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Economy of Laos vs Niger compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $19.9B for Niger, ranking 139/197 and 130/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $9.39B (47.2% of GDP) in Niger.

Laos vs Niger GDP by year

Laos
Niger
1x
Year GDP, current $
Laos Niger
2024 $16,502,933,121 $19,876,128,486
2023 $15,843,155,731 $16,698,786,978
2022 $15,468,785,204 $15,433,852,712
2021 $18,827,148,531 $14,915,002,436
2020 $18,981,805,250 $13,744,653,103
2019 $18,740,561,513 $12,889,555,561
2018 $18,141,641,090 $12,837,307,497
2017 $17,071,155,481 $11,185,104,252
2016 $15,912,501,723 $10,398,861,982
2015 $14,426,380,126 $9,683,867,926
2014 $13,279,245,886 $10,862,943,544
2013 $11,983,252,627 $10,224,897,438
2012 $10,192,846,339 $9,426,912,648
2011 $8,750,104,617 $8,772,950,778
2010 $7,131,771,015 $7,851,192,502
2009 $5,836,137,330 $7,352,131,310
2008 $5,446,433,157 $7,297,600,226
2007 $4,223,152,739 $5,731,485,052
2006 $3,455,030,061 $4,756,361,252
2005 $2,735,558,735 $4,383,315,965
2004 $2,366,398,120 $3,760,443,738
2003 $2,023,324,407 $3,394,084,732
2002 $1,758,176,653 $2,782,192,879
2001 $1,768,619,058 $2,448,714,704
2000 $1,731,198,022 $2,241,753,193
1999 $1,454,430,642 $2,537,789,821
1998 $1,280,177,839 $2,643,363,519
1997 $1,747,011,857 $2,290,318,910
1996 $1,873,671,550 $2,405,686,940
1995 $1,763,536,305 $2,302,537,562
1994 $1,543,606,345 $1,938,058,175
1993 $1,327,748,690 $3,052,673,849
1992 $1,127,806,945 $3,386,232,579
1991 $1,028,087,972 $3,285,796,875
1990 $865,559,879 $3,512,356,508
1989 $714,046,821 $2,179,567,114
1988 $598,961,269 $2,280,356,193
1987 $1,087,273,104 $2,233,006,105
1986 $1,776,842,097 $1,904,096,998
1985 $2,366,666,616 $1,440,581,652
1984 $1,757,142,856 $1,461,243,326
1983 - $1,803,099,561
1982 - $2,017,612,216
1981 - $2,170,893,414
1980 - $2,508,524,721
1979 - $2,109,277,666
1978 - $1,774,365,590
1977 - $1,291,458,041
1976 - $1,064,517,601
1975 - $1,048,690,933
1974 - $1,026,137,111
1973 - $946,385,105
1972 - $742,779,661
1971 - $693,573,704
1970 - $649,916,621
1969 - $625,867,985
1968 - $641,214,226
1967 - $665,586,872
1966 - $702,296,079
1965 - $673,383,511
1964 - $582,816,396
1963 - $586,294,879
1962 - $531,736,599
1961 - $485,785,231
1960 - $449,526,873

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

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

GDP per capita in Laos vs Niger by year

Laos
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $735 $2,050
2023 $2,067 $9,292 $638 $1,875
2022 $2,046 $8,766 $610 $1,840
2021 $2,526 $8,080 $609 $1,586
2020 $2,584 $7,913 $580 $1,497
2019 $2,589 $7,743 $562 $1,419
2018 $2,545 $7,487 $579 $1,276
2017 $2,432 $7,142 $522 $1,208
2016 $2,303 $6,743 $503 $1,189
2015 $2,121 $6,086 $486 $1,172
2014 $1,981 $5,799 $565 $1,161
2013 $1,813 $5,222 $552 $1,138
2012 $1,564 $4,781 $529 $1,162
2011 $1,362 $4,100 $511 $1,064
2010 $1,126 $3,772 $474 $1,058
2009 $935 $3,485 $461 $999
2008 $886 $3,271 $475 $1,010
2007 $697 $3,021 $387 $955
2006 $579 $2,777 $333 $935
2005 $466 $2,519 $319 $888
2004 $409 $2,315 $283.5 $832
2003 $355 $2,151 $265.2 $837
2002 $313 $2,020 $225.3 $832
2001 $320 $1,908 $205.4 $809
2000 $319 $1,794 $194.8 $764
1999 $272.3 $1,686 $228.3 $783
1998 $243.9 $1,577 $246.1 $801
1997 $339 $1,528 $220.6 $745
1996 $371 $1,435 $239.5 $746
1995 $358 $1,349 $237 $757
1994 $321 $1,265 $206.2 $748
1993 $283.4 $1,176 $335 $742
1992 $247.3 $1,114 $384 $746
1991 $231.8 $1,061 $384 $738
1990 $200.7 $1,012 $424 $739
1989 $170.4 - $271.3 -
1988 $147.1 - $292.6 -
1987 $274.7 - $295.3 -
1986 $462 - $259.6 -
1985 $633 - $202.4 -
1984 $483 - $211.5 -
1983 - - $268.8 -
1982 - - $310 -
1981 - - $343 -
1980 - - $409 -
1979 - - $354 -
1978 - - $307 -
1977 - - $229.8 -
1976 - - $194.8 -
1975 - - $197.2 -
1974 - - $198.3 -
1973 - - $187.9 -
1972 - - $151.4 -
1971 - - $145.2 -
1970 - - $139.8 -
1969 - - $138.3 -
1968 - - $145.6 -
1967 - - $155.4 -
1966 - - $168.6 -
1965 - - $166.3 -
1964 - - $148.1 -
1963 - - $153.3 -
1962 - - $143.2 -
1961 - - $134.6 -
1960 - - $128.3 -

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

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

Laos' GDP per capita is $2,124, ranking 155/197, compared to $735 in Niger, ranking 187/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Niger ranks 186th at $2,050.

Economic indicators

Laos Niger
Gross domestic product
$16.5B
2024
$19.9B
2024
GDP rank
139/197
2024
130/197
2024
GDP growth
4.13%
2023-2024
10.3%
2023-2024
GDP per capita
$2,124
2024
$735
2024
GDP per capita rank
155/197
2024
187/197
2024
GDP per capita, PPP
$9,776
2024
$2,050
2024
GDP per capita PPP rank
134/197
2024
186/197
2024
Government debt
$16.6B
2024
$9.39B
2024
Debt-to-GDP ratio
100.5%
2024
47.2%
2024
Government debt per person
$2,134
2024
$347
2024
Government debt per person rank
119/185
2024
173/185
2024
Average annual personal income after taxes
$2,096
2026
$1,163
2026
Income share by richest 10%
31.2%
2018
27.8%
2021
Income share by poorest 10%
3%
2018
3.8%
2021
Government expenditure, % of GDP
15.7%
2024
13.4%
2024
Consumer prices inflation
23.1%
2023-2024
9.07%
2023-2024
Unemployment rate
1.21%
2022
0.4%
2022
Population
8004838
29080898

Spending and national debt comparison by year

Laos
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Laos Niger
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 13.4% 47.2%
2023 16.4% 116.5% 15.8% 51.8%
2022 14.7% 130.7% 21.6% 50.6%
2021 15.7% 92.9% 24.3% 51.3%
2020 18.4% 76% 22.4% 45%
2019 18.6% 69.1% 21.6% 39.8%
2018 20.7% 60.6% 21.2% 37%
2017 21.8% 57.2% 19.5% 36.5%
2016 21.1% 54.5% 19.4% 32.8%
2015 25.8% 53.1% 24.2% 29.9%
2014 25% 53.5% 23.6% 22.1%
2013 24.2% 49.5% 20.4% 19.6%
2012 24.7% 46.1% 16.6% 18.1%
2011 20.2% 43% 15.3% 14.7%
2010 22.4% 49.3% 14.3% 15.1%
2009 20.1% 51.8% 17.7% 15.9%
2008 16.1% 51.7% 16.9% 14.2%
2007 15.1% 55.9% 17.4% 17.8%
2006 14.7% 60% 15.2% 18.3%
2005 15.3% 73.2% 15.6% 49.5%
2004 13.6% 80.7% 16.1% 55%
2003 16% 90.1% 14% 60.6%
2002 16.6% 95.3% 14.4% 69%
2001 18.8% 94.7% 13.7% 74%
2000 19.9% - 13.5% 82.1%
1999 - - 15% 63.3%
1998 - - 13.6% 61.3%
1997 - - 12.9% 69.1%
1996 - - 10.9% 63.5%
1995 - - 12.5% 69.4%

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

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Niger spent $2.67B, or 13.4% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 47.2% in Niger, ranking 24/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Niger
1x
Year Deficit/surplus, % of GDP
Laos Niger
2024 2.34% -4.27%
2023 -0.01% -5.37%
2022 0.06% -6.77%
2021 -0.67% -6.1%
2020 -5.37% -4.82%
2019 -3.2% -3.56%
2018 -4.46% -3.01%
2017 -5.51% -4.12%
2016 -5.06% -4.46%
2015 -5.57% -6.75%
2014 -3.13% -6.12%
2013 -4.03% -1.93%
2012 -2.34% -0.83%
2011 -1.43% -2.19%
2010 -1.47% -0.99%
2009 -3.1% -3.93%
2008 -1.86% 1.11%
2007 -1.12% -0.75%
2006 -1.48% 31%
2005 -2.54% -1.53%
2004 -1.81% -2.76%
2003 -3.89% -2.17%
2002 -2.85% -2.21%
2001 -3.68% -2.59%
2000 -3.58% -2.83%
1999 - -4.27%
1998 - -2.23%
1997 - -2.39%
1996 - -0.36%
1995 - -3.19%

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

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Niger's deficit of $848M, or 4.27% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Niger ran a deficit in 23 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 1.92% of GDP for Niger.

Inflation comparison by year

Inflation
Laos

Niger
1x
Year Consumer prices inflation
Laos Niger
2024 23.1% 9.07%
2023 31.2% 3.7%
2022 23% 4.23%
2021 3.8% 3.84%
2020 5.1% 2.9%
2019 3.3% -2.49%
2018 2% 2.97%
2017 0.8% 2.8%
2016 1.6% 1.65%
2015 1.3% -0.58%
2014 4.1% -0.93%
2013 6.4% 2.3%
2012 4.3% 0.46%
2011 7.6% 2.94%
2010 6% 0.8%
2009 0.1% 0.58%
2008 7.6% 11.3%
2007 4.7% 0.05%
2006 6.5% 0.04%
2005 7.2% 7.8%
2004 10.5% 0.26%
2003 15.5% -1.61%
2002 10.6% 2.63%
2001 7.8% 4.01%
2000 8.4% 2.9%
1999 128.4% -2.3%
1998 90.1% 4.55%
1997 19.5% 2.93%

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/niger | CC BY

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 2.39% in Niger. In 2024, inflation was 23.1% in Laos and 9.07% in Niger.

Balance of trade

Laos Niger
Current account balance
$531M
2024
-$2.33B
2023
Current account balance ranking
61/190
2024
146/190
2023
Current account balance, % of GDP
+3.22%
2024
-14%
2023
Goods imports
$8.66B
2024
$2.59B
2023
Goods exports
$9.39B
2024
$992M
2023
Service imports
$1.27B
2024
$1.22B
2023
Service exports
$1.73B
2024
$231M
2023
Imports of goods and services, % of GDP
41.9%
2016
22.7%
2024
Exports of goods and services, % of GDP
33.2%
2016
27.3%
2024

Economic freedom indices

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

Laos Niger
Economic freedom 50.9 51
Economic freedom ranking 157/197 156/197
Property rights 41.1 16.6
Government integrity 25.9 33.9
Judicial effectiveness 10.2 28
Tax burden 88.5 78.2
Government spending 92.7 91.4
Fiscal health 80 47.6
Business freedom 54.2 32.4
Labor freedom 40.7 54.7
Monetary freedom 53.3 67.9
Trade freedom 69 65.8
Investment freedom 35 55
Financial freedom 20 40

Economic freedom comparison by year

Laos
Niger
1x
Year Economic freedom index
Laos Niger
2026 50.9 51
2025 51.1 51.5
2024 50.6 52.3
2023 50.3 53.7
2022 49.2 54.9
2021 53.9 57.3
2020 55.5 54.7
2019 57.4 51.6
2018 53.6 49.5
2017 54 50.8
2016 49.8 54.3
2015 51.4 54.6
2014 51.2 55.1
2013 50.1 53.9
2012 50 54.3
2011 51.3 54.3
2010 51.1 52.9
2009 50.4 53.8
2008 50.3 52.9
2007 50.3 53.2
2006 47.5 52.5
2005 44.4 54.1
2004 42 54.6
2003 41 54.2
2002 36.8 48.2
2001 33.5 48.9
2000 36.8 45.9
1999 35.2 48.6
1998 35.2 47.5
1997 35.1 46.6
1996 38.5 45.8

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Niger
Services, % of GDP
43.5%
2024
45%
2024
Industry, % of GDP
29%
2024
17.6%
2024
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
34.5%
2024
GNI, Atlas method
$15.5B
2024
$18.3B
2024
GNI per capita, PPP
$9,160
2024
$2,030
2024
Total reserves including gold
$1.77B
2023
n/a
Total reserves ranking
129/177
2023
n/a
Net foreign direct investment
-$988M
2024
-$1.02B
2023
Net inflows of foreign direct investment
$988M
2024
$358M
2024
Net outflows of foreign direct investment
$0
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
1.94%
2024
Poverty at national poverty lines
22%
2020
41.2%
2021
Gross capital formation, % of GDP
29%
2016
22.1%
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/niger | 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 (1995–2024, 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.