GDP (IMF data) | Lao Peoples Dem. Rep.
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The GDP (IMF data) of Lao Peoples Dem. Rep. in 2024 amounted to 15 879 million USD, which is 6.02% more than in 2023, when it was 14 978 million USD. This is the first year of growth after a decline. According to the IMF data, since 1980, the Gross Domestic Product has increased in 8.30 times. The lowest GDP was recorded in 1981, with a value of 1 118 million USD. The maximum GDP of Lao Peoples Dem. Rep. was in 2019, when it reached 18 770 million USD. Gross domestic product represents the total value at current prices of final goods and services produced within a country during a specified time period, such as one year.
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Definition
Monaco, Liechtenstein, the Vatican, Cuba, and North Korea are not members of the IMF, so data for these countries are not available.