GDP in USD PPP terms reached 53.9 USD bil in 2018 in Laos, according to the National Statistical Office. This is 11.7 % more than in the previous year.
Historically, GDP in USD PPP terms in Laos reached an all time high of 53.9 USD bil in 2018 and an all time low of 1.88 USD bil in 1980. When compared to Laos's main peers, GDP in USD PPP terms in Cambodia amounted to 70.3 USD bil, 25,313 USD bil in China, 1,323 USD bil in Thailand and 708 USD bil in Vietnam in 2018.
Laos has been ranked 110th within the group of 174 countries we follow in terms of GDP in USD PPP terms, 20 places above the position seen 10 years ago.
GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.