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Economy of Congo vs Laos compared: GDP & Debt

Updated on by Georank team

The Congo has a GDP of $15.7B compared to $16.5B for Laos, ranking 141/197 and 139/197 by economy size, respectively.

The Congo has $15.4B in government debt (98% of GDP), compared to $16.6B (100.5% of GDP) in Laos.

Congo vs Laos GDP by year

Congo
Laos
1x
Year GDP, current $
Congo Laos
2024 $15,719,986,077 $16,502,933,121
2023 $15,321,055,823 $15,843,155,731
2022 $15,817,030,155 $15,468,785,204
2021 $14,825,690,211 $18,827,148,531
2020 $11,468,687,464 $18,981,805,250
2019 $13,976,637,780 $18,740,561,513
2018 $14,773,900,289 $18,141,641,090
2017 $11,834,473,039 $17,071,155,481
2016 $10,931,328,151 $15,912,501,723
2015 $12,434,793,867 $14,426,380,126
2014 $17,919,321,078 $13,279,245,886
2013 $17,958,720,699 $11,983,252,627
2012 $17,692,911,296 $10,192,846,339
2011 $15,655,383,577 $8,750,104,617
2010 $13,148,396,212 $7,131,771,015
2009 $9,723,299,915 $5,836,137,330
2008 $11,649,857,673 $5,446,433,157
2007 $8,782,703,437 $4,223,152,739
2006 $8,072,305,029 $3,455,030,061
2005 $6,650,001,680 $2,735,558,735
2004 $4,656,974,940 $2,366,398,120
2003 $3,503,723,088 $2,023,324,407
2002 $3,034,250,924 $1,758,176,653
2001 $2,796,704,604 $1,768,619,058
2000 $3,227,927,698 $1,731,198,022
1999 $2,354,772,960 $1,454,430,642
1998 $1,949,481,379 $1,280,177,839
1997 $2,322,719,103 $1,747,011,857
1996 $2,540,697,539 $1,873,671,550
1995 $2,116,003,868 $1,763,536,305
1994 $1,769,365,438 $1,543,606,345
1993 $2,684,323,623 $1,327,748,690
1992 $2,933,222,703 $1,127,806,945
1991 $2,724,853,506 $1,028,087,972
1990 $2,798,746,050 $865,559,879
1989 $2,389,593,026 $714,046,821
1988 $2,212,536,312 $598,961,269
1987 $2,297,753,652 $1,087,273,104
1986 $1,849,268,212 $1,776,842,097
1985 $2,160,872,540 $2,366,666,616
1984 $2,193,581,365 $1,757,142,856
1983 $2,097,274,290 -
1982 $2,160,640,565 -
1981 $1,993,512,323 -
1980 $1,705,796,853 -
1979 $1,198,749,667 -
1978 $878,771,772 -
1977 $765,224,029 -
1976 $754,549,601 -
1975 $767,102,680 -
1974 $585,364,634 -
1973 $541,973,363 -
1972 $410,669,264 -
1971 $322,128,019 -
1970 $274,960,700 -
1969 $265,040,036 -
1968 $251,247,458 -
1967 $237,397,428 -
1966 $220,613,582 -
1965 $198,318,064 -
1964 $185,693,725 -
1963 $172,233,431 -
1962 $166,521,240 -
1961 $151,675,739 -
1960 $131,731,863 -

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

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

GDP per capita in Congo vs Laos by year

Congo
GDP per capita

GDP per capita, PPP
Laos
GDP per capita

GDP per capita, PPP
1x
Year Current $
Congo Laos
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,482 $7,026 $2,124 $9,776
2023 $2,478 $6,850 $2,067 $9,292
2022 $2,621 $6,647 $2,046 $8,766
2021 $2,516 $6,263 $2,526 $8,080
2020 $1,994 $4,771 $2,584 $7,913
2019 $2,488 $5,720 $2,589 $7,743
2018 $2,694 $5,593 $2,545 $7,487
2017 $2,212 $4,445 $2,432 $7,142
2016 $2,093 $4,016 $2,303 $6,743
2015 $2,439 $4,715 $2,121 $6,086
2014 $3,601 $5,733 $1,981 $5,799
2013 $3,697 $5,834 $1,813 $5,222
2012 $3,732 $6,058 $1,564 $4,781
2011 $3,396 $5,175 $1,362 $4,100
2010 $2,947 $5,125 $1,126 $3,772
2009 $2,271 $4,801 $935 $3,485
2008 $2,832 $4,448 $886 $3,271
2007 $2,206 $4,243 $697 $3,021
2006 $2,104 $4,588 $579 $2,777
2005 $1,799 $4,279 $466 $2,519
2004 $1,306 $3,992 $409 $2,315
2003 $1,017 $3,887 $355 $2,151
2002 $906 $3,888 $313 $2,020
2001 $855 $3,748 $320 $1,908
2000 $1,024 $3,667 $319 $1,794
1999 $776 $3,464 $272.3 $1,686
1998 $660 $3,602 $243.9 $1,577
1997 $804 $3,510 $339 $1,528
1996 $899 $3,547 $371 $1,435
1995 $770 $3,434 $358 $1,349
1994 $662 $3,327 $321 $1,265
1993 $1,034 $3,550 $283.4 $1,176
1992 $1,164 $3,608 $247.3 $1,114
1991 $1,113 $3,536 $231.8 $1,061
1990 $1,176 $3,437 $200.7 $1,012
1989 $1,033 - $170.4 -
1988 $984 - $147.1 -
1987 $1,052 - $274.7 -
1986 $872 - $462 -
1985 $1,049 - $633 -
1984 $1,097 - $483 -
1983 $1,075 - - -
1982 $1,131 - - -
1981 $1,066 - - -
1980 $933 - - -
1979 $670 - - -
1978 $503 - - -
1977 $448 - - -
1976 $453 - - -
1975 $471 - - -
1974 $370 - - -
1973 $353 - - -
1972 $276.3 - - -
1971 $223.5 - - -
1970 $196.7 - - -
1969 $195.4 - - -
1968 $190.8 - - -
1967 $185.7 - - -
1966 $177.6 - - -
1965 $164.2 - - -
1964 $158.1 - - -
1963 $150.7 - - -
1962 $149.6 - - -
1961 $139.9 - - -
1960 $124.7 - - -

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

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

The Congo's GDP per capita is $2,482, ranking 149/197, compared to $2,124 in Laos, ranking 155/197. Adjusted for purchasing power (GDP per capita PPP), the Congo ranks 148th at $7,026, while Laos ranks 134th at $9,776.

Economic indicators

Congo Laos
Gross domestic product
$15.7B
2024
$16.5B
2024
GDP rank
141/197
2024
139/197
2024
GDP growth
2.58%
2023-2024
4.13%
2023-2024
GDP per capita
$2,482
2024
$2,124
2024
GDP per capita rank
149/197
2024
155/197
2024
GDP per capita, PPP
$7,026
2024
$9,776
2024
GDP per capita PPP rank
148/197
2024
134/197
2024
Government debt
$15.4B
2024
$16.6B
2024
Debt-to-GDP ratio
98%
2024
100.5%
2024
Government debt per person
$2,433
2024
$2,134
2024
Government debt per person rank
112/185
2024
119/185
2024
Average annual personal income after taxes
$2,153
2026
$2,096
2026
Income share by richest 10%
37.9%
2011
31.2%
2018
Income share by poorest 10%
1.6%
2011
3%
2018
Government expenditure, % of GDP
21.7%
2024
15.7%
2024
Consumer prices inflation
3.1%
2023-2024
23.1%
2023-2024
Unemployment rate
10%
2012
1.21%
2022
Population
6681829
8004838

Spending and national debt comparison by year

Congo
Spending

Debt
Laos
Spending

Debt
1x
Year % of GDP
Congo Laos
Government spending Government debt Government spending Government debt
2024 21.7% 98% 15.7% 100.5%
2023 20.7% 102.9% 16.4% 116.5%
2022 22.8% 93.5% 14.7% 130.7%
2021 20.9% 97.8% 15.7% 92.9%
2020 21.1% 102.5% 18.4% 76%
2019 20.2% 77.6% 18.6% 69.1%
2018 17.8% 71.2% 20.7% 60.6%
2017 26.6% 88.5% 21.8% 57.2%
2016 38.8% 84.6% 21.1% 54.5%
2015 41.3% 74.2% 25.8% 53.1%
2014 48.6% 42.3% 25% 53.5%
2013 42.4% 33.9% 24.2% 49.5%
2012 30.7% 30.2% 24.7% 46.1%
2011 27.9% 34.4% 20.2% 43%
2010 23% 43.5% 22.4% 49.3%
2009 24.4% 83.8% 20.1% 51.8%
2008 24.2% 69.6% 16.1% 51.7%
2007 28.6% 93.8% 15.1% 55.9%
2006 26.6% 94.7% 14.7% 60%
2005 22.1% 99.8% 15.3% 73.2%
2004 24.4% 122.6% 13.6% 80.7%
2003 27% 185.3% 16% 90.1%
2002 32.1% 163.5% 16.6% 95.3%
2001 29.1% 180.1% 18.8% 94.7%
2000 22.6% 145% 19.9% -
1999 28.8% 0% - -
1998 25.1% 0% - -
1997 22.2% 0% - -
1996 15.7% 0% - -
1995 27.6% 0% - -
1994 30.7% 0% - -
1993 32.8% 0% - -
1992 32.8% 0% - -
1991 34.1% 0% - -
1990 30.4% 0% - -
1989 20.3% 151.7% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

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

In 2024, the Congo's government spending was $3.4B, accounting for 21.7% of its GDP, while Laos spent $2.58B, or 15.7% of GDP.

Debt-to-GDP ratio is 98% in the Congo and 100.5% in Laos, ranking 25/185 and 24/185, respectively.

Government deficit by year

Deficit/surplus
Congo

Laos
1x
Year Deficit/surplus, % of GDP
Congo Laos
2024 3.62% 2.34%
2023 5.81% -0.01%
2022 8.94% 0.06%
2021 1.63% -0.67%
2020 -1.1% -5.37%
2019 4.3% -3.2%
2018 5.22% -4.46%
2017 -5.57% -5.51%
2016 -14.5% -5.06%
2015 -17.8% -5.57%
2014 -10.7% -3.13%
2013 -2.85% -4.03%
2012 7.24% -2.34%
2011 16.1% -1.43%
2010 15.5% -1.47%
2009 4.76% -3.1%
2008 23.9% -1.86%
2007 8.99% -1.12%
2006 16% -1.48%
2005 13.4% -2.54%
2004 3.33% -1.81%
2003 0.37% -3.89%
2002 -7.34% -2.85%
2001 -0.71% -3.68%
2000 1.05% -3.58%
1999 -4.75% -
1998 -5.16% -
1997 3.67% -
1996 9.2% -
1995 -6.38% -
1994 -10.6% -
1993 -11.3% -
1992 -12.7% -
1991 -11.2% -
1990 -4.1% -
1989 0.78% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20).

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

In 2024, the Congo's government surplus, the difference between spending and revenue, was $568M, equivalent to 3.62% of GDP. This compares to Laos' surplus of $386M, or 2.34% of GDP.

Over the past 25 years, the Congo recorded a fiscal deficit in 8 of those years, while Laos ran a deficit in 23 years. On average, the Congo posted an annual surplus equal to 3.18% of GDP, compared to deficit of 2.63% of GDP for Laos.

Inflation comparison by year

Inflation
Congo

Laos
1x
Year Consumer prices inflation
Congo Laos
2024 3.1% 23.1%
2023 4.3% 31.2%
2022 3% 23%
2021 2% 3.8%
2020 1.4% 5.1%
2019 0.4% 3.3%
2018 1.2% 2%
2017 0.4% 0.8%
2016 3.2% 1.6%
2015 3.2% 1.3%
2014 0.9% 4.1%
2013 4.6% 6.4%
2012 5% 4.3%
2011 1.8% 7.6%
2010 0.4% 6%
2009 4.3% 0.1%
2008 6% 7.6%
2007 2.6% 4.7%
2006 4.7% 6.5%
2005 2.5% 7.2%
2004 3.7% 10.5%
2003 1.7% 15.5%
2002 3% 10.6%
2001 0.8% 7.8%
2000 0.5% 8.4%
1999 3% 128.4%
1998 2.2% 90.1%
1997 12.7% 19.5%

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

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

Over the past 28 years, the Congo has recorded an average annual inflation rate of 2.95%, compared with 15.7% in Laos. In 2024, inflation was 3.1% in the Congo and 23.1% in Laos.

Balance of trade

Congo Laos
Current account balance
$1.72B
2021
$531M
2024
Current account balance ranking
48/190
2021
61/190
2024
Current account balance, % of GDP
+11.6%
2021
+3.22%
2024
Goods imports
$2.78B
2021
$8.66B
2024
Goods exports
$7.51B
2021
$9.39B
2024
Service imports
$1.71B
2021
$1.27B
2024
Service exports
$240M
2021
$1.73B
2024
Imports of goods and services, % of GDP
40.4%
2024
41.9%
2016
Exports of goods and services, % of GDP
52.8%
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.

Congo Laos
Economic freedom 48.6 50.9
Economic freedom ranking 169/197 157/197
Property rights 28.7 41.1
Government integrity 13.9 25.9
Judicial effectiveness 15.4 10.2
Tax burden 73.7 88.5
Government spending 85.8 92.7
Fiscal health 80.8 80
Business freedom 35.8 54.2
Labor freedom 52.4 40.7
Monetary freedom 78.4 53.3
Trade freedom 52.8 69
Investment freedom 35 35
Financial freedom 30 20

Economic freedom comparison by year

Congo
Laos
1x
Year Economic freedom index
Congo Laos
2026 48.6 50.9
2025 48.6 51.1
2024 47.8 50.6
2023 48.1 50.3
2022 48.5 49.2
2021 50.7 53.9
2020 41.8 55.5
2019 39.7 57.4
2018 38.9 53.6
2017 40 54
2016 42.8 49.8
2015 42.7 51.4
2014 43.7 51.2
2013 43.5 50.1
2012 43.8 50
2011 43.6 51.3
2010 43.2 51.1
2009 45.4 50.4
2008 45.3 50.3
2007 44.4 50.3
2006 43.8 47.5
2005 46.2 44.4
2004 45.9 42
2003 47.7 41
2002 45.3 36.8
2001 44.3 33.5
2000 40.6 36.8
1999 41.6 35.2
1998 33.8 35.2
1997 42.2 35.1
1996 40.3 38.5

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

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

The Economic Freedom Index for the Congo is 48.6, ranking 169/197, 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

Congo Laos
Services, % of GDP
45%
2024
43.5%
2024
Industry, % of GDP
40.1%
2024
29%
2024
Agriculture, forestry, and fishing, % of GDP
9.44%
2024
16.8%
2024
GNI, Atlas method
$14.4B
2024
$15.5B
2024
GNI per capita, PPP
$6,340
2024
$9,160
2024
Total reserves including gold
$715M
2023
$1.77B
2023
Total reserves ranking
148/177
2023
129/177
2023
Net foreign direct investment
$330M
2021
-$988M
2024
Net inflows of foreign direct investment
$604M
2024
$988M
2024
Net outflows of foreign direct investment
$25.4M
2024
$0
2024
Servicing debt to the IMF, % of GNI
7.67%
2024
13.8%
2024
Poverty at national poverty lines
40.9%
2011
22%
2020
Gross capital formation, % of GDP
26.8%
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/congo/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) | Fiscal Monitor (1990–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1989, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.