Lao PDR: Exports of goods and services (% of GDP)
In , Lao PDR's Exports of goods and services (% of GDP) was 33.21.
That's down 2.2% from 2015, the highest value since .
The global average for this indicator in 2016 was 44.26 .
Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2016
Trend (2005–2016)
- 2008 · Global financial crisis
- 2014 · Oil price collapse
Highlights
- Peak
- 40.75
- Trough
- 28.96
- 1-year change
- -2.2%
- 5-year change
- -17.7%
- -3.8% / yr
- 10-year change
- -13.0%
- -1.4% / yr
Historical Data — Last 10 Years
| Year | Exports of goods and services (% of GDP) |
|---|---|
| 33.2094 | |
| 33.9523 | |
| 40.7545 | |
| 38.1731 | |
| 37.8767 | |
| 40.3432 | |
| 35.3840 | |
| 30.0831 | |
| 33.1541 | |
| 33.6143 |
About Exports of goods and services (% of GDP)
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.EXP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Lao PDR's Exports of goods and services (% of GDP) in 2016?
- In 2016, Lao PDR's Exports of goods and services (% of GDP) was 33.21, according to World Bank Open Data.
- Is Lao PDR's Exports of goods and services (% of GDP) rising or falling?
- Lao PDR's Exports of goods and services (% of GDP) fell 2.2% from 2015 to 2016.
- How does Lao PDR's Exports of goods and services (% of GDP) compare to the world average?
- The global average for Exports of goods and services (% of GDP) in 2016 was 44.26, so Lao PDR is below the world average.
- What is Exports of goods and services (% of GDP) and how is it measured?
- Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.