Net trade in goods and services in Laos
Laos: Net trade in goods and services was 1.19 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Laos is 1.19 billion BoP, current US$, measured in 2024.
That represents a change of up 7.9% on the previous year and up 157.0% over ten years.
Over the whole period, net trade in goods and services in Laos peaked at 1.29 billion BoP, current US$ in 2021 and was at its lowest, -2.26 billion BoP, current US$, in 2015.
Laos ranks 63rd of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -143.30 million BoP, current US$ | -163.70 million BoP, current US$ | -100.50 million BoP, current US$ | 6 |
| 1990s | -194.71 million BoP, current US$ | -342.50 million BoP, current US$ | -109.50 million BoP, current US$ | 10 |
| 2000s | -58.34 million BoP, current US$ | -201.99 million BoP, current US$ | 92.36 million BoP, current US$ | 10 |
| 2010s | -1.09 billion BoP, current US$ | -2.26 billion BoP, current US$ | -66.15 million BoP, current US$ | 10 |
| 2020s | 969.91 million BoP, current US$ | 621.83 million BoP, current US$ | 1.29 billion BoP, current US$ | 5 |
Countries ranked near Laos
- 60 Trinidad and Tobago 1.88 billion BoP, current US$ compare
- 61 Guinea 1.49 billion BoP, current US$ compare
- 62 Cayman Islands 1.26 billion BoP, current US$ compare
- 64 Zambia 688.73 million BoP, current US$ compare
- 65 Andorra 645.19 million BoP, current US$ compare
- 66 San Marino 628.49 million BoP, current US$ compare
More economy & growth data for Laos
- Industry (including construction), value added 109.15 trillion current LCU (2025)
- Final consumption expenditure 3.7% (2016)
- Industry (including construction), value added 4.8% (2025)
- Final consumption expenditure 79.7% (2016)
- Industry (including construction), value added 7.33 billion constant 2015 US$ (2025)
- Gross national expenditure 17.29 billion current US$ (2016)
- Gross national expenditure 140.49 trillion current LCU (2016)
- Gross national expenditure 17.78 billion constant 2015 US$ (2016)
- Industry (including construction), value added 5.34 billion current US$ (2025)
- Exports of goods and services 10.5% (2016)
Frequently asked questions
- What is net trade in goods and services in Laos?
- Net trade in goods and services in Laos was 1.19 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Laos?
- The highest recorded value was 1.29 billion BoP, current US$ in 2021.
- What is the lowest net trade in goods and services recorded in Laos?
- The lowest recorded value was -2.26 billion BoP, current US$ in 2015.
- How does Laos rank for net trade in goods and services?
- Laos ranks 63rd out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Laos?
- Over the last ten years it is up 157.0%. 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 Net trade in goods and services (BoP, 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.