Lao PDR - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Lao PDR was $17,046,420,000 as of 2020. Over the past 31 years, the value for this indicator has fluctuated between $17,046,420,000 in 2020 and $714,389,800 in 1989.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1989 $714,389,800
1990 $857,980,900
1991 $1,013,879,000
1992 $1,113,633,000
1993 $1,305,410,000
1994 $1,510,862,000
1995 $1,719,519,000
1996 $1,826,225,000
1997 $1,711,932,000
1998 $1,266,702,000
1999 $1,443,870,000
2000 $1,717,781,000
2001 $1,752,752,000
2002 $1,659,326,000
2003 $1,909,567,000
2004 $2,233,352,000
2005 $2,581,757,000
2006 $3,260,778,000
2007 $3,985,713,000
2008 $5,140,218,000
2009 $5,508,012,000
2010 $6,728,089,000
2011 $7,794,450,000
2012 $9,289,503,000
2013 $10,886,830,000
2014 $12,060,410,000
2015 $12,904,410,000
2016 $14,077,280,000
2017 $15,131,890,000
2018 $16,118,990,000
2019 $16,802,640,000
2020 $17,046,420,000

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Lao PDR was 154,198,000,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 154,198,000,000,000 in 2020 and a minimum value of 416,500,000,000 in 1989.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1989 416,500,000,000
1990 607,236,000,000
1991 711,824,000,000
1992 797,450,000,000
1993 935,000,000,000
1994 1,084,300,000,000
1995 1,383,680,000,000
1996 1,681,990,000,000
1997 2,157,000,000,000
1998 4,178,000,000,000
1999 10,254,400,000,000
2000 13,532,700,000,000
2001 15,560,900,000,000
2002 16,687,800,000,000
2003 20,081,000,000,000
2004 23,640,900,000,000
2005 27,509,000,000,000
2006 33,108,700,000,000
2007 38,273,700,000,000
2008 44,926,400,000,000
2009 46,880,600,000,000
2010 55,534,700,000,000
2011 62,583,700,000,000
2012 74,377,100,000,000
2013 85,279,000,000,000
2014 96,994,900,000,000
2015 104,882,000,000,000
2016 114,369,000,000,000
2017 124,760,000,000,000
2018 135,421,000,000,000
2019 145,837,000,000,000
2020 154,198,000,000,000

Gross value added at factor cost (constant 2010 US$)

The latest value for Gross value added at factor cost (constant 2010 US$) in Lao PDR was 16,607,610,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 16,607,610,000 in 2020 and 4,524,277,000 in 2000.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 4,524,277,000
2001 4,779,341,000
2002 5,058,297,000
2003 5,365,184,000
2004 5,706,286,000
2005 6,111,864,000
2006 6,638,662,000
2007 7,142,990,000
2008 7,701,922,000
2009 8,279,703,000
2010 8,985,705,000
2011 9,708,035,000
2012 10,487,230,000
2013 11,284,870,000
2014 12,081,080,000
2015 12,904,410,000
2016 13,798,920,000
2017 14,748,700,000
2018 15,670,570,000
2019 16,524,470,000
2020 16,607,610,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Lao PDR was 117,784,000,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 117,784,000,000,000 in 2020 and a minimum value of 32,086,800,000,000 in 2000.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 32,086,800,000,000
2001 33,895,800,000,000
2002 35,874,200,000,000
2003 38,050,700,000,000
2004 40,469,800,000,000
2005 43,346,300,000,000
2006 47,082,400,000,000
2007 50,659,200,000,000
2008 54,623,200,000,000
2009 58,720,900,000,000
2010 63,728,000,000,000
2011 68,850,800,000,000
2012 74,377,000,000,000
2013 80,034,000,000,000
2014 85,680,800,000,000
2015 91,520,000,000,000
2016 97,864,000,000,000
2017 104,600,000,000,000
2018 111,138,000,000,000
2019 117,194,000,000,000
2020 117,784,000,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts