Taxes on international trade in Lao People's Democratic Republic
Lao People's Democratic Republic: Taxes on international trade was 2.59 trillion current LCU in 2022. ▲ Rising
Taxes on international trade in Lao People's Democratic Republic, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Lao People's Democratic Republic is 2.59 trillion current LCU, measured in 2022. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 115.3% on the previous year and up 125.1% over ten years.
Over the whole period, taxes on international trade in Lao People's Democratic Republic peaked at 2.59 trillion current LCU in 2022 and was at its lowest, 696.45 billion current LCU, in 2008.
That places Lao People's Democratic Republic 12th out of 155 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on international trade in Lao People's Democratic Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 696.45 billion current LCU | — |
| 2009 | 775.05 billion current LCU | +11.3% |
| 2010 | 890.86 billion current LCU | +14.9% |
| 2011 | 1.08 trillion current LCU | +21.2% |
| 2012 | 1.15 trillion current LCU | +6.7% |
| 2013 | 1.30 trillion current LCU | +12.5% |
| 2014 | 1.66 trillion current LCU | +27.8% |
| 2015 | 1.59 trillion current LCU | -4.3% |
| 2016 | 1.79 trillion current LCU | +13.1% |
| 2017 | 999.56 billion current LCU | -44.3% |
| 2018 | 1.10 trillion current LCU | +9.8% |
| 2019 | 1.02 trillion current LCU | -6.7% |
| 2020 | 1.08 trillion current LCU | +6.0% |
| 2021 | 1.21 trillion current LCU | +11.1% |
| 2022 | 2.59 trillion current LCU | +115.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 735.75 billion current LCU | 696.45 billion current LCU | 775.05 billion current LCU | 2 |
| 2010s | 1.26 trillion current LCU | 890.86 billion current LCU | 1.79 trillion current LCU | 10 |
| 2020s | 1.63 trillion current LCU | 1.08 trillion current LCU | 2.59 trillion current LCU | 3 |
Countries ranked near Lao People's Democratic Republic
More public sector data for Lao People's Democratic Republic
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 3.43 current USD per person (2013)
- Military expenditure (current USD), per unit of GDP 0.0019 current USD per US$ of GDP (2013)
- Military expenditure (current USD), annual growth rate 11.56 % change on previous year (2013)
- Military expenditure (current USD), gaps filled 22.68 million current USD (2013)
- Arms imports (SIPRI trend indicator values), per square kilometre 13 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on international trade in Lao People's Democratic Republic?
- Taxes on international trade in Lao People's Democratic Republic was 2.59 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Lao People's Democratic Republic?
- The highest recorded value was 2.59 trillion current LCU in 2022.
- What is the lowest taxes on international trade recorded in Lao People's Democratic Republic?
- The lowest recorded value was 696.45 billion current LCU in 2008.
- How does Lao People's Democratic Republic rank for taxes on international trade?
- Lao People's Democratic Republic ranks 12th out of 155 countries with data for 2022.
- Is taxes on international trade rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 125.1%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.