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Economy of Laos vs Moldova compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $18.2B for Moldova, ranking 139/197 and 134/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $7.06B (38.8% of GDP) in Moldova.

Laos vs Moldova GDP by year

Laos
Moldova
1x
Year GDP, current $
Laos Moldova
2024 $16,502,933,121 $18,200,340,854
2023 $15,843,155,731 $16,711,906,746
2022 $15,468,785,204 $14,525,337,524
2021 $18,827,148,531 $13,691,869,264
2020 $18,981,805,250 $11,530,746,234
2019 $18,740,561,513 $11,736,797,055
2018 $18,141,641,090 $11,252,353,421
2017 $17,071,155,481 $9,514,404,016
2016 $15,912,501,723 $7,980,917,076
2015 $14,426,380,126 $7,797,667,197
2014 $13,279,245,886 $9,402,090,138
2013 $11,983,252,627 $9,496,717,876
2012 $10,192,846,339 $8,709,138,635
2011 $8,750,104,617 $8,414,352,020
2010 $7,131,771,015 $6,974,982,370
2009 $5,836,137,330 $5,439,434,272
2008 $5,446,433,157 $6,054,824,248
2007 $4,223,152,739 $4,401,173,152
2006 $3,455,030,061 $3,408,255,451
2005 $2,735,558,735 $2,988,342,907
2004 $2,366,398,120 $2,598,249,556
2003 $2,023,324,407 $1,980,907,435
2002 $1,758,176,653 $1,661,818,168
2001 $1,768,619,058 $1,480,673,594
2000 $1,731,198,022 $1,288,429,392
1999 $1,454,430,642 $1,170,782,957
1998 $1,280,177,839 $1,698,717,505
1997 $1,747,011,857 $1,930,081,169
1996 $1,873,671,550 $1,695,122,174
1995 $1,763,536,305 $1,752,999,370
1994 $1,543,606,345 $1,702,314,268
1993 $1,327,748,690 $2,371,813,324
1992 $1,127,806,945 $2,319,243,436
1991 $1,028,087,972 $3,094,565,871
1990 $865,559,879 $3,592,857,043
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/laos/moldova | CC BY

GDP per capita in Laos vs Moldova by year

Laos
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $7,576 $18,615
2023 $2,067 $9,292 $6,800 $17,747
2022 $2,046 $8,766 $5,744 $16,453
2021 $2,526 $8,080 $5,275 $15,682
2020 $2,584 $7,913 $4,376 $13,527
2019 $2,589 $7,743 $4,405 $13,413
2018 $2,545 $7,487 $4,156 $11,868
2017 $2,432 $7,142 $3,453 $11,252
2016 $2,303 $6,743 $2,847 $10,326
2015 $2,121 $6,086 $2,750 $9,198
2014 $1,981 $5,799 $3,290 $8,643
2013 $1,813 $5,222 $3,321 $8,233
2012 $1,564 $4,781 $3,045 $7,255
2011 $1,362 $4,100 $2,941 $6,833
2010 $1,126 $3,772 $2,437 $6,323
2009 $935 $3,485 $1,898 $5,827
2008 $886 $3,271 $2,111 $6,153
2007 $697 $3,021 $1,531 $5,590
2006 $579 $2,777 $1,183 $5,271
2005 $466 $2,519 $1,034 $4,866
2004 $409 $2,315 $897 $4,378
2003 $355 $2,151 $682 $3,960
2002 $313 $2,020 $571 $3,633
2001 $320 $1,908 $507 $3,311
2000 $319 $1,794 $441 $3,045
1999 $272.3 $1,686 $399 $2,910
1998 $243.9 $1,577 $579 $2,965
1997 $339 $1,528 $657 $3,136
1996 $371 $1,435 $575 $3,021
1995 $358 $1,349 $594 $3,146
1994 $321 $1,265 $574 $3,111
1993 $283.4 $1,176 $797 $4,394
1992 $247.3 $1,114 $778 $4,337
1991 $231.8 $1,061 $1,038 $5,980
1990 $200.7 $1,012 $1,207 $6,895
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/laos/moldova | CC BY

Laos' GDP per capita is $2,124, ranking 155/197, compared to $7,576 in Moldova, ranking 99/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Moldova ranks 100th at $18,615.

Economic indicators

Laos Moldova
Gross domestic product
$16.5B
2024
$18.2B
2024
GDP rank
139/197
2024
134/197
2024
GDP growth
4.13%
2023-2024
0.1%
2023-2024
GDP per capita
$2,124
2024
$7,576
2024
GDP per capita rank
155/197
2024
99/197
2024
GDP per capita, PPP
$9,776
2024
$18,615
2024
GDP per capita PPP rank
134/197
2024
100/197
2024
Government debt
$16.6B
2024
$7.06B
2024
Debt-to-GDP ratio
100.5%
2024
38.8%
2024
Government debt per person
$2,134
2024
$2,938
2024
Government debt per person rank
119/185
2024
102/185
2024
Average annual personal income after taxes
$2,096
2026
$4,291
2026
Income share by richest 10%
31.2%
2018
22.8%
2023
Income share by poorest 10%
3%
2018
4.3%
2023
Government expenditure, % of GDP
15.7%
2024
38%
2024
Consumer prices inflation
23.1%
2023-2024
4.68%
2023-2024
Central bank interest rate n/a
6%
2025
Unemployment rate
1.21%
2022
1.43%
2024
Population
8004838
2341166

Spending and national debt comparison by year

Laos
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Laos Moldova
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 38% 38.8%
2023 16.4% 116.5% 38.8% 34.9%
2022 14.7% 130.7% 36.6% 35%
2021 15.7% 92.9% 34.6% 33.6%
2020 18.4% 76% 36.7% 36.6%
2019 18.6% 69.1% 32% 28.8%
2018 20.7% 60.6% 31.5% 31.8%
2017 21.8% 57.2% 31% 34.9%
2016 21.1% 54.5% 30.5% 39.7%
2015 25.8% 53.1% 31.7% 42.1%
2014 25% 53.5% 33.8% 35.4%
2013 24.2% 49.5% 32.4% 30%
2012 24.7% 46.1% 33.7% 31.3%
2011 20.2% 43% 32.6% 24.2%
2010 22.4% 49.3% 34.1% 25.5%
2009 20.1% 51.8% 45.3% 32.6%
2008 16.1% 51.7% 41.5% 22.2%
2007 15.1% 55.9% 42.7% 28.3%
2006 14.7% 60% 40.3% 35%
2005 15.3% 73.2% 37.1% 40.4%
2004 13.6% 80.7% 34.8% 49.3%
2003 16% 90.1% 33.5% 68.1%
2002 16.6% 95.3% 30.7% 80.3%
2001 18.8% 94.7% 29.5% 85.4%
2000 19.9% - 34% 89.1%
1999 - - 33% 150.7%
1998 - - 39.1% 159.4%
1997 - - 46% 89%
1996 - - 43.3% 87.5%
1995 - - 42% 79.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Moldova spent $6.91B, or 38% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 38.8% in Moldova, ranking 24/185 and 137/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Moldova
1x
Year Deficit/surplus, % of GDP
Laos Moldova
2024 2.34% -3.88%
2023 -0.01% -5.13%
2022 0.06% -3.24%
2021 -0.67% -2.62%
2020 -5.37% -5.32%
2019 -3.2% -1.47%
2018 -4.46% -0.85%
2017 -5.51% -0.65%
2016 -5.06% -1.56%
2015 -5.57% -1.93%
2014 -3.13% -1.6%
2013 -4.03% -1.57%
2012 -2.34% -1.93%
2011 -1.43% -2.05%
2010 -1.47% -2.18%
2009 -3.1% -6.38%
2008 -1.86% -0.87%
2007 -1.12% 0.15%
2006 -1.48% -0.42%
2005 -2.54% 1.44%
2004 -1.81% 0.59%
2003 -3.89% 0.47%
2002 -2.85% -1.18%
2001 -3.68% -0.34%
2000 -3.58% -3.55%
1999 - -2.64%
1998 - -1.52%
1997 - -7.47%
1996 - -7.42%
1995 - -2.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Moldova's deficit of $707M, or 3.88% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Moldova ran a deficit in 21 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 1.84% of GDP for Moldova.

Inflation comparison by year

Inflation
Laos

Moldova
1x
Year Consumer prices inflation
Laos Moldova
2024 23.1% 4.68%
2023 31.2% 13.4%
2022 23% 28.7%
2021 3.8% 5.11%
2020 5.1% 3.77%
2019 3.3% 4.84%
2018 2% 3.05%
2017 0.8% 6.57%
2016 1.6% 6.36%
2015 1.3% 9.68%
2014 4.1% 5.09%
2013 6.4% 4.6%
2012 4.3% 4.55%
2011 7.6% 7.69%
2010 6% 7.48%
2009 0.1% -0.06%
2008 7.6% 12.8%
2007 4.7% 12.4%
2006 6.5% 12.8%
2005 7.2% 12%
2004 10.5% 12.5%
2003 15.5% 11.7%
2002 10.6% 5.3%
2001 7.8% 9.76%
2000 8.4% 31.3%
1999 128.4% 39.3%
1998 90.1% 7.7%
1997 19.5% 11.8%

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/moldova | CC BY

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 10.5% in Moldova. In 2024, inflation was 23.1% in Laos and 4.68% in Moldova.

Top exports between countries

Laos
Export category Export value
Moldova
Export category Export value
Machinery & equipment $31K
Raw agricultural goods $16K
Chemicals & pharma $13K

Balance of trade

Laos Moldova
Current account balance
$531M
2024
-$3.01B
2024
Current account balance ranking
61/190
2024
156/190
2024
Current account balance, % of GDP
+3.22%
2024
-16.6%
2024
Goods imports
$8.66B
2024
$8.63B
2024
Goods exports
$9.39B
2024
$3.01B
2024
Service imports
$1.27B
2024
$1.8B
2024
Service exports
$1.73B
2024
$2.73B
2024
Imports of goods and services, % of GDP
41.9%
2016
57.3%
2024
Exports of goods and services, % of GDP
33.2%
2016
31.4%
2024

Economic freedom indices

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

Laos Moldova
Economic freedom 50.9 58.1
Economic freedom ranking 157/197 112/197
Property rights 41.1 40.4
Government integrity 25.9 45.1
Judicial effectiveness 10.2 32.4
Tax burden 88.5 87.9
Government spending 92.7 57.2
Fiscal health 80 70.3
Business freedom 54.2 68.3
Labor freedom 40.7 48.1
Monetary freedom 53.3 66
Trade freedom 69 76.8
Investment freedom 35 55
Financial freedom 20 50

Economic freedom comparison by year

Laos
Moldova
1x
Year Economic freedom index
Laos Moldova
2026 50.9 58.1
2025 51.1 58.3
2024 50.6 57.1
2023 50.3 58.5
2022 49.2 61.3
2021 53.9 62.5
2020 55.5 62
2019 57.4 59.1
2018 53.6 58.4
2017 54 58
2016 49.8 57.4
2015 51.4 57.5
2014 51.2 57.3
2013 50.1 55.5
2012 50 54.4
2011 51.3 55.7
2010 51.1 53.7
2009 50.4 54.9
2008 50.3 57.9
2007 50.3 58.7
2006 47.5 58
2005 44.4 57.4
2004 42 57.1
2003 41 60
2002 36.8 57.4
2001 33.5 54.9
2000 36.8 59.6
1999 35.2 56.1
1998 35.2 53.5
1997 35.1 48.9
1996 38.5 52.5
1995 - 33

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Moldova
Services, % of GDP
43.5%
2024
62.3%
2024
Industry, % of GDP
29%
2024
16.8%
2024
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
7.11%
2024
GNI, Atlas method
$15.5B
2024
$16.5B
2024
GNI per capita, PPP
$9,160
2024
$18,710
2024
Total reserves including gold
$1.77B
2023
$5.48B
2024
Total reserves ranking
129/177
2023
96/177
2024
Net foreign direct investment
-$988M
2024
-$360M
2024
Net inflows of foreign direct investment
$988M
2024
$458M
2024
Net outflows of foreign direct investment
$0
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
6.22%
2024
Poverty at national poverty lines
22%
2020
31.6%
2023
Gross capital formation, % of GDP
29%
2016
21.1%
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/moldova | 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 (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2022, retrieved 2026-02-08)
  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.