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Economy of Laos vs Mauritius compared: GDP & Debt

Updated on by Georank

Laos has a GDP of $18.3B compared to $16.2B for Mauritius, ranking 138/197 and 144/197 by economy size, respectively.

Laos has $14.8B in government debt (80.6% of GDP), compared to $14B (86.5% of GDP) in Mauritius.

Laos vs Mauritius GDP by year

Laos
Mauritius
1x
Year GDP, current $
Laos Mauritius
2025 $18,302,970,219 $16,157,804,492
2024 $16,502,933,121 $14,938,055,690
2023 $15,843,155,731 $14,072,212,290
2022 $15,468,785,204 $12,936,444,123
2021 $18,827,148,531 $11,622,048,697
2020 $18,981,805,250 $11,566,111,138
2019 $18,740,561,513 $14,645,235,205
2018 $18,141,641,090 $14,957,535,716
2017 $17,071,155,481 $13,896,938,315
2016 $15,912,501,723 $12,757,680,847
2015 $14,426,380,126 $12,162,211,503
2014 $13,279,245,886 $13,230,490,082
2013 $11,983,252,627 $12,434,596,541
2012 $10,192,846,339 $11,832,323,837
2011 $8,750,104,617 $11,677,718,382
2010 $7,131,771,015 $10,144,716,155
2009 $5,836,137,330 $9,264,482,256
2008 $5,446,433,157 $10,127,741,915
2007 $4,223,152,739 $8,277,474,850
2006 $3,455,030,061 $7,137,710,413
2005 $2,735,558,735 $6,576,108,447
2004 $2,366,398,120 $6,667,418,752
2003 $2,023,324,407 $5,894,873,920
2002 $1,758,176,653 $4,906,494,249
2001 $1,768,619,058 $4,675,755,867
2000 $1,731,198,022 $4,726,108,622
1999 $1,454,430,642 $4,402,193,195
1998 $1,280,177,839 $4,225,813,976
1997 $1,747,011,857 $4,243,755,308
1996 $1,873,671,550 $4,481,489,762
1995 $1,763,536,305 $4,094,741,652
1994 $1,543,606,345 $3,606,050,873
1993 $1,327,748,690 $3,307,302,126
1992 $1,127,806,945 $3,267,677,814
1991 $1,028,087,972 $2,895,354,736
1990 $865,559,879 $2,689,212,760
1989 $714,046,821 $2,211,312,823
1988 $598,961,269 $2,163,252,449
1987 $1,087,273,104 $1,906,174,438
1986 $1,776,842,097 $1,482,601,552
1985 $2,366,666,616 $1,090,611,325
1984 $1,757,142,856 $1,054,564,759
1983 - $1,104,956,573
1982 - $1,092,923,636
1981 - $1,157,769,444
1980 - $1,147,027,924
1979 - $1,227,446,632
1978 - $1,029,040,323
1977 - $834,722,972
1976 - $713,510,052
1975 - $673,311,287
1974 - $669,894,030
1973 - $404,285,775
1972 - $318,664,900
1971 - $251,437,338
1970 - $224,125,805
1969 - $221,553,613
1968 - $206,576,631
1967 - $238,439,291
1966 - $227,534,083
1965 - $230,024,161
1964 - $218,914,569
1963 - $253,839,558
1962 - $197,738,208
1961 - $191,757,729
1960 - $162,089,564

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Laos vs Mauritius by year

Laos
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,325 - $12,991 -
2024 $2,124 $9,776 $11,991 $31,840
2023 $2,067 $9,292 $11,270 $29,561
2022 $2,046 $8,766 $10,247 $26,874
2021 $2,526 $8,080 $9,178 $23,010
2020 $2,584 $7,913 $9,136 $21,622
2019 $2,589 $7,743 $11,568 $24,375
2018 $2,545 $7,487 $11,819 $23,416
2017 $2,432 $7,142 $10,987 $22,898
2016 $2,303 $6,743 $10,095 $21,952
2015 $2,121 $6,086 $9,631 $20,270
2014 $1,981 $5,799 $10,490 $19,294
2013 $1,813 $5,222 $9,877 $18,435
2012 $1,564 $4,781 $9,422 $17,259
2011 $1,362 $4,100 $9,324 $16,884
2010 $1,126 $3,772 $8,113 $15,920
2009 $935 $3,485 $7,427 $15,105
2008 $886 $3,271 $8,140 $14,569
2007 $697 $3,021 $6,677 $13,612
2006 $579 $2,777 $5,784 $12,593
2005 $466 $2,519 $5,354 $11,703
2004 $409 $2,315 $5,461 $11,216
2003 $355 $2,151 $4,858 $10,535
2002 $313 $2,020 $4,073 $9,824
2001 $320 $1,908 $3,909 $9,586
2000 $319 $1,794 $3,982 $9,143
1999 $272.3 $1,686 $3,746 $8,344
1998 $243.9 $1,577 $3,642 $8,121
1997 $339 $1,528 $3,696 $7,651
1996 $371 $1,435 $3,952 $7,206
1995 $358 $1,349 $3,648 $6,771
1994 $321 $1,265 $3,240 $6,414
1993 $283.4 $1,176 $3,014 $6,116
1992 $247.3 $1,114 $3,013 $5,753
1991 $231.8 $1,061 $2,705 $5,351
1990 $200.7 $1,012 $2,540 $5,010
1989 $170.4 - $2,103 -
1988 $147.1 - $2,074 -
1987 $274.7 - $1,840 -
1986 $462 - $1,442 -
1985 $633 - $1,069 -
1984 $483 - $1,042 -
1983 - - $1,103 -
1982 - - $1,101 -
1981 - - $1,181 -
1980 - - $1,187 -
1979 - - $1,292 -
1978 - - $1,102 -
1977 - - $906 -
1976 - - $787 -
1975 - - $755 -
1974 - - $763 -
1973 - - $467 -
1972 - - $374 -
1971 - - $299.6 -
1970 - - $271.3 -
1969 - - $272.7 -
1968 - - $258.7 -
1967 - - $304 -
1966 - - $296 -
1965 - - $305 -
1964 - - $297.3 -
1963 - - $353 -
1962 - - $282.3 -
1961 - - $281.7 -
1960 - - $238.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Laos' GDP per capita is $2,325, ranking 155/197, compared to $12,991 in Mauritius, ranking 80/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Mauritius ranks 71st at $31,840.

Economic indicators

Laos Mauritius
Gross domestic product
$18.3B
2025
$16.2B
2025
GDP rank
138/197
2025
144/197
2025
GDP growth
4.54%
2024-2025
3.15%
2024-2025
GDP per capita
$2,325
2025
$12,991
2025
GDP per capita rank
155/197
2025
80/197
2025
GDP per capita, PPP
$9,776
2024
$31,840
2024
GDP per capita PPP rank
134/197
2024
71/197
2024
Government debt
$14.8B
2025
$14B
2025
Debt-to-GDP ratio
80.6%
2025
86.5%
2025
Government debt per person
$1,874
2025
$11,233
2025
Government debt per person rank
120/185
2025
55/185
2025
Average annual personal income after taxes
$2,426
2026
$8,169
2026
Market capitalization of domestic companies n/a
$8.89B
2025
Income share by richest 10%
28.5%
2024
29.9%
2017
Income share by poorest 10%
3.3%
2024
2.9%
2017
Government expenditure, % of GDP
17.9%
2025
31.4%
2025
Consumer prices inflation
7.7%
2024-2025
3.67%
2024-2025
Central bank interest rate n/a
4.5%
2025
Unemployment rate
1.21%
2022
5.21%
2024
Population
8027464
1240721

Spending and national debt comparison by year

Laos
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Laos Mauritius
Government spending Government debt Government spending Government debt
2025 17.9% 80.6% 31.4% 86.5%
2024 15.8% 94.7% 32.6% 86.1%
2023 16.5% 108.9% 28.5% 81.5%
2022 14.7% 115.7% 27.6% 81.8%
2021 15.7% 92.2% 28.3% 86.1%
2020 18.4% 75.4% 32.1% 91.9%
2019 18.6% 69.1% 30.2% 81.1%
2018 20.7% 60.6% 23.9% 63.1%
2017 21.8% 57.2% 23.6% 61.3%
2016 21.1% 54.5% 23.3% 62.6%
2015 25.8% 53.1% 23.7% 63%
2014 25% 53.5% 22.5% 59.1%
2013 24.2% 49.5% 23.4% 56.5%
2012 24.7% 46.1% 21.9% 54.2%
2011 20.2% 43% 23% 54.9%
2010 22.4% 49.3% 23.2% 54.4%
2009 20.1% 51.8% 24.5% 56.8%
2008 16.1% 51.7% 22.4% 48.8%
2007 15.1% 55.9% 20.4% 48.8%
2006 14.7% 60% 20.7% 55.3%
2005 15.3% 73.2% 21.8% 58.3%
2004 13.6% 80.7% 21.9% 59.4%
2003 16% 90.1% 22.2% 66.9%
2002 16.6% 95.3% 22% 63%
2001 18.8% 94.7% 21.5% 58.2%
2000 19.9% - 21.2% 56.9%
1999 - - 25.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08).

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

In 2025, Laos' government spending was $3.28B, accounting for 17.9% of its GDP, while Mauritius spent $5.07B, or 31.4% of GDP.

Debt-to-GDP ratio is 80.6% in Laos and 86.5% in Mauritius, ranking 41/185 and 34/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Mauritius
1x
Year Deficit/surplus, % of GDP
Laos Mauritius
2025 1.64% -3.69%
2024 2.36% -6.84%
2023 -0.01% -4.48%
2022 0.06% -3.15%
2021 -0.67% -4.08%
2020 -5.37% -10.5%
2019 -3.2% -8.19%
2018 -4.46% -2.15%
2017 -5.51% -1.62%
2016 -5.06% -2.74%
2015 -5.57% -3.48%
2014 -3.13% -3.05%
2013 -4.03% -3.3%
2012 -2.34% -1.73%
2011 -1.43% -3%
2010 -1.47% -2.96%
2009 -3.1% -3.32%
2008 -1.86% -2.63%
2007 -1.12% -2.92%
2006 -1.48% -3.86%
2005 -2.54% -4.2%
2004 -1.81% -4.22%
2003 -3.89% -4.55%
2002 -2.85% -4.89%
2001 -3.68% -5.32%
2000 -3.58% -4.19%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (2000–2025, retrieved 2026-07-08).

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

In 2025, Laos' government surplus, the difference between spending and revenue, was $300M, equivalent to 1.64% of GDP. This compares to Mauritius' deficit of $596M, or 3.69% of GDP.

Over the past 26 years, Laos recorded a fiscal deficit in 23 of those years, while Mauritius ran a deficit in 26 years. On average, Laos posted an annual deficit equal to 2.47% of GDP, compared to deficit of 4.04% of GDP for Mauritius.

Inflation comparison by year

Inflation
Laos

Mauritius
1x
Year Consumer prices inflation
Laos Mauritius
2025 7.7% 3.67%
2024 23.1% 3.6%
2023 31.2% 7.05%
2022 23% 10.8%
2021 3.8% 4.03%
2020 5.1% 2.58%
2019 3.3% 0.41%
2018 2% 3.22%
2017 0.8% 3.67%
2016 1.6% 0.98%
2015 1.3% 1.29%
2014 4.1% 3.22%
2013 6.4% 3.54%
2012 4.3% 3.85%
2011 7.6% 6.52%
2010 6% 2.93%
2009 0.1% 2.52%
2008 7.6% 9.73%
2007 4.7% 8.83%
2006 6.5% 8.91%
2005 7.2% 4.94%
2004 10.5% 4.71%
2003 15.5% 3.92%
2002 10.6% 6.42%
2001 7.8% 5.39%
2000 8.4% 4.2%
1999 128.4% 6.91%
1998 90.1% 6.81%
1997 19.5% 6.83%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Laos has recorded an average annual inflation rate of 15.5%, compared with 4.88% in Mauritius. In 2025, inflation was 7.7% in Laos and 3.67% in Mauritius.

Top exports between countries

Laos
Export category Export value
Mauritius
Export category Export value
Raw materials & minerals $19K
Textiles & consumer goods $2K

Balance of trade

Laos Mauritius
Current account balance
$531M
2024
-$1.05B
2024
Current account balance ranking
58/190
2024
119/190
2024
Current account balance, % of GDP
+3.22%
2024
-7.03%
2024
Goods imports
$8.66B
2024
$6.35B
2024
Goods exports
$9.39B
2024
$2.37B
2024
Service imports
$1.27B
2024
$2.28B
2024
Service exports
$1.73B
2024
$4.19B
2024
Imports of goods and services, % of GDP
41.9%
2016
74.9%
2025
Exports of goods and services, % of GDP
33.2%
2016
65%
2025

Economic freedom indices

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

Laos Mauritius
Economic freedom 50.9 73
Economic freedom ranking 157/197 26/197
Property rights 41.1 83.9
Government integrity 25.9 53.4
Judicial effectiveness 10.2 80.7
Tax burden 88.5 89.6
Government spending 92.7 73.8
Fiscal health 80 45.5
Business freedom 54.2 81.5
Labor freedom 40.7 69.6
Monetary freedom 53.3 70.7
Trade freedom 69 87
Investment freedom 35 70
Financial freedom 20 70

Economic freedom comparison by year

Laos
Mauritius
1x
Year Economic freedom index
Laos Mauritius
2026 50.9 73
2025 51.1 75
2024 50.6 71.5
2023 50.3 70.6
2022 49.2 70.9
2021 53.9 77
2020 55.5 74.9
2019 57.4 73
2018 53.6 75.1
2017 54 74.7
2016 49.8 74.7
2015 51.4 76.4
2014 51.2 76.5
2013 50.1 76.9
2012 50 77
2011 51.3 76.2
2010 51.1 76.3
2009 50.4 74.3
2008 50.3 72.6
2007 50.3 69.4
2006 47.5 67.4
2005 44.4 67.2
2004 42 64.3
2003 41 64.4
2002 36.8 67.7
2001 33.5 66.4
2000 36.8 67.2
1999 35.2 68.5
1998 35.2 -
1997 35.1 -
1996 38.5 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Mauritius
Services, % of GDP
43.6%
2025
63.9%
2025
Industry, % of GDP
29.2%
2025
17.7%
2025
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
4.62%
2025
GNI, Atlas method
$16.9B
2025
$17.5B
2025
GNI per capita, PPP
$9,800
2025
$37,000
2025
Total reserves including gold
$2.21B
2024
$10.3B
2025
Total reserves ranking
125/177
2024
77/177
2025
Net foreign direct investment
-$988M
2024
$963M
2024
Net inflows of foreign direct investment
$988M
2024
$681M
2024
Net outflows of foreign direct investment
$0
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
10.1%
2024
Poverty at national poverty lines
15%
2024
8.4%
2023
Gross capital formation, % of GDP
29%
2016
19.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1999–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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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.