Commercial service imports (current US$) in Laos
Laos: Commercial service imports was 1.27 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, commercial service imports in Laos stood at 1.27 billion current US$. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 33.7% on the previous year and up 10.4% over ten years.
Over the whole period, commercial service imports in Laos peaked at 1.27 billion current US$ in 2024 and was at its lowest, 13.00 million current US$, in 2000.
Laos ranks 142nd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Laos, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 57.40 million current US$ | — |
| 1985 | 42.80 million current US$ | -25.4% |
| 1986 | 33.70 million current US$ | -21.3% |
| 1987 | 38.00 million current US$ | +12.8% |
| 1988 | 25.80 million current US$ | -32.1% |
| 1989 | 25.10 million current US$ | -2.7% |
| 1990 | 25.20 million current US$ | +0.4% |
| 1991 | 46.50 million current US$ | +84.5% |
| 1992 | 68.60 million current US$ | +47.5% |
| 1993 | 73.10 million current US$ | +6.6% |
| 1994 | 149.40 million current US$ | +104.4% |
| 1995 | 118.60 million current US$ | -20.6% |
| 1996 | 122.60 million current US$ | +3.4% |
| 1997 | 205.50 million current US$ | +67.6% |
| 1998 | 176.00 million current US$ | -14.4% |
| 1999 | 100.50 million current US$ | -42.9% |
| 2000 | 13.00 million current US$ | -87.1% |
| 2001 | 25.39 million current US$ | +95.3% |
| 2002 | 22.53 million current US$ | -11.3% |
| 2003 | 22.41 million current US$ | -0.5% |
| 2004 | 24.06 million current US$ | +7.3% |
| 2005 | 28.61 million current US$ | +18.9% |
| 2006 | 30.81 million current US$ | +7.7% |
| 2007 | 37.70 million current US$ | +22.4% |
| 2008 | 102.26 million current US$ | +171.2% |
| 2009 | 129.82 million current US$ | +27.0% |
| 2010 | 257.52 million current US$ | +98.4% |
| 2011 | 325.02 million current US$ | +26.2% |
| 2012 | 733.36 million current US$ | +125.6% |
| 2013 | 1.05 billion current US$ | +43.1% |
| 2014 | 1.15 billion current US$ | +9.4% |
| 2015 | 1.08 billion current US$ | -6.3% |
| 2016 | 1.02 billion current US$ | -4.9% |
| 2017 | 1.11 billion current US$ | +8.6% |
| 2018 | 1.24 billion current US$ | +11.8% |
| 2019 | 1.24 billion current US$ | -0.0% |
| 2020 | 444.66 million current US$ | -64.2% |
| 2021 | 251.91 million current US$ | -43.3% |
| 2022 | 738.12 million current US$ | +193.0% |
| 2023 | 946.98 million current US$ | +28.3% |
| 2024 | 1.27 billion current US$ | +33.7% |
Laos compared with similar countries
- Laos's 1.27 billion current US$ is below the median for lower middle income countries, which is 2.37 billion current US$, 53% of the median. (47 countries reporting)
- Laos's 1.27 billion current US$ is below the median for East Asia & Pacific, which is 2.40 billion current US$, 53% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 37.13 million current US$ | 25.10 million current US$ | 57.40 million current US$ | 6 |
| 1990s | 108.60 million current US$ | 25.20 million current US$ | 205.50 million current US$ | 10 |
| 2000s | 43.66 million current US$ | 13.00 million current US$ | 129.82 million current US$ | 10 |
| 2010s | 920.43 million current US$ | 257.52 million current US$ | 1.24 billion current US$ | 10 |
| 2020s | 729.64 million current US$ | 251.91 million current US$ | 1.27 billion current US$ | 5 |
Countries ranked near Laos
- 139 South Sudan 1.30 billion current US$ compare
- 140 Botswana 1.29 billion current US$ compare
- 141 Nicaragua 1.28 billion current US$ compare
- 143 Madagascar 1.25 billion current US$ compare
- 144 Palestine 1.23 billion current US$ compare
- 145 Montenegro 1.21 billion current US$ compare
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$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Laos?
- Commercial service imports in Laos was 1.27 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Laos?
- The highest recorded value was 1.27 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Laos?
- The lowest recorded value was 13.00 million current US$ in 2000.
- How does Laos rank for commercial service imports?
- Laos ranks 142nd out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Laos?
- Over the last ten years it is up 10.4%. 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 imports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to 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.