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Economy of Laos vs Mauritania compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $10.9B for Mauritania, ranking 139/197 and 153/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $4.67B (42.8% of GDP) in Mauritania.

Laos vs Mauritania GDP by year

Laos
Mauritania
1x
Year GDP, current $
Laos Mauritania
2024 $16,502,933,121 $10,908,045,687
2023 $15,843,155,731 $10,726,838,461
2022 $15,468,785,204 $9,557,966,698
2021 $18,827,148,531 $9,222,536,364
2020 $18,981,805,250 $8,260,752,385
2019 $18,740,561,513 $7,894,764,886
2018 $18,141,641,090 $7,473,550,557
2017 $17,071,155,481 $6,800,135,898
2016 $15,912,501,723 $6,398,747,592
2015 $14,426,380,126 $6,166,863,897
2014 $13,279,245,886 $6,592,537,782
2013 $11,983,252,627 $7,223,071,097
2012 $10,192,846,339 $6,728,208,836
2011 $8,750,104,617 $6,764,627,746
2010 $7,131,771,015 $5,628,878,798
2009 $5,836,137,330 $4,714,595,548
2008 $5,446,433,157 $5,206,437,194
2007 $4,223,152,739 $4,346,212,355
2006 $3,455,030,061 $3,919,577,286
2005 $2,735,558,735 $2,936,019,526
2004 $2,366,398,120 $2,362,501,023
2003 $2,023,324,407 $2,051,147,607
2002 $1,758,176,653 $1,777,057,481
2001 $1,768,619,058 $1,746,063,558
2000 $1,731,198,022 $1,779,520,886
1999 $1,454,430,642 $1,985,922,776
1998 $1,280,177,839 $2,032,347,665
1997 $1,747,011,857 $2,071,996,564
1996 $1,873,671,550 $2,132,087,009
1995 $1,763,536,305 $2,091,726,101
1994 $1,543,606,345 $1,944,876,755
1993 $1,327,748,690 $1,847,353,211
1992 $1,127,806,945 $2,164,298,425
1991 $1,028,087,972 $2,133,692,697
1990 $865,559,879 $1,506,914,408
1989 $714,046,821 $1,450,647,019
1988 $598,961,269 $1,414,951,290
1987 $1,087,273,104 $1,344,664,725
1986 $1,776,842,097 $1,186,628,778
1985 $2,366,666,616 $1,009,723,326
1984 $1,757,142,856 $1,074,373,230
1983 - $1,165,171,263
1982 - $1,108,776,653
1981 - $1,105,494,682
1980 - $1,047,925,106
1979 - $951,900,945
1978 - $804,629,877
1977 - $799,030,017
1976 - $775,045,517
1975 - $703,377,837
1974 - $613,010,553
1973 - $493,237,876
1972 - $391,669,449
1971 - $335,568,907
1970 - $309,405,316
1969 - $295,062,308
1968 - $311,395,937
1967 - $282,615,310
1966 - $266,533,605
1965 - $255,340,475
1964 - $224,495,744
1963 - $168,186,297
1962 - $164,271,558
1961 - $159,213,430

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Laos vs Mauritania by year

Laos
GDP per capita

GDP per capita, PPP
Mauritania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Mauritania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $2,110 $7,369
2023 $2,067 $9,292 $2,136 $6,966
2022 $2,046 $8,766 $1,960 $6,485
2021 $2,526 $8,080 $1,948 $5,837
2020 $2,584 $7,913 $1,796 $5,741
2019 $2,589 $7,743 $1,767 $5,610
2018 $2,545 $7,487 $1,723 $5,429
2017 $2,432 $7,142 $1,615 $5,353
2016 $2,303 $6,743 $1,566 $4,683
2015 $2,121 $6,086 $1,555 $3,978
2014 $1,981 $5,799 $1,713 $3,865
2013 $1,813 $5,222 $1,934 $3,831
2012 $1,564 $4,781 $1,859 $3,465
2011 $1,362 $4,100 $1,931 $3,271
2010 $1,126 $3,772 $1,660 $3,178
2009 $935 $3,485 $1,435 $3,159
2008 $886 $3,271 $1,636 $3,236
2007 $697 $3,021 $1,405 $3,278
2006 $579 $2,777 $1,301 $3,342
2005 $466 $2,519 $999 $2,809
2004 $409 $2,315 $824 $2,570
2003 $355 $2,151 $732 $2,447
2002 $313 $2,020 $649 $2,296
2001 $320 $1,908 $652 $2,280
2000 $319 $1,794 $681 $2,304
1999 $272.3 $1,686 $781 $2,411
1998 $243.9 $1,577 $821 $2,355
1997 $339 $1,528 $859 $2,325
1996 $371 $1,435 $904 $2,436
1995 $358 $1,349 $905 $2,306
1994 $321 $1,265 $865 $2,114
1993 $283.4 $1,176 $850 $2,209
1992 $247.3 $1,114 $1,036 $2,122
1991 $231.8 $1,061 $1,062 $2,116
1990 $200.7 $1,012 $772 $2,070
1989 $170.4 - $762 -
1988 $147.1 - $762 -
1987 $274.7 - $746 -
1986 $462 - $677 -
1985 $633 - $593 -
1984 $483 - $650 -
1983 - - $725 -
1982 - - $710 -
1981 - - $729 -
1980 - - $711 -
1979 - - $664 -
1978 - - $578 -
1977 - - $590 -
1976 - - $589 -
1975 - - $551 -
1974 - - $494 -
1973 - - $410 -
1972 - - $335 -
1971 - - $296 -
1970 - - $281.3 -
1969 - - $276.6 -
1968 - - $301 -
1967 - - $281.5 -
1966 - - $273.6 -
1965 - - $270 -
1964 - - $244.3 -
1963 - - $188.2 -
1962 - - $189 -
1961 - - $188.2 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

Laos' GDP per capita is $2,124, ranking 155/197, compared to $2,110 in Mauritania, ranking 156/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Mauritania ranks 147th at $7,369.

Economic indicators

Laos Mauritania
Gross domestic product
$16.5B
2024
$10.9B
2024
GDP rank
139/197
2024
153/197
2024
GDP growth
4.13%
2023-2024
6.31%
2023-2024
GDP per capita
$2,124
2024
$2,110
2024
GDP per capita rank
155/197
2024
156/197
2024
GDP per capita, PPP
$9,776
2024
$7,369
2024
GDP per capita PPP rank
134/197
2024
147/197
2024
Government debt
$16.6B
2024
$4.67B
2024
Debt-to-GDP ratio
100.5%
2024
42.8%
2024
Government debt per person
$2,134
2024
$904
2024
Government debt per person rank
119/185
2024
145/185
2024
Average annual personal income after taxes
$2,096
2026
$2,078
2026
Income share by richest 10%
31.2%
2018
24.6%
2019
Income share by poorest 10%
3%
2018
3.1%
2019
Government expenditure, % of GDP
15.7%
2024
23.6%
2024
Consumer prices inflation
23.1%
2023-2024
2.49%
2023-2024
Unemployment rate
1.21%
2022
10.4%
2019
Population
8004838
5505206

Spending and national debt comparison by year

Laos
Spending

Debt
Mauritania
Spending

Debt
1x
Year % of GDP
Laos Mauritania
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 23.6% 42.8%
2023 16.4% 116.5% 24.8% 47.1%
2022 14.7% 130.7% 28.7% 50.5%
2021 15.7% 92.9% 20.8% 54.5%
2020 18.4% 76% 18.5% 56.5%
2019 18.6% 69.1% 17.8% 57.7%
2018 20.7% 60.6% 19% 59.2%
2017 21.8% 57.2% 20.3% 55.7%
2016 21.1% 54.5% 20.8% 57.6%
2015 25.8% 53.1% 25.7% 59.9%
2014 25% 53.5% 23.9% 49.5%
2013 24.2% 49.5% 20.1% 40.7%
2012 24.7% 46.1% 21.5% 39.3%
2011 20.2% 43% 17% 38.8%
2010 22.4% 49.3% 17.3% 43.9%
2009 20.1% 51.8% 19.6% 54.3%
2008 16.1% 51.7% 19.8% 57.2%
2007 15.1% 55.9% 19.7% 61.5%
2006 14.7% 60% 19% 38%
2005 15.3% 73.2% 21.3% 71.1%
2004 13.6% 80.7% 23.9% 22%
2003 16% 90.1% - 22.9%
2002 16.6% 95.3% - 59.5%
2001 18.8% 94.7% - 63.5%
2000 19.9% - - 55.5%

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

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Mauritania spent $2.57B, or 23.6% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 42.8% in Mauritania, ranking 24/185 and 126/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Mauritania
1x
Year Deficit/surplus, % of GDP
Laos Mauritania
2024 2.34% -1.35%
2023 -0.01% -2.45%
2022 0.06% -3.09%
2021 -0.67% 2.6%
2020 -5.37% 2.78%
2019 -3.2% 2.65%
2018 -4.46% 3.23%
2017 -5.51% 0.53%
2016 -5.06% 0.13%
2015 -5.57% -2.44%
2014 -3.13% -2.64%
2013 -4.03% -0.66%
2012 -2.34% 1.67%
2011 -1.43% 0.07%
2010 -1.47% -0.45%
2009 -3.1% -3.59%
2008 -1.86% -3.32%
2007 -1.12% -1.38%
2006 -1.48% 2.05%
2005 -2.54% -3.16%
2004 -1.81% -3.06%
2003 -3.89% -
2002 -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/laos/mauritania | CC BY

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Mauritania's deficit of $148M, or 1.35% of GDP.

Over the past 21 years, Laos recorded a fiscal deficit in 19 of those years, while Mauritania ran a deficit in 12 years. On average, Laos posted an annual deficit equal to 2.47% of GDP, compared to deficit of 0.57% of GDP for Mauritania.

Inflation comparison by year

Inflation
Laos

Mauritania
1x
Year Consumer prices inflation
Laos Mauritania
2024 23.1% 2.49%
2023 31.2% 4.95%
2022 23% 9.53%
2021 3.8% 3.57%
2020 5.1% 2.39%
2019 3.3% 2.3%
2018 2% 3.07%
2017 0.8% 2.25%
2016 1.6% 1.47%
2015 1.3% 3.25%
2014 4.1% 3.53%
2013 6.4% 4.13%
2012 4.3% 4.9%
2011 7.6% 5.69%
2010 6% 6.28%
2009 0.1% 2.22%
2008 7.6% 7.35%
2007 4.7% 7.25%
2006 6.5% 6.24%
2005 7.2% 12.1%
2004 10.5% 10.4%
2003 15.5% 5.15%
2002 10.6% 3.9%
2001 7.8% 4.71%
2000 8.4% 3.25%
1999 128.4% 4.07%
1998 90.1% 8.03%
1997 19.5% 4.63%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 4.97% in Mauritania. In 2024, inflation was 23.1% in Laos and 2.49% in Mauritania.

Balance of trade

Laos Mauritania
Current account balance
$531M
2024
-$1.04B
2024
Current account balance ranking
61/190
2024
124/190
2024
Current account balance, % of GDP
+3.22%
2024
-9.53%
2024
Goods imports
$8.66B
2024
$4.32B
2024
Goods exports
$9.39B
2024
$3.83B
2024
Service imports
$1.27B
2024
$1.05B
2024
Service exports
$1.73B
2024
$230M
2024
Imports of goods and services, % of GDP
41.9%
2016
52.2%
2024
Exports of goods and services, % of GDP
33.2%
2016
41.4%
2024

Economic freedom indices

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

Laos Mauritania
Economic freedom 50.9 53.9
Economic freedom ranking 157/197 136/197
Property rights 41.1 32.6
Government integrity 25.9 24.5
Judicial effectiveness 10.2 26.4
Tax burden 88.5 75.5
Government spending 92.7 80.2
Fiscal health 80 87.9
Business freedom 54.2 38.7
Labor freedom 40.7 53.6
Monetary freedom 53.3 77.8
Trade freedom 69 59.6
Investment freedom 35 50
Financial freedom 20 40

Economic freedom comparison by year

Laos
Mauritania
1x
Year Economic freedom index
Laos Mauritania
2026 50.9 53.9
2025 51.1 54.9
2024 50.6 55.3
2023 50.3 55.3
2022 49.2 55.3
2021 53.9 56.1
2020 55.5 55.3
2019 57.4 55.7
2018 53.6 54
2017 54 54.4
2016 49.8 54.8
2015 51.4 53.3
2014 51.2 53.2
2013 50.1 52.3
2012 50 53
2011 51.3 52.1
2010 51.1 52
2009 50.4 53.9
2008 50.3 55.2
2007 50.3 53.6
2006 47.5 55.7
2005 44.4 59.4
2004 42 61.8
2003 41 59
2002 36.8 52.5
2001 33.5 48.5
2000 36.8 46
1999 35.2 42.8
1998 35.2 43.7
1997 35.1 47
1996 38.5 45.5

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 53.9 for Mauritania, ranking 136/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Mauritania
Services, % of GDP
43.5%
2024
42.4%
2024
Industry, % of GDP
29%
2024
30.5%
2024
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
19.3%
2024
GNI, Atlas method
$15.5B
2024
$11B
2024
GNI per capita, PPP
$9,160
2024
$7,300
2024
Total reserves including gold
$1.77B
2023
$2.04B
2021
Total reserves ranking
129/177
2023
126/177
2021
Net foreign direct investment
-$988M
2024
-$1.44B
2024
Net inflows of foreign direct investment
$988M
2024
$1.44B
2024
Net outflows of foreign direct investment
$0
2024
$3.9M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
3.82%
2024
Poverty at national poverty lines
22%
2020
31.8%
2019
Gross capital formation, % of GDP
29%
2016
43.1%
2024

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/laos/mauritania | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, 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)

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.