Home Lao PDR Trade Trade Openness

Lao PDR Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

75.09% −10.71% (-12.5%)
Year 2016 Rank #92 Global Peak 99.06% (2014) Source World Bank

Lao PDR Trade Openness (1984–2016)

Overview

Lao PDR's trade openness stood at 75.09% in 2016, a decline of +10.71% from 2015. Lao PDR ranked 92nd globally.

Data & projection

Year Trade Openness YoY change Rank
2016 75.09% −10.71% #92
2015 85.80% −13.26% #105
2014 99.06% +0.88% #117
2013 98.18% −0.01% #116
2012 98.19% +6.49% #108
2011 91.70% +6.98% #104
2010 84.72% +7.79% #99
2009 76.93% −4.92% #95
2008 81.85% +2.64% #87
2007 79.21% −2.75% #84
2006 81.96% +10.17% #88
2005 71.79% +5.71% #76
2004 66.08% +5.51% #62
2003 60.57% −6.68% #60
2002 67.25% +1.36% #75
Show all years (1984-2016)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.3% GDP growth 3.7% C/A balance 2.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Lao PDR matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Lao PDR's trade openness?

Lao PDR's trade openness was 75.09% in 2016. Ranked 92nd globally. This represents a 12.5% decrease from the previous year.

What was the highest trade openness in Lao PDR?

Lao PDR's trade openness peaked at 99.06% in 2014.

What was the lowest trade openness in Lao PDR?

The lowest trade openness in Lao PDR was 9.11% in 1984.

How does Lao PDR rank in trade openness?

Lao PDR ranks 92nd globally in trade openness as of 2016.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the trade openness of Lao PDR in 2016?

The trade openness of Lao PDR in 2016 was 75.09%. This ranks 92nd in the world.

Cite this page

APA
Lao PDR Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/lao-pdr/trade-openness
BibTeX
@misc{historysaid_lao-pdr_trade-openness, title = {Lao PDR Trade Openness}, url = {https://historysaid.com/lao-pdr/trade-openness}, publisher = {HistorySaid}, year = {2026} }