Home/Countries/Lao PDR/Imports of Goods & Services (% of GDP)

Lao PDR—Imports of Goods & Services (% of GDP)

Category: TradeSource: World Bank World Development Indicators ↗Series years: 2000–2016
Latest Value
41.9%
2016
YoY Change
-19.2%
2015 → 2016
Maximum
60.3%
2012
Minimum
37.1%
2003
CAGR
+0.6%
17 years
Last
41.9%
Previous
51.8%
Highest
60.3%
Lowest
37.1%
Unit
% of GDP
Source
World Bank World Development Indicators

Lao PDR's imports (% of GDP) was 41.9% in 2016. This represents a -19.2% change from 2015. Over the past 17 years, the highest recorded value was 60.3% (2012) and the lowest was 37.1% (2003). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201641.9%-19.2%
201551.8%-11.1%
201458.3%-2.8%
201360.0%-0.5%
201260.3%+17.4%
201151.4%+4.1%
201049.3%+5.3%
200946.8%-3.8%
200848.7%+6.8%
200745.6%+4.1%
200643.8%+2.3%
200542.8%+4.0%
200441.2%+11.0%
200337.1%-3.7%
200238.5%+1.3%
200138.0%-0.4%
200038.2%

Top Countries — Imports of Goods & Services (% of GDP)

#CountryValueYear
1Hong Kong SAR, China196.9%2025
2Luxembourg159.4%2025
3San Marino155.0%2023
4Singapore142.5%2025
5Virgin Islands (U.S.)108.3%2022
6Lesotho104.5%2025
7Naoero103.7%2025
8Malta99.9%2025
9Ireland99.9%2025
10Somalia, Fed. Rep.98.8%2025
View all 185 countries →

About This Indicator

Definition

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to 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.

Methodology

Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2016View original source →