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Economy of Brazil vs Laos compared: GDP & Debt

Updated on by Georank team

Brazil has a GDP of $2.19T compared to $16.5B for Laos, ranking 10/197 and 139/197 by economy size, respectively.

Brazil has $1.91T in government debt (87.3% of GDP), compared to $16.6B (100.5% of GDP) in Laos.

Brazil vs Laos GDP by year

Brazil
Laos
1x
Year GDP, current $
Brazil Laos
2024 $2,185,821,648,944 $16,502,933,121
2023 $2,191,131,869,706 $15,843,155,731
2022 $1,951,923,832,084 $15,468,785,204
2021 $1,670,647,464,063 $18,827,148,531
2020 $1,476,107,292,152 $18,981,805,250
2019 $1,873,288,158,839 $18,740,561,513
2018 $1,916,933,708,353 $18,141,641,090
2017 $2,063,514,688,806 $17,071,155,481
2016 $1,795,693,265,999 $15,912,501,723
2015 $1,802,211,999,456 $14,426,380,126
2014 $2,456,043,766,032 $13,279,245,886
2013 $2,472,819,362,044 $11,983,252,627
2012 $2,465,228,293,707 $10,192,846,339
2011 $2,616,156,606,579 $8,750,104,617
2010 $2,208,838,108,484 $7,131,771,015
2009 $1,666,996,294,252 $5,836,137,330
2008 $1,695,855,391,758 $5,446,433,157
2007 $1,397,114,247,189 $4,223,152,739
2006 $1,107,626,711,163 $3,455,030,061
2005 $891,633,826,625 $2,735,558,735
2004 $669,289,321,945 $2,366,398,120
2003 $558,233,724,165 $2,023,324,407
2002 $509,795,270,685 $1,758,176,653
2001 $559,983,704,094 $1,768,619,058
2000 $655,448,188,259 $1,731,198,022
1999 $599,642,075,004 $1,454,430,642
1998 $863,711,007,325 $1,280,177,839
1997 $883,206,452,795 $1,747,011,857
1996 $850,426,433,004 $1,873,671,550
1995 $769,333,330,412 $1,763,536,305
1994 $525,369,851,354 $1,543,606,345
1993 $368,295,778,245 $1,327,748,690
1992 $328,187,960,872 $1,127,806,945
1991 $342,609,231,343 $1,028,087,972
1990 $390,725,626,003 $865,559,879
1989 $412,990,820,287 $714,046,821
1988 $307,881,930,752 $598,961,269
1987 $283,056,836,894 $1,087,273,104
1986 $256,480,852,471 $1,776,842,097
1985 $210,879,844,639 $2,366,666,616
1984 $188,339,974,087 $1,757,142,856
1983 $189,656,506,321 -
1982 $271,314,113,768 -
1981 $258,015,174,749 -
1980 $237,393,489,893 -
1979 $221,338,204,480 -
1978 $200,278,646,124 -
1977 $176,344,101,402 -
1976 $153,168,949,208 -
1975 $129,203,555,239 -
1974 $109,794,519,728 -
1973 $83,592,275,863 -
1972 $58,434,858,375 -
1971 $48,869,830,902 -
1970 $42,327,664,794 -
1969 $37,171,640,819 -
1968 $33,930,457,425 -
1967 $31,086,389,195 -
1966 $28,283,323,733 -
1965 $22,465,522,884 -
1964 $20,963,733,695 -
1963 $23,287,712,878 -
1962 $19,231,747,852 -
1961 $17,275,940,449 -
1960 $17,030,465,539 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Brazil vs Laos by year

Brazil
GDP per capita

GDP per capita, PPP
Laos
GDP per capita

GDP per capita, PPP
1x
Year Current $
Brazil Laos
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,311 $22,338 $2,124 $9,776
2023 $10,378 $21,176 $2,067 $9,292
2022 $9,281 $19,877 $2,046 $8,766
2021 $7,973 $18,076 $2,526 $8,080
2020 $7,074 $16,102 $2,584 $7,913
2019 $9,030 $16,070 $2,589 $7,743
2018 $9,301 $15,464 $2,545 $7,487
2017 $10,081 $14,559 $2,432 $7,142
2016 $8,836 $14,309 $2,303 $6,743
2015 $8,936 $14,821 $2,121 $6,086
2014 $12,275 $15,827 $1,981 $5,799
2013 $12,459 $15,722 $1,813 $5,222
2012 $12,522 $15,198 $1,564 $4,781
2011 $13,397 $15,212 $1,362 $4,100
2010 $11,403 $14,452 $1,126 $3,772
2009 $8,679 $13,391 $935 $3,485
2008 $8,908 $13,445 $886 $3,271
2007 $7,410 $12,673 $697 $3,021
2006 $5,934 $11,751 $579 $2,777
2005 $4,828 $11,081 $466 $2,519
2004 $3,664 $10,526 $409 $2,315
2003 $3,091 $9,802 $355 $2,151
2002 $2,856 $9,617 $313 $2,020
2001 $3,176 $9,304 $320 $1,908
2000 $3,767 $9,092 $319 $1,794
1999 $3,494 $8,635 $272.3 $1,686
1998 $5,106 $8,599 $243.9 $1,577
1997 $5,299 $8,602 $339 $1,528
1996 $5,179 $8,301 $371 $1,435
1995 $4,757 $8,097 $358 $1,349
1994 $3,299 $7,727 $321 $1,265
1993 $2,349 $7,260 $283.4 $1,176
1992 $2,127 $6,869 $247.3 $1,114
1991 $2,258 $6,867 $231.8 $1,061
1990 $2,620 $6,688 $200.7 $1,012
1989 $2,819 - $170.4 -
1988 $2,141 - $147.1 -
1987 $2,006 - $274.7 -
1986 $1,854 - $462 -
1985 $1,556 - $633 -
1984 $1,420 - $483 -
1983 $1,461 - - -
1982 $2,138 - - -
1981 $2,080 - - -
1980 $1,959 - - -
1979 $1,870 - - -
1978 $1,733 - - -
1977 $1,562 - - -
1976 $1,390 - - -
1975 $1,201 - - -
1974 $1,045 - - -
1973 $815 - - -
1972 $583 - - -
1971 $500 - - -
1970 $444 - - -
1969 $399 - - -
1968 $374 - - -
1967 $351 - - -
1966 $328 - - -
1965 $268 - - -
1964 $257.3 - - -
1963 $294.2 - - -
1962 $250.2 - - -
1961 $231.6 - - -
1960 $235.3 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Brazil's GDP per capita is $10,311, ranking 85/197, compared to $2,124 in Laos, ranking 155/197. Adjusted for purchasing power (GDP per capita PPP), Brazil ranks 88th at $22,338, while Laos ranks 134th at $9,776.

Economic indicators

Brazil Laos
Gross domestic product
$2.19T
2024
$16.5B
2024
GDP rank
10/197
2024
139/197
2024
GDP growth
3.42%
2023-2024
4.13%
2023-2024
GDP per capita
$10,311
2024
$2,124
2024
GDP per capita rank
85/197
2024
155/197
2024
GDP per capita, PPP
$22,338
2024
$9,776
2024
GDP per capita PPP rank
88/197
2024
134/197
2024
Government debt
$1.91T
2024
$16.6B
2024
Debt-to-GDP ratio
87.3%
2024
100.5%
2024
Government debt per person
$8,999
2024
$2,134
2024
Government debt per person rank
60/185
2024
119/185
2024
Average annual personal income after taxes
$6,263
2026
$2,096
2026
Market capitalization of domestic companies
$659B
2024
n/a
Number of millionaires
433,000
2025
n/a
Number of billionaires
56
2025
n/a
Income share by richest 10%
40.8%
2023
31.2%
2018
Income share by poorest 10%
1.3%
2023
3%
2018
Government expenditure, % of GDP
45.7%
2024
15.7%
2024
Consumer prices inflation
4.4%
2023-2024
23.1%
2023-2024
Central bank interest rate
15%
2025
n/a
Unemployment rate
6.8%
2024
1.21%
2022
Population
213824938
8004838

Spending and national debt comparison by year

Brazil
Spending

Debt
Laos
Spending

Debt
1x
Year % of GDP
Brazil Laos
Government spending Government debt Government spending Government debt
2024 45.7% 87.3% 15.7% 100.5%
2023 45.3% 84% 16.4% 116.5%
2022 43.4% 83.9% 14.7% 130.7%
2021 40.4% 88.9% 15.7% 92.9%
2020 46.2% 96% 18.4% 76%
2019 43% 87.1% 18.6% 69.1%
2018 44.2% 84.8% 20.7% 60.6%
2017 44.3% 82.7% 21.8% 57.2%
2016 45.5% 77.4% 21.1% 54.5%
2015 46.2% 71.7% 25.8% 53.1%
2014 41.4% 61.6% 25% 53.5%
2013 39.8% 59.6% 24.2% 49.5%
2012 39.3% 61.6% 24.7% 46.1%
2011 39.4% 60.6% 20.2% 43%
2010 39.5% 62.4% 22.4% 49.3%
2009 40.5% 64.7% 20.1% 51.8%
2008 39.9% 61.4% 16.1% 51.7%
2007 40.4% 63% 15.1% 55.9%
2006 42.6% 64.6% 14.7% 60%
2005 41.9% 67% 15.3% 73.2%
2004 39.7% 68% 13.6% 80.7%
2003 41.3% 71.5% 16% 90.1%
2002 44.5% 76.1% 16.6% 95.3%
2001 39.8% 67.3% 18.8% 94.7%
2000 34.5% 62.2% 19.9% -
1999 39.6% 44.5% - -
1998 40.9% 38.9% - -
1997 38.6% 31.8% - -
1996 38.2% 30.7% - -
1995 - 28% - -
1994 - 30% - -
1993 - 32.6% - -
1992 - 37.1% - -
1991 - 38.1% - -
1990 - 40.6% - -
1989 - 40.2% - -
1988 - 46.9% - -
1987 - 50.3% - -
1986 11.7% 49.4% - -
1985 11.1% 52.6% - -
1984 10% 55.8% - -
1983 9.7% 51.5% - -
1982 8.1% 32.8% - -
1981 7.8% 34.6% - -
1980 6.8% 39.7% - -
1979 9% 36.6% - -
1978 10.2% 37% - -
1977 10.4% 31% - -
1976 10.6% 31.8% - -
1975 10.7% 27.7% - -
1974 10.5% 25.7% - -
1973 11% 22.4% - -
1972 12.6% 22.5% - -
1971 11.7% 17.9% - -
1970 11.4% 17% - -
1969 11.2% 16.5% - -
1968 14.4% 15.8% - -
1967 13.5% 13.8% - -
1966 14.6% 19.6% - -
1965 14% 17.6% - -
1964 25.4% 22.2% - -
1963 22.8% 20.4% - -
1962 23.1% 23.7% - -
1961 12% 25.7% - -
1960 13.7% 22.3% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-02-20).

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

In 2024, Brazil's government spending was $998B, accounting for 45.7% of its GDP, while Laos spent $2.58B, or 15.7% of GDP.

Debt-to-GDP ratio is 87.3% in Brazil and 100.5% in Laos, ranking 38/185 and 24/185, respectively.

Government deficit by year

Deficit/surplus
Brazil

Laos
1x
Year Deficit/surplus, % of GDP
Brazil Laos
2024 -6.19% 2.34%
2023 -7.71% -0.01%
2022 -3.96% 0.06%
2021 -2.63% -0.67%
2020 -11.6% -5.37%
2019 -4.86% -3.2%
2018 -6.99% -4.46%
2017 -7.97% -5.51%
2016 -7.99% -5.06%
2015 -9.28% -5.57%
2014 -6.27% -3.13%
2013 -3.42% -4.03%
2012 -2.35% -2.34%
2011 -2.74% -1.43%
2010 -3.55% -1.47%
2009 -4.23% -3.1%
2008 -2.39% -1.86%
2007 -2.66% -1.12%
2006 -4.87% -1.48%
2005 -3.36% -2.54%
2004 -2.95% -1.81%
2003 -5.4% -3.89%
2002 -4.15% -2.85%
2001 -3.47% -3.68%
2000 -3.32% -3.58%
1999 -5.17% -
1998 -7.22% -
1997 -5.6% -
1996 -5.35% -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -
1986 -1.6% -
1985 -1.3% -
1984 -0.4% -
1983 0.1% -
1982 1.4% -
1981 1% -
1980 2.5% -
1979 0.4% -
1978 -0.1% -
1977 0.1% -
1976 0.1% -
1975 0% -
1974 0.6% -
1973 0.1% -
1972 -0.1% -
1971 -0.3% -
1970 -0.4% -
1969 -0.6% -
1968 -1.6% -
1967 -2.1% -
1966 -1.3% -
1965 -2% -
1964 -8.79% -
1963 -5.78% -
1962 -6.82% -
1961 -2.93% -
1960 -3.85% -
1959 -0.18% -
1958 -0.76% -
1957 -0.29% -
1956 -0.14% -
1955 -0.62% -
1954 -0.49% -
1953 -1.26% -
1952 0.64% -
1951 0.87% -
1950 -1.58% -
1949 -1.22% -
1948 0.002% -
1947 0.25% -
1946 -1.78% -
1945 -2.87% -
1944 -2.37% -
1943 -0.75% -
1942 -2.55% -
1941 -2.15% -
1940 -1.13% -
1939 -1.2% -
1938 -0.59% -
1937 -1.62% -
1936 -0.27% -
1935 -0.5% -
1934 -2.28% -
1933 -1.56% -
1932 -6.47% -
1931 -1.56% -
1930 -3.58% -
1929 -0.09% -
1928 0.57% -
1927 0.12% -
1926 -0.76% -
1925 -0.07% -
1924 -0.45% -
1923 -1.94% -
1922 -3.8% -
1921 -2.98% -
1920 -3.11% -
1919 -3.69% -
1918 -4.51% -
1917 -4.8% -
1916 -4.35% -
1915 -6.33% -
1914 -7.32% -
1913 -1.91% -
1912 -3.05% -
1911 -2.15% -
1910 -2.06% -
1909 -1.62% -
1908 -1.89% -
1907 0.38% -
1906 0.28% -
1905 0.96% -
1904 -0.62% -
1903 1.79% -
1902 1.59% -
1901 -2.46% -
1900 -5.57% -
1899 -2.13% -
1898 -14% -
1897 -2.38% -
1896 -0.79% -
1895 -1.33% -
1894 -4.11% -
1893 -1.77% -
1892 -2.6% -
1891 0.51% -
1890 -3.02% -
1889 -3.79% -
1888 0.63% -
1887 -0.76% -
1886 -3.8% -
1885 -5.71% -
1884 -3.89% -
1883 -3.33% -
1882 -1.58% -
1881 -1.9% -
1880 -4.84% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20).

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

In 2024, Brazil's government deficit, the difference between spending and revenue, was $135B, equivalent to 6.19% of GDP. This compares to Laos' surplus of $386M, or 2.34% of GDP.

Over the past 25 years, Brazil recorded a fiscal deficit in 25 of those years, while Laos ran a deficit in 23 years. On average, Brazil posted an annual deficit equal to 4.98% of GDP, compared to deficit of 2.63% of GDP for Laos.

Inflation comparison by year

Inflation
Brazil

Laos
1x
Year Consumer prices inflation
Brazil Laos
2024 4.4% 23.1%
2023 4.6% 31.2%
2022 9.3% 23%
2021 8.3% 3.8%
2020 3.2% 5.1%
2019 3.7% 3.3%
2018 3.7% 2%
2017 3.4% 0.8%
2016 8.7% 1.6%
2015 9% 1.3%
2014 6.3% 4.1%
2013 6.2% 6.4%
2012 5.4% 4.3%
2011 6.6% 7.6%
2010 5% 6%
2009 4.9% 0.1%
2008 5.7% 7.6%
2007 3.6% 4.7%
2006 4.2% 6.5%
2005 6.9% 7.2%
2004 6.6% 10.5%
2003 14.7% 15.5%
2002 8.4% 10.6%
2001 6.8% 7.8%
2000 7% 8.4%
1999 4.9% 128.4%
1998 3.2% 90.1%
1997 6.9% 19.5%

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

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

Over the past 28 years, Brazil has recorded an average annual inflation rate of 6.13%, compared with 15.7% in Laos. In 2024, inflation was 4.4% in Brazil and 23.1% in Laos.

Top exports between countries

Brazil
Export category Export value
Animal & marine products $21.3M
Processed food, beverages & tobacco $2.48M
Raw agricultural goods $679K
Machinery & equipment $73K
Chemicals & pharma $5K
Raw materials & minerals $3K
Metals $1K
Laos
Export category Export value
Textiles & consumer goods $165K

Balance of trade

Brazil Laos
Current account balance
-$66.2B
2024
$531M
2024
Current account balance ranking
188/190
2024
61/190
2024
Current account balance, % of GDP
-3.03%
2024
+3.22%
2024
Goods imports
$274B
2024
$8.66B
2024
Goods exports
$340B
2024
$9.39B
2024
Service imports
$103B
2024
$1.27B
2024
Service exports
$48.1B
2024
$1.73B
2024
Imports of goods and services, % of GDP
17.6%
2024
41.9%
2016
Exports of goods and services, % of GDP
17.9%
2024
33.2%
2016

Economic freedom indices

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

Brazil Laos
Economic freedom 52.4 50.9
Economic freedom ranking 148/197 157/197
Property rights 49.2 41.1
Government integrity 37.2 25.9
Judicial effectiveness 55.6 10.2
Tax burden 70.6 88.5
Government spending 39.8 92.7
Fiscal health 28 80
Business freedom 65.7 54.2
Labor freedom 57 40.7
Monetary freedom 76 53.3
Trade freedom 69 69
Investment freedom 40 35
Financial freedom 40 20

Economic freedom comparison by year

Brazil
Laos
1x
Year Economic freedom index
Brazil Laos
2026 52.4 50.9
2025 55.1 51.1
2024 53.2 50.6
2023 53.5 50.3
2022 53.3 49.2
2021 53.4 53.9
2020 53.7 55.5
2019 51.9 57.4
2018 51.4 53.6
2017 52.9 54
2016 56.5 49.8
2015 56.6 51.4
2014 56.9 51.2
2013 57.7 50.1
2012 57.9 50
2011 56.3 51.3
2010 55.6 51.1
2009 56.7 50.4
2008 56.2 50.3
2007 56.2 50.3
2006 60.9 47.5
2005 61.7 44.4
2004 62 42
2003 63.4 41
2002 61.5 36.8
2001 61.9 33.5
2000 61.1 36.8
1999 61.3 35.2
1998 52.3 35.2
1997 52.6 35.1
1996 48.1 38.5
1995 51.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Brazil is 52.4, ranking 148/197, 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

Brazil Laos
Services, % of GDP
59.2%
2024
43.5%
2024
Industry, % of GDP
20.9%
2024
29%
2024
Agriculture, forestry, and fishing, % of GDP
5.75%
2024
16.8%
2024
GNI, Atlas method
$2.11T
2024
$15.5B
2024
GNI per capita, PPP
$21,590
2024
$9,160
2024
Total reserves including gold
$330B
2024
$1.77B
2023
Total reserves ranking
11/177
2024
129/177
2023
Net foreign direct investment
-$47.8B
2024
-$988M
2024
Net inflows of foreign direct investment
$74.1B
2024
$988M
2024
Net outflows of foreign direct investment
$26.3B
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.4%
2024
13.8%
2024
Poverty at national poverty lines
4.2%
2020
22%
2020
Gross capital formation, % of GDP
17%
2024
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/brazil/laos | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1880–2000, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (2000–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  8. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  9. LivingCost (2026, retrieved 2025-10-14)

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.