27, Jan 2020, EST.

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Country or Region: Laos (Lao People's Democratic Republic) › Change country
Economic Indicator: GDP (Current Prices, US Dollars) › See all Laos indicators, › See GDP (Current Prices, US Dollars) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kip
Currency Symbol: LAK

Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions. See notes for: Gross domestic product, current prices (National currency).

GDP (Current Prices, US Dollars) for Laos in year 2015 is US$ 12.503 Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions.

This makes Laos No. 124 in world rankings according to GDP (Current Prices, US Dollars) in year 2015. The world's average GDP (Current Prices, US Dollars) value is US$ 1560.18 Billion; Laos is US$ 1,547.68 less than the average.

In the previous year, 2014, GDP (Current Prices, US Dollars) for Laos was US$ 11.69 Billion GDP (Current Prices, US Dollars) for Laos in 2015 was or will be 6.95% more than it was or will be in 2014.

In the following or forecasted year, 2016, GDP (Current Prices, US Dollars) for Laos was or will be US$13.36 Billion, which is 6.85% more than the 2015 figure.