Lao PDR - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Lao PDR was 28,052,800,000,000 as of 2020. As the graph below shows, over the past 31 years this indicator reached a maximum value of 28,052,800,000,000 in 2020 and a minimum value of 197,707,000,000 in 1989.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

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

Year Value
1989 197,707,000,000
1990 284,668,000,000
1991 317,302,000,000
1992 377,356,000,000
1993 412,895,000,000
1994 488,375,000,000
1995 599,233,000,000
1996 698,875,000,000
1997 1,141,380,000,000
1998 1,433,050,000,000
1999 3,544,220,000,000
2000 4,586,620,000,000
2001 5,131,850,000,000
2002 5,903,360,000,000
2003 6,827,050,000,000
2004 7,645,370,000,000
2005 8,247,420,000,000
2006 9,377,060,000,000
2007 10,458,100,000,000
2008 11,508,700,000,000
2009 12,023,600,000,000
2010 13,301,400,000,000
2011 14,607,300,000,000
2012 15,137,400,000,000
2013 16,830,900,000,000
2014 19,062,000,000,000
2015 20,622,000,000,000
2016 22,275,000,000,000
2017 22,801,000,000,000
2018 23,943,000,000,000
2019 24,877,000,000,000
2020 28,052,800,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts