Europe & Central Asia (IDA & IBRD countries) vs Laos: Merchandise trade (% of GDP)
Merchandise trade (% of GDP) over time
- Europe & Central Asia (IDA & IBRD countries)
- Laos
How they compare
Laos currently reports 124.1% against 47.8% in Europe & Central Asia (IDA & IBRD countries), a difference of 76.3%.
That makes Laos's figure about 2.6 times Europe & Central Asia (IDA & IBRD countries)'s.
The two have swapped places 9 times across 37 shared years of data; in 1984 it was Europe & Central Asia (IDA & IBRD countries) ahead.
Europe & Central Asia (IDA & IBRD countries) ranks 14th and Laos ranks 15th of 47 groups.
Across the 5 decades both report, Europe & Central Asia (IDA & IBRD countries) averaged higher in 2 and Laos in 3.
Head to head by decade
| Decade | Europe & Central Asia (IDA & IBRD countries) | Laos | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 53.6% | 11.9% | 41.6% | Europe & Central Asia (IDA & IBRD countries) |
| 1990s | 36.8% | 54.8% | 17.9% | Laos |
| 2000s | 53.1% | 46.9% | 6.2% | Europe & Central Asia (IDA & IBRD countries) |
| 2010s | 53.4% | 57.1% | 3.7% | Laos |
| 2020s | 56.5% | 94.9% | 38.4% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Europe & Central Asia (IDA & IBRD countries) or Laos?
- Laos, at 124.1% against 47.8% in Europe & Central Asia (IDA & IBRD countries) as of 2025.
- What is the difference in merchandise trade between Europe & Central Asia (IDA & IBRD countries) and Laos?
- 76.3%, with Laos ahead.
- How many years of comparable data are there for Europe & Central Asia (IDA & IBRD countries) and Laos?
- 37 years are reported by both, from 1984 to 2025.
- How do Europe & Central Asia (IDA & IBRD countries) and Laos rank globally for merchandise trade?
- Europe & Central Asia (IDA & IBRD countries) ranks 14th and Laos ranks 15th of 47 groups.
- Where does this data come from?
- World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. 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.