Trade balance — all countries

Trade balance — Laos

Trade balance in Laos in 2016 — -1,380,097,004 US$. Ranked 120 in the world out of 184. Since 1984, the indicator has fallen by 2,095.6%.

2016 -1.38B US$ +46.54% vs 2015
World rank 120of 184
Period maximum -62.86M US$1984
Period minimum -2.62B US$2013

Trend over time

1984–2016 · US$

Trade balance — Laos, 1984–2016-3B-2B-1B01984198819921996200020042008201220161984: -62,857,145 US$1985: -135,555,549 US$1986: -72,631,579 US$1987: -86,228,060 US$1988: -109,435,417 US$1989: -141,848,840 US$1990: -114,164,595 US$1991: -126,196,449 US$1992: -113,674,456 US$1993: -128,865,625 US$1994: -228,999,999 US$1995: -248,900,017 US$1996: -343,999,995 US$1997: -303,500,005 US$1998: -145,399,975 US$1999: -120,816,254 US$2000: -130,070,000 US$2001: -179,570,000 US$2002: -171,420,000 US$2003: -274,590,000 US$2004: -384,670,000 US$2005: -379,290,001 US$2006: -195,251,363 US$2007: -506,102,740 US$2008: -846,431,329 US$2009: -978,410,149 US$2010: -995,045,076 US$2011: -963,595,092 US$2012: -2,286,425,627 US$2013: -2,616,296,334 US$2014: -2,330,593,303 US$2015: -2,581,428,629 US$2016: -1,380,097,004 US$
Change over the period: −1.32B (−2,095.61%)

Comparison, 2016

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

Laos -1.38B US$
World computed 527B US$
East Asia & Pacific computed 532B US$
South-Eastern Asia computed 144B US$
Lower-middle-income countries computed -224B US$
Trade balance — Laos, by year Laos All countries CSV XLSX
Year US$ Change Change, %
2016 -1.38B +1.2B +46.54%
2015 -2.58B −251M −10.76%
2014 -2.33B +286M +10.92%
2013 -2.62B −330M −14.43%
2012 -2.29B −1.32B −137.28%
2011 -964M +31.45M +3.16%
2010 -995M −16.63M −1.7%
2009 -978M −132M −15.59%
2008 -846M −340M −67.24%
2007 -506M −311M −159.21%
2006 -195M +184M +48.52%
2005 -379M +5.38M +1.4%
2004 -385M −110M −40.09%
2003 -275M −103M −60.19%
2002 -171M +8.15M +4.54%
2001 -180M −49.5M −38.06%
2000 -130M −9.25M −7.66%
1999 -121M +24.58M +16.91%
1998 -145M +158M +52.09%
1997 -304M +40.5M +11.77%
1996 -344M −95.1M −38.21%
1995 -249M −19.9M −8.69%
1994 -229M −100M −77.7%
1993 -129M −15.19M −13.36%
1992 -114M +12.52M +9.92%
1991 -126M −12.03M −10.54%
1990 -114M +27.68M +19.52%
1989 -142M −32.41M −29.62%
1988 -109M −23.21M −26.91%
1987 -86.23M −13.6M −18.72%
1986 -72.63M +62.92M +46.42%
1985 -136M −72.7M −115.66%
1984 -62.86M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

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