Gross Domestic Product of Laos grew 7% in 2016 compared to last year. This rate is 3 -tenths of one percent less than the figure of 7.3% published in 2015.
The GDP figure in 2016 was €14,245$15,768 million, Laos is number 114 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Laos rose €1,300$1,405 million with respect to 2015.
The GDP per capita of Laos in 2016 was €2,163$2,394, €169$182 higher than in 2015, it was €1,994$2,212. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2006 when the GDP per capita in Laos was €547$687.
If we order the countries according to their GDP per capita, Laos is in 135th position, its population has a low level of affluence compare tothe 195 countries whose GDP we publish.