Lao PDR GDP Growth

GDP Growth Rate

Year -

3.75%

In 2023, Lao PDR experienced a significant an increase in its GDP growth rate, which rise to 3.75% from 2.71% in 2022. Additionally, the GDP per capita growth rate in Lao PDR increase to 2.33% in 2023, compared to 1.28% in 2022.

Lao PDR GDP Growth

In 2023, Lao PDR experienced a increase in economic performance, with the GDP growth rate rising by 1.04%. Additionally, the GDP per capita growth rate increase by 1.05%.

Lao PDR Annual GDP Growth Table

Source: Worldbank Growth Growth Capita

Lao PDR Annual GDP Growth
YearGDP GrowthNet ChgGDP Capita GrowthNet Chg
1961----
1962----
1963----
1964----
1965----
1966----
1967----
1968----
1969----
1970----
1971----
1972----
1973----
1974----
1975----
1976----
1977----
1978----
1979----
1980----
1981----
1982----
1983----
1984----
19855.07-2.22-
19864.89%-0.18%1.97%-0.25%
1987-1.43%-6.32%-4.2%-6.17%
1988-2.01%-0.58%-4.78%-0.58%
198914.19%16.20%10.96%15.74%
19906.7%-7.49%3.71%-7.25%
19914.3%-2.40%1.41%-2.30%
19925.56%1.26%2.69%1.28%
19935.91%0.35%3.11%0.42%
19948.16%2.25%5.4%2.29%
19957.03%-1.13%4.44%-0.96%
19966.93%-0.10%4.46%0.02%
19976.87%-0.06%4.66%0.20%
19983.97%-2.90%2.06%-2.60%
19997.31%3.34%5.43%3.37%
20005.8%-1.51%4.03%-1.40%
20015.75%-0.05%4.05%0.02%
20025.92%0.17%4.29%0.24%
20036.07%0.15%4.52%0.23%
20046.36%0.29%4.9%0.38%
20057.11%0.75%5.56%0.66%
20068.62%1.51%6.91%1.35%
20077.6%-1.02%5.91%-1.00%
20087.82%0.22%6.16%0.25%
20097.5%-0.32%5.88%-0.28%
20108.53%1.03%6.92%1.04%
20118.04%-0.49%6.47%-0.45%
20128.03%-0.01%6.49%0.02%
20138.03%0.00%6.52%0.03%
20147.61%-0.42%6.15%-0.37%
20157.27%-0.34%5.75%-0.40%
20167.02%-0.25%5.41%-0.34%
20176.89%-0.13%5.26%-0.15%
20186.25%-0.64%4.65%-0.61%
20195.46%-0.79%3.89%-0.76%
20200.5%-4.96%-0.97%-4.86%
20212.53%2.03%1.07%2.04%
20222.71%0.18%1.28%0.21%
20233.75%1.04%2.33%1.05%