Laos: GDP, current U.S. dollars

(measure: billion U.S. dollars; Source: The World Bank)
* indicates monthly or quarterly data series

Laos: Gross Domestic Product, billions of U.S. dollars

: For that indicator, The World Bank provides data for Laos from 1984 to 2018. The average value for Laos during that period was 4.86 billion U.S. dollars with a minimum of 0.6 billion U.S. dollars in 1988 and a maximum of 17.95 billion U.S. dollars in 2018. The latest value from 2018 is 17.95 billion U.S. dollars. For comparison, the world average in 2018 based on 185 countries is 454529895064.76 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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