Gross domestic product (GDP) in Laos 2029

The gross domestic product (GDP) in current prices in Laos was forecast to continuously decrease between 2024 and 2029 by in total 4.2 billion U.S. dollars (-28.09 percent). According to this forecast, in 2029, the GDP will have decreased for the fifth consecutive year to 10.75 billion U.S. dollars. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Timor-Leste, Malaysia, and Indonesia.

老挝按当前价格计算的国内生产总值（GDP）预计将在2024年至2029年期间持续下降，总计减少420亿美元（-28.09%）。根据此预测，到2029年，GDP将连续第五年下降至107.5亿美元。该指标描述了按当前价格计算的国内生产总值，与国际货币基金组织给出的定义一致。这意味着这些数值是基于国民货币的GDP按市场汇率（年度平均值）转换为美元。国内生产总值代表了在一年内生产的最终商品和服务的总价值。欲了解更多关于东帝汶、马来西亚和印度尼西亚等国家按当前价格计算的国内生产总值（GDP）的关键见解。