Laos: Growth of exports

The latest value from 2016 is 10.46 percent, an increase from 6.65 percent in 2015. In comparison, the world average is 2.85 percent, based on data from 158 countries. Historically, the average for Laos from 2001 to 2016 is 7.47 percent. The minimum value, -13.74 percent, was reached in 2001 while the maximum of 22.42 percent was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.