Commercial service exports in Laos
Laos: Commercial service exports was 1.73 billion current US$ in 2024. ◆ Volatile
Commercial service exports in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service exports in Laos is 1.73 billion current US$, measured in 2024. That is the highest value across all 41 years on record.
The figure is up 30.5% on the previous year and up 129.7% over ten years.
Over the whole period, commercial service exports in Laos peaked at 1.73 billion current US$ in 2024 and was at its lowest, -6.20 million current US$, in 1992.
That places Laos 116th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service exports in Laos, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 7.60 million current US$ | — |
| 1985 | 10.60 million current US$ | +39.5% |
| 1986 | 12.20 million current US$ | +15.1% |
| 1987 | 13.20 million current US$ | +8.2% |
| 1988 | 6.90 million current US$ | -47.7% |
| 1989 | 10.30 million current US$ | +49.3% |
| 1990 | 10.70 million current US$ | +3.9% |
| 1991 | 19.40 million current US$ | +81.3% |
| 1992 | -6.20 million current US$ | -132.0% |
| 1993 | 81.70 million current US$ | -1417.7% |
| 1994 | 81.20 million current US$ | -0.6% |
| 1995 | 82.40 million current US$ | +1.5% |
| 1996 | 73.80 million current US$ | -10.4% |
| 1997 | 204.70 million current US$ | +177.4% |
| 1998 | 264.30 million current US$ | +29.1% |
| 1999 | 193.20 million current US$ | -26.9% |
| 2000 | 133.60 million current US$ | -30.8% |
| 2001 | 140.57 million current US$ | +5.2% |
| 2002 | 152.18 million current US$ | +8.3% |
| 2003 | 110.61 million current US$ | -27.3% |
| 2004 | 159.57 million current US$ | +44.3% |
| 2005 | 184.46 million current US$ | +15.6% |
| 2006 | 202.67 million current US$ | +9.9% |
| 2007 | 255.33 million current US$ | +26.0% |
| 2008 | 359.43 million current US$ | +40.8% |
| 2009 | 373.96 million current US$ | +4.0% |
| 2010 | 488.79 million current US$ | +30.7% |
| 2011 | 525.59 million current US$ | +7.5% |
| 2012 | 619.07 million current US$ | +17.8% |
| 2013 | 760.49 million current US$ | +22.8% |
| 2014 | 753.72 million current US$ | -0.9% |
| 2015 | 842.98 million current US$ | +11.8% |
| 2016 | 833.40 million current US$ | -1.1% |
| 2017 | 774.44 million current US$ | -7.1% |
| 2018 | 984.61 million current US$ | +27.1% |
| 2019 | 1.18 billion current US$ | +19.7% |
| 2020 | 345.97 million current US$ | -70.6% |
| 2021 | 124.90 million current US$ | -63.9% |
| 2022 | 405.62 million current US$ | +224.7% |
| 2023 | 1.33 billion current US$ | +227.1% |
| 2024 | 1.73 billion current US$ | +30.5% |
Laos compared with similar countries
- Laos's 1.73 billion current US$ is above the median for lower middle income countries, which is 1.21 billion current US$, 1.4× the median. (47 countries reporting)
- Laos's 1.73 billion current US$ is above the median for East Asia & Pacific, which is 1.73 billion current US$, 1.0× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Commercial service exports in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +1417.7% | -6.20 million current US$ | 81.70 million current US$ |
| 2023 | +227.1% | 405.62 million current US$ | 1.33 billion current US$ |
| 2022 | +224.7% | 124.90 million current US$ | 405.62 million current US$ |
| 1997 | +177.4% | 73.80 million current US$ | 204.70 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.13 million current US$ | 6.90 million current US$ | 13.20 million current US$ | 6 |
| 1990s | 100.52 million current US$ | -6.20 million current US$ | 264.30 million current US$ | 10 |
| 2000s | 207.24 million current US$ | 110.61 million current US$ | 373.96 million current US$ | 10 |
| 2010s | 776.15 million current US$ | 488.79 million current US$ | 1.18 billion current US$ | 10 |
| 2020s | 786.85 million current US$ | 124.90 million current US$ | 1.73 billion current US$ | 5 |
Countries ranked near Laos
More private sector data for Laos
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports in Laos?
- Commercial service exports in Laos was 1.73 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service exports recorded in Laos?
- The highest recorded value was 1.73 billion current US$ in 2024.
- What is the lowest commercial service exports recorded in Laos?
- The lowest recorded value was -6.20 million current US$ in 1992.
- How does Laos rank for commercial service exports?
- Laos ranks 116th out of 200 countries with data for 2024.
- Is commercial service exports rising or falling in Laos?
- Over the last ten years it is up 129.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.