Taxes on goods and services (current LCU), per unit of GDP in Laos
Laos: Taxes on goods and services (current LCU), per unit of GDP was 1,119 current LCU per US$ of GDP in 2022. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Laos, 2008–2022
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Laos is 1,119 current LCU per US$ of GDP, measured in 2022. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 57.5% on the previous year and up 65.1% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Laos peaked at 1,119 current LCU per US$ of GDP in 2022 and was at its lowest, 607.88 current LCU per US$ of GDP, in 2008.
Laos ranks 2nd of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Laos, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2008 | 607.88 current LCU per US$ of GDP | — |
| 2009 | 641.02 current LCU per US$ of GDP | +5.5% |
| 2010 | 712.26 current LCU per US$ of GDP | +11.1% |
| 2011 | 672.13 current LCU per US$ of GDP | -5.6% |
| 2012 | 677.53 current LCU per US$ of GDP | +0.8% |
| 2013 | 695.6 current LCU per US$ of GDP | +2.7% |
| 2014 | 769.2 current LCU per US$ of GDP | +10.6% |
| 2015 | 754.66 current LCU per US$ of GDP | -1.9% |
| 2016 | 721.94 current LCU per US$ of GDP | -4.3% |
| 2017 | 734.09 current LCU per US$ of GDP | +1.7% |
| 2018 | 710.32 current LCU per US$ of GDP | -3.2% |
| 2019 | 724.02 current LCU per US$ of GDP | +1.9% |
| 2020 | 615.94 current LCU per US$ of GDP | -14.9% |
| 2021 | 710.19 current LCU per US$ of GDP | +15.3% |
| 2022 | 1,119 current LCU per US$ of GDP | +57.5% |
Laos compared with similar countries
- Laos's 1,119 current LCU per US$ of GDP is above the median for lower middle income countries, which is 3.52 current LCU per US$ of GDP, 317.9× the median. (37 countries reporting)
- Laos's 1,119 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.3173 current LCU per US$ of GDP, 3526.1× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +57.5% | 710.19 current LCU per US$ of GDP | 1,119 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 624.45 current LCU per US$ of GDP | 607.88 current LCU per US$ of GDP | 641.02 current LCU per US$ of GDP | 2 |
| 2010s | 717.17 current LCU per US$ of GDP | 672.13 current LCU per US$ of GDP | 769.2 current LCU per US$ of GDP | 10 |
| 2020s | 815 current LCU per US$ of GDP | 615.94 current LCU per US$ of GDP | 1,119 current LCU per US$ of GDP | 3 |
Countries ranked near Laos
More public sector data for Laos
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
Frequently asked questions
- What is taxes on goods and services (current lcu), per unit of gdp in Laos?
- Taxes on goods and services (current lcu), per unit of gdp in Laos was 1,119 current LCU per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 1,119 current LCU per US$ of GDP in 2022.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was 607.88 current LCU per US$ of GDP in 2008.
- How does Laos rank for taxes on goods and services (current lcu), per unit of gdp?
- Laos ranks 2nd out of 157 countries with data for 2022.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is up 65.1%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.