External balance on goods and services in Laos
Laos: External balance on goods and services was -11.21 trillion current LCU in 2016. ◆ Volatile
External balance on goods and services in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2016, external balance on goods and services in Laos stood at -11.21 trillion current LCU.
That represents a change of up 46.6% on the previous year and down 465.6% over ten years.
Over the whole period, external balance on goods and services in Laos peaked at -2.20 billion current LCU in 1984 and was at its lowest, -20.98 trillion current LCU, in 2015.
That places Laos 184th out of 192 countries with data for 2016, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -25.98 billion current LCU | -82.70 billion current LCU | -2.20 billion current LCU | 6 |
| 1990s | -274.46 billion current LCU | -858.04 billion current LCU | -80.80 billion current LCU | 10 |
| 2000s | -3.79 trillion current LCU | -8.33 trillion current LCU | -1.02 trillion current LCU | 10 |
| 2010s | -15.10 trillion current LCU | -20.98 trillion current LCU | -7.74 trillion current LCU | 7 |
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 -11.21 trillion current 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 -2.20 billion current LCU in 1984.
- What is the lowest external balance on goods and services recorded in Laos?
- The lowest recorded value was -20.98 trillion current LCU in 2015.
- How does Laos rank for external balance on goods and services?
- Laos ranks 184th out of 192 countries with data for 2016.
- Is external balance on goods and services rising or falling in Laos?
- Over the last ten years it is down 465.6%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.