External balance on goods and services in Laos
Laos: External balance on goods and services was -1.38 billion current US$ 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 US$.
Analysis
The most recent figure for external balance on goods and services in Laos is -1.38 billion current US$, measured in 2016.
Compared with earlier readings it is up 46.5% on the previous year and down 606.8% over ten years.
Over the whole period, external balance on goods and services in Laos peaked at -62.86 million current US$ in 1984 and was at its lowest, -2.62 billion current US$, in 2013.
Laos ranks 119th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -101.43 million current US$ | -141.85 million current US$ | -62.86 million current US$ | 6 |
| 1990s | -187.45 million current US$ | -344.00 million current US$ | -113.67 million current US$ | 10 |
| 2000s | -404.58 million current US$ | -978.41 million current US$ | -130.07 million current US$ | 10 |
| 2010s | -1.88 billion current US$ | -2.62 billion current US$ | -963.60 million current US$ | 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 -1.38 billion current US$ 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 -62.86 million current US$ in 1984.
- What is the lowest external balance on goods and services recorded in Laos?
- The lowest recorded value was -2.62 billion current US$ in 2013.
- How does Laos rank for external balance on goods and services?
- Laos ranks 119th 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 606.8%. 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 US$). 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 indicator is expressed in United States dollars.