was -18.91 trillion constant LCU in 2013.
- How does Laos rank for external balance on goods and services?
- Laos ranks 158th out of 161 countries with data for 2016.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.