Gross Domestic Product of Laos fell -0.4% in 2020 compared to last year. This rate is 51 -tenths of one percent less than the previous year, when changed 4.7%.
The GDP figure in 2020 was €16,477$18,820 million, Laos is number 115 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Laos dropped €290$49 million with respect to 2019.
The GDP per capita of Laos in 2020 was €2,265$2,587, €74$31 less than in 2019, when it was €2,339$2,618. 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 2010 when the GDP per capita in Laos was €906$1,201.
If we order the countries according to their GDP per capita, Laos is in 138th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish.