Travel services in Lao People's Democratic Republic
Lao People's Democratic Republic: Travel services was 74.9% in 2024. ◆ Volatile
Travel services in Lao People's Democratic Republic, 1988–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service exports.
Analysis
In 2024, travel services in Lao People's Democratic Republic stood at 74.9%.
Compared with earlier readings it is down 4.7% on the previous year and down 12.0% over ten years.
Over the whole period, travel services in Lao People's Democratic Republic peaked at 85.9% in 2016 and was at its lowest, -291.9%, in 1992.
Lao People's Democratic Republic ranks 30th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Travel services in Lao People's Democratic Republic, year by year
| Year | % of commercial service exports | Change |
|---|---|---|
| 1988 | 8.7% | — |
| 1989 | 16.5% | +89.8% |
| 1990 | 24.3% | +47.2% |
| 1991 | 38.7% | +59.1% |
| 1992 | -291.9% | -855.1% |
| 1993 | 41.6% | -114.3% |
| 1994 | 52.6% | +26.4% |
| 1995 | 62.4% | +18.6% |
| 1996 | 84.4% | +35.3% |
| 1997 | 28.2% | -66.6% |
| 1998 | 35.9% | +27.3% |
| 1999 | 42.3% | +17.8% |
| 2000 | 85.3% | +101.4% |
| 2001 | 73.8% | -13.4% |
| 2002 | 70.2% | -4.9% |
| 2003 | 66.9% | -4.7% |
| 2004 | 74.6% | +11.4% |
| 2005 | 75.4% | +1.2% |
| 2006 | 77.8% | +3.1% |
| 2007 | 74.2% | -4.7% |
| 2008 | 76.7% | +3.3% |
| 2009 | 71.6% | -6.6% |
| 2010 | 78.1% | +9.1% |
| 2011 | 77.3% | -1.0% |
| 2012 | 82.5% | +6.7% |
| 2013 | 78.2% | -5.2% |
| 2014 | 85.1% | +8.8% |
| 2015 | 85.9% | +0.9% |
| 2016 | 85.9% | +0.0% |
| 2017 | 83.7% | -2.6% |
| 2018 | 82.4% | -1.6% |
| 2019 | 79.3% | -3.7% |
| 2020 | 61.7% | -22.2% |
| 2022 | 65.2% | +5.6% |
| 2023 | 78.6% | +20.5% |
| 2024 | 74.9% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 12.6% | 8.7% | 16.5% | 2 |
| 1990s | 11.9% | -291.9% | 84.4% | 10 |
| 2000s | 74.6% | 66.9% | 85.3% | 10 |
| 2010s | 81.8% | 77.3% | 85.9% | 10 |
| 2020s | 70.1% | 61.7% | 78.6% | 4 |
Countries ranked near Lao People's Democratic Republic
More private sector data for Lao People's Democratic Republic
- 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 travel services in Lao People's Democratic Republic?
- Travel services in Lao People's Democratic Republic was 74.9% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Lao People's Democratic Republic?
- The highest recorded value was 85.9% in 2016.
- What is the lowest travel services recorded in Lao People's Democratic Republic?
- The lowest recorded value was -291.9% in 1992.
- How does Lao People's Democratic Republic rank for travel services?
- Lao People's Democratic Republic ranks 30th out of 198 countries with data for 2024.
- Is travel services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 12.0%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Travel services (% of commercial service exports). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are commercial services provided by residents to non-residents.