Gross domestic product (GDP) in Laos 2029
The gross domestic product (GDP) in current prices in Laos was forecast to continuously decrease between 2024 and 2029 by in total 4.2 billion U.S. dollars (-28.09 percent). According to this forecast, in 2029, the GDP will have decreased for the fifth consecutive year to 10.75 billion U.S. dollars.
This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Timor-Leste, Malaysia, and Indonesia.
This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Timor-Leste, Malaysia, and Indonesia.
