The gross domestic product (GDP) in current prices in Laos was forecast to continuously increase between 2024 and 2029 by in total 5.2 billion U.S. dollars (+34.23 percent). After the fifth consecutive increasing year, the GDP is estimated to reach 20.37 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Timor-Leste, Malaysia and Indonesia.
Laos: Gross domestic product (GDP) in current prices from 1989 to 2029
(in billion U.S. dollars)
Characteristic
Gross domestic product in billion U.S. dollars
2029*
20.37
2028*
19.11
2027*
17.95
2026*
17.01
2025*
16.22
2024*
15.19
2023*
15.2
2022
15.12
2021
18.53
2020
18.51
2019
18.77
2018
18.13
2017
17.06
2016
15.9
2015
14.42
2014
13.27
2013
11.97
2012
10.19
2011
8.96
2010
7.51
2009
6.43
2008
5.95
2007
4.76
2006
3.93
2005
3.08
2004
2.65
2003
2.26
2002
1.84
2001
1.76
2000
1.72
1999
1.42
1998
1.33
1997
3.52
1996
3.73
1995
3.58
1994
3.08
1993
2.65
1992
2.35
1991
2.05
1990
1.74
1989
1.46
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IMF. (April 22, 2024). Laos: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/
IMF. "Laos: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/
IMF. (2024). Laos: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/
IMF. "Laos: Gross Domestic Product (Gdp) in Current Prices from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/
IMF, Laos: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/ (last visited July 22, 2024)
Laos: Gross domestic product (GDP) in current prices from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/804939/gross-domestic-product-gdp-in-laos/