Laos GDP

GDP nominal (2023)
$15,843,155,731
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

3.75%

  • Nominal (current) Gross Domestic Product (GDP) of Laos is $15,843,155,731 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of the Lao People's Democratic Republic reached $20,303,702,352 in 2023.
  • GDP Growth Rate in 2023 was 3.75%, representing a change of 733,054,130 US$ over 2022, when Real GDP was $19,570,648,222.
  • GDP per Capita in the Lao People's Democratic Republic (with a population of 7,664,993 people) was $2,649 in 2023, an increase of $60 from $2,589 in 2021; this represents a change of 2.3% in GDP per capita.
Laos GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Laos

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $15,843,155,731 $20,303,702,352 3.75% $2,649 1.40 % 7,664,993
2022 $15,468,785,204 $19,570,648,222 2.71% $2,589 1.42 % 7,559,007
2021 $18,827,148,531 $19,054,754,737 2.53% $2,557 1.45 % 7,453,194
2020 $18,981,805,250 $18,584,864,138 0.50% $2,530 1.50 % 7,346,533
2019 $18,740,561,513 $18,491,844,276 5.46% $2,555 1.54 % 7,237,636
2018 $18,141,641,090 $17,534,839,203 6.25% $2,460 1.57 % 7,128,045
2017 $17,071,155,481 $16,503,694,943 6.89% $2,352 1.58 % 7,018,147
2016 $15,912,501,723 $15,439,521,179 7.02% $2,235 1.58 % 6,908,802
2015 $14,426,380,126 $14,426,380,126 7.27% $2,121 1.47 % 6,801,645
2014 $13,279,245,886 $13,448,654,116 7.61% $2,006 1.39 % 6,703,172
2013 $11,983,252,627 $12,497,359,667 8.03% $1,890 1.42 % 6,611,385
2012 $10,192,846,339 $11,568,812,077 8.03% $1,775 1.44 % 6,518,978
2011 $8,750,104,617 $10,709,275,115 8.04% $1,666 1.46 % 6,426,590
2010 $7,131,771,015 $9,912,447,860 8.53% $1,565 1.48 % 6,334,194
2009 $5,836,137,330 $9,133,631,713 7.50% $1,463 1.51 % 6,241,642
2008 $5,446,433,157 $8,496,261,313 7.82% $1,382 1.53 % 6,148,969
2007 $4,223,152,739 $7,879,683,724 7.60% $1,301 1.56 % 6,056,236
2006 $3,455,030,061 $7,323,341,972 8.62% $1,228 1.60 % 5,963,200
2005 $2,735,558,735 $6,742,212,710 7.11% $1,149 1.52 % 5,869,523
2004 $2,366,398,120 $6,294,805,132 6.36% $1,089 1.47 % 5,781,626
2003 $2,023,324,407 $5,918,523,435 6.07% $1,039 1.55 % 5,697,945
2002 $1,758,176,653 $5,579,985,581 5.92% $994 1.62 % 5,610,889
2001 $1,768,619,058 $5,268,175,761 5.75% $954 1.66 % 5,521,482
2000 $1,731,198,022 $4,981,659,930 5.80% $917 1.69 % 5,431,212
1999 $1,454,430,642 $4,708,617,453 7.31% $882 1.76 % 5,340,784
1998 $1,280,177,839 $4,388,012,740 3.97% $836 1.87 % 5,248,266
1997 $1,747,011,857 $4,220,557,557 6.87% $819 2.11 % 5,152,011
1996 $1,873,671,550 $3,949,167,184 6.93% $783 2.36 % 5,045,678
1995 $1,763,536,305 $3,693,284,479 7.03% $749 2.50 % 4,929,409
1994 $1,543,606,345 $3,450,659,812 8.16% $718 2.65 % 4,809,220
1993 $1,327,748,690 $3,190,357,918 5.91% $681 2.75 % 4,685,060
Sources:

See also