Service imports — all countries

Service imports — Laos

Service imports in Laos in 2024 — 1,266,985,760 US$. Ranked 130 in the world out of 165. Since 1984, the indicator has risen by 2,103.5%.

2024 1.27B US$ +33.75% vs 2023
World rank 130of 165
Period maximum 1.27B US$2024
Period minimum 25.8M US$1989

Trend over time

1984–2024 · US$

Service imports — Laos, 1984–20240500M1B1.5B198419881992199620002004200820122016202020241984: 57,500,000 US$1985: 42,900,000 US$1986: 33,800,000 US$1987: 38,100,000 US$1988: 26,700,000 US$1989: 25,800,000 US$1990: 26,400,000 US$1991: 47,600,000 US$1992: 71,300,000 US$1993: 75,900,000 US$1994: 152,100,000 US$1995: 121,600,000 US$1996: 126,000,000 US$1997: 209,100,000 US$1998: 179,300,000 US$1999: 103,600,000 US$2000: 43,050,000 US$2001: 30,088,747 US$2002: 28,770,914 US$2003: 28,369,830 US$2004: 31,383,417 US$2005: 38,967,442 US$2006: 37,439,480 US$2007: 43,841,213 US$2008: 107,907,640 US$2009: 135,629,073 US$2010: 263,120,607 US$2011: 330,711,322 US$2012: 738,617,642 US$2013: 1,057,145,947 US$2014: 1,150,082,000 US$2015: 1,078,484,545 US$2016: 1,022,421,805 US$2017: 1,116,354,347 US$2018: 1,249,379,393 US$2019: 1,246,250,508 US$2020: 445,476,747 US$2021: 252,062,701 US$2022: 738,377,045 US$2023: 947,250,935 US$2024: 1,266,985,760 US$
Change over the period: +1.21B (+2,103.45%) Average annual rate: 8.04 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Laos

Laos 1.27B US$
World 8.1T US$
South-Eastern Asia computed 632B US$
Lower-middle-income countries computed 479B US$
Service imports — Laos, by year Laos All countries CSV XLSX
Year US$ Change Change, %
2024 1.27B +320M +33.75%
2023 947M +209M +28.29%
2022 738M +486M +192.93%
2021 252M −193M −43.42%
2020 445M −801M −64.25%
2019 1.25B −3.13M −0.25%
2018 1.25B +133M +11.92%
2017 1.12B +93.93M +9.19%
2016 1.02B −56.06M −5.2%
2015 1.08B −71.6M −6.23%
2014 1.15B +92.94M +8.79%
2013 1.06B +319M +43.12%
2012 739M +408M +123.34%
2011 331M +67.59M +25.69%
2010 263M +127M +94%
2009 136M +27.72M +25.69%
2008 108M +64.07M +146.13%
2007 43.84M +6.4M +17.1%
2006 37.44M −1.53M −3.92%
2005 38.97M +7.58M +24.17%
2004 31.38M +3.01M +10.62%
2003 28.37M −401,084 −1.39%
2002 28.77M −1.32M −4.38%
2001 30.09M −12.96M −30.11%
2000 43.05M −60.55M −58.45%
1999 104M −75.7M −42.22%
1998 179M −29.8M −14.25%
1997 209M +83.1M +65.95%
1996 126M +4.4M +3.62%
1995 122M −30.5M −20.05%
1994 152M +76.2M +100.4%
1993 75.9M +4.6M +6.45%
1992 71.3M +23.7M +49.79%
1991 47.6M +21.2M +80.3%
1990 26.4M +600,000 +2.33%
1989 25.8M −900,000 −3.37%
1988 26.7M −11.4M −29.92%
1987 38.1M +4.3M +12.72%
1986 33.8M −9.1M −21.21%
1985 42.9M −14.6M −25.39%
1984 57.5M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

Source: World Development Indicators (World Bank), license CC BY 4.0.