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Economy of Afghanistan vs Laos compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $16.5B for Laos, ranking 137/197 and 139/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $16.6B (100.5% of GDP) in Laos.

Afghanistan vs Laos GDP by year

Afghanistan
Laos
1x
Year GDP, current $
Afghanistan Laos
2024 - $16,502,933,121
2023 $17,152,234,637 $15,843,155,731
2022 $14,497,243,872 $15,468,785,204
2021 $14,259,995,441 $18,827,148,531
2020 $19,955,929,052 $18,981,805,250
2019 $18,799,444,490 $18,740,561,513
2018 $18,053,222,687 $18,141,641,090
2017 $18,753,456,498 $17,071,155,481
2016 $18,116,572,395 $15,912,501,723
2015 $19,134,221,645 $14,426,380,126
2014 $20,497,128,556 $13,279,245,886
2013 $20,146,416,758 $11,983,252,627
2012 $19,907,329,778 $10,192,846,339
2011 $17,805,098,206 $8,750,104,617
2010 $15,856,668,556 $7,131,771,015
2009 $12,416,152,732 $5,836,137,330
2008 $10,109,297,048 $5,446,433,157
2007 $9,747,886,187 $4,223,152,739
2006 $6,971,758,282 $3,455,030,061
2005 $6,203,256,539 $2,735,558,735
2004 $5,224,896,719 $2,366,398,120
2003 $4,520,946,819 $2,023,324,407
2002 $3,825,701,439 $1,758,176,653
2001 $2,813,571,754 $1,768,619,058
2000 $3,521,418,060 $1,731,198,022
1999 - $1,454,430,642
1998 - $1,280,177,839
1997 - $1,747,011,857
1996 - $1,873,671,550
1995 - $1,763,536,305
1994 - $1,543,606,345
1993 - $1,327,748,690
1992 - $1,127,806,945
1991 - $1,028,087,972
1990 - $865,559,879
1989 - $714,046,821
1988 - $598,961,269
1987 - $1,087,273,104
1986 - $1,776,842,097
1985 - $2,366,666,616
1984 - $1,757,142,856

Data sources: World Bank | Economy & Growth (1984–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/laos | CC BY

GDP per capita in Afghanistan vs Laos by year

Afghanistan
GDP per capita

GDP per capita, PPP
Laos
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Laos
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $2,124 $9,776
2023 $414 $2,202 $2,067 $9,292
2022 $357 $2,123 $2,046 $8,766
2021 $356 $2,144 $2,526 $8,080
2020 $511 $2,562 $2,584 $7,913
2019 $497 $2,583 $2,589 $7,743
2018 $491 $2,432 $2,545 $7,487
2017 $525 $2,336 $2,432 $7,142
2016 $522 $2,213 $2,303 $6,743
2015 $566 $2,284 $2,121 $6,086
2014 $625 $2,224 $1,981 $5,799
2013 $637 $2,133 $1,813 $5,222
2012 $651 $1,988 $1,564 $4,781
2011 $607 $1,744 $1,362 $4,100
2010 $561 $1,766 $1,126 $3,772
2009 $452 $1,571 $935 $3,485
2008 $382 $1,334 $886 $3,271
2007 $376 $1,287 $697 $3,021
2006 $274.2 $1,122 $579 $2,777
2005 $254.2 $1,076 $466 $2,519
2004 $221.8 $972 $409 $2,315
2003 $198.9 $967 $355 $2,151
2002 $179 $927 $313 $2,020
2001 $138.7 $748 $320 $1,908
2000 $174.9 $814 $319 $1,794
1999 - - $272.3 $1,686
1998 - - $243.9 $1,577
1997 - - $339 $1,528
1996 - - $371 $1,435
1995 - - $358 $1,349
1994 - - $321 $1,265
1993 - - $283.4 $1,176
1992 - - $247.3 $1,114
1991 - - $231.8 $1,061
1990 - - $200.7 $1,012
1989 - - $170.4 -
1988 - - $147.1 -
1987 - - $274.7 -
1986 - - $462 -
1985 - - $633 -
1984 - - $483 -

Data sources: World Bank | Economy & Growth (1984–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/laos | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $2,124 in Laos, ranking 155/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Laos ranks 134th at $9,776.

Economic indicators

Afghanistan Laos
Gross domestic product
$17.2B
2023
$16.5B
2024
GDP rank
137/197
2023
139/197
2024
GDP growth
2.27%
2022-2023
4.13%
2023-2024
GDP per capita
$414
2023
$2,124
2024
GDP per capita rank
196/197
2023
155/197
2024
GDP per capita, PPP
$2,202
2023
$9,776
2024
GDP per capita PPP rank
184/197
2023
134/197
2024
Government debt
$1.44B
2023
$16.6B
2024
Debt-to-GDP ratio
8.8%
2024
100.5%
2024
Government debt per person
$34.8
2023
$2,134
2024
Government debt per person rank
185/185
2023
119/185
2024
Average annual personal income after taxes
$1,869
2026
$2,096
2026
Income share by richest 10% n/a
31.2%
2018
Income share by poorest 10% n/a
3%
2018
Government expenditure, % of GDP
19.4%
2024
15.7%
2024
Consumer prices inflation
-4.3%
2023-2024
23.1%
2023-2024
Central bank interest rate
6%
2021
n/a
Unemployment rate
5.68%
2021
1.21%
2022
Population
45409324
8004838

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Laos
Spending

Debt
1x
Year % of GDP
Afghanistan Laos
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 15.7% 100.5%
2023 17% 8.42% 16.4% 116.5%
2022 16.1% 10.8% 14.7% 130.7%
2021 17.9% 11.2% 15.7% 92.9%
2020 27.9% 7.33% 18.4% 76%
2019 28% 6.14% 18.6% 69.1%
2018 28.9% 7.38% 20.7% 60.6%
2017 27.7% 8% 21.8% 57.2%
2016 28% 8.44% 21.1% 54.5%
2015 25.9% 9.15% 25.8% 53.1%
2014 25.4% 8.7% 25% 53.5%
2013 25% 6.92% 24.2% 49.5%
2012 25% 6.77% 24.7% 46.1%
2011 21.9% 7.52% 20.2% 43%
2010 20.8% 7.71% 22.4% 49.3%
2009 21.2% 16.2% 20.1% 51.8%
2008 20.9% 19.1% 16.1% 51.7%
2007 21.4% 20.1% 15.1% 55.9%
2006 18.3% 23% 14.7% 60%
2005 15.7% 206.4% 15.3% 73.2%
2004 15.1% 245% 13.6% 80.7%
2003 11.9% 270.6% 16% 90.1%
2002 6.94% 346% 16.6% 95.3%
2001 - - 18.8% 94.7%
2000 - - 19.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/laos | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Laos spent $2.58B, or 15.7% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 100.5% in Laos, ranking 181/185 and 24/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Laos
1x
Year Deficit/surplus, % of GDP
Afghanistan Laos
2024 -0.54% 2.34%
2023 -1.33% -0.01%
2022 -1% 0.06%
2021 -0.48% -0.67%
2020 -2.24% -5.37%
2019 -1.06% -3.2%
2018 1.63% -4.46%
2017 -0.67% -5.51%
2016 0.13% -5.06%
2015 -1.38% -5.57%
2014 -1.72% -3.13%
2013 -0.63% -4.03%
2012 0.18% -2.34%
2011 -0.67% -1.43%
2010 0.93% -1.47%
2009 -1.76% -3.1%
2008 -3.86% -1.86%
2007 -2.46% -1.12%
2006 0.68% -1.48%
2005 -0.92% -2.54%
2004 -2.39% -1.81%
2003 -2.1% -3.89%
2002 -0.1% -2.85%
2001 - -3.68%
2000 - -3.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/laos | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Laos' deficit of $1.94M, or 0.01% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Laos ran a deficit in 21 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to deficit of 2.77% of GDP for Laos.

Inflation comparison by year

Inflation
Afghanistan

Laos
1x
Year Consumer prices inflation
Afghanistan Laos
2024 -4.3% 23.1%
2023 -7.7% 31.2%
2022 10.6% 23%
2021 7.8% 3.8%
2020 5.6% 5.1%
2019 2.3% 3.3%
2018 0.6% 2%
2017 5% 0.8%
2016 4.4% 1.6%
2015 -0.7% 1.3%
2014 4.7% 4.1%
2013 7.4% 6.4%
2012 6.4% 4.3%
2011 11.8% 7.6%
2010 2.2% 6%
2009 -6.8% 0.1%
2008 26.4% 7.6%
2007 8.7% 4.7%
2006 6.8% 6.5%
2005 10.6% 7.2%
2004 16.4% 10.5%
2003 35.7% 15.5%
2002 - 10.6%
2001 - 7.8%
2000 - 8.4%
1999 - 128.4%
1998 - 90.1%
1997 - 19.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/laos | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 7.99% in Laos. In 2024, inflation was -4.3% in Afghanistan and 23.1% in Laos.

Top exports between countries

Afghanistan
Export category Export value
Laos
Export category Export value
Machinery & equipment $69K

Balance of trade

Afghanistan Laos
Current account balance
-$3.14B
2020
$531M
2024
Current account balance ranking
159/190
2020
61/190
2024
Current account balance, % of GDP
-15.7%
2020
+3.22%
2024
Goods imports
$5.88B
2020
$8.66B
2024
Goods exports
$777M
2020
$9.39B
2024
Service imports
$1.11B
2020
$1.27B
2024
Service exports
$700M
2020
$1.73B
2024
Imports of goods and services, % of GDP
50.7%
2023
41.9%
2016
Exports of goods and services, % of GDP
16.9%
2023
33.2%
2016

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Laos
Economic freedom 53 50.9
Economic freedom ranking 142/197 157/197
Property rights 3.6 41.1
Government integrity 13.5 25.9
Judicial effectiveness 0 10.2
Tax burden 92 88.5
Government spending 90.8 92.7
Fiscal health 98.4 80
Business freedom 33.7 54.2
Labor freedom 44.4 40.7
Monetary freedom 84.9 53.3
Trade freedom 68.6 69
Investment freedom 10 35
Financial freedom 10 20

Economic freedom comparison by year

Afghanistan
Laos
1x
Year Economic freedom index
Afghanistan Laos
2026 - 50.9
2025 - 51.1
2024 - 50.6
2023 - 50.3
2022 - 49.2
2021 53 53.9
2020 54.7 55.5
2019 51.5 57.4
2018 51.3 53.6
2017 48.9 54
2016 - 49.8
2015 - 51.4
2014 - 51.2
2013 - 50.1
2012 - 50
2011 - 51.3
2010 - 51.1
2009 - 50.4
2008 - 50.3
2007 - 50.3
2006 - 47.5
2005 - 44.4
2004 - 42
2003 - 41
2002 - 36.8
2001 - 33.5
2000 - 36.8
1999 - 35.2
1998 - 35.2
1997 - 35.1
1996 - 38.5

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/laos | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 50.9 for Laos, ranking 157/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Laos
Services, % of GDP
46.4%
2023
43.5%
2024
Industry, % of GDP
13.4%
2023
29%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
16.8%
2024
GNI, Atlas method
$15.5B
2023
$15.5B
2024
GNI per capita, PPP
$2,210
2023
$9,160
2024
Total reserves including gold
$9.75B
2020
$1.77B
2023
Total reserves ranking
78/177
2020
129/177
2023
Net foreign direct investment
$24.3M
2020
-$988M
2024
Net inflows of foreign direct investment
$0
2024
$988M
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
13.8%
2024
Poverty at national poverty lines
47.1%
2019
22%
2020
Gross capital formation, % of GDP
15.3%
2023
29%
2016

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/laos | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1984–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. TradeMap (2023, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.