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Economy of Laos vs Qatar compared: GDP & Debt

Updated on by Georank

Laos has a GDP of $18.3B compared to $216B for Qatar, ranking 138/197 and 56/197 by economy size, respectively.

Laos has $14.8B in government debt (80.6% of GDP), compared to $89.2B (41.4% of GDP) in Qatar.

Laos vs Qatar GDP by year

Laos
Qatar
1x
Year GDP, current $
Laos Qatar
2025 $18,302,970,219 $215,559,615,385
2024 $16,502,933,121 $216,294,505,495
2023 $15,843,155,731 $213,002,809,341
2022 $15,468,785,204 $235,709,325,714
2021 $18,827,148,531 $179,732,009,560
2020 $18,981,805,250 $144,411,363,352
2019 $18,740,561,513 $176,371,267,692
2018 $18,141,641,090 $183,334,953,819
2017 $17,071,155,481 $161,099,122,225
2016 $15,912,501,723 $151,732,181,868
2015 $14,426,380,126 $161,739,955,577
2014 $13,279,245,886 $206,224,598,571
2013 $11,983,252,627 $198,727,642,967
2012 $10,192,846,339 $186,833,502,363
2011 $8,750,104,617 $167,775,274,725
2010 $7,131,771,015 $125,122,252,747
2009 $5,836,137,330 $97,798,351,648
2008 $5,446,433,157 $115,269,780,220
2007 $4,223,152,739 $79,711,813,187
2006 $3,455,030,061 $60,882,142,857
2005 $2,735,558,735 $44,530,494,505
2004 $2,366,398,120 $31,734,065,934
2003 $2,023,324,407 $23,533,791,209
2002 $1,758,176,653 $19,363,736,264
2001 $1,768,619,058 $17,538,461,538
2000 $1,731,198,022 $17,759,890,110
1999 $1,454,430,642 $12,393,131,868
1998 $1,280,177,839 $10,255,494,505
1997 $1,747,011,857 $11,297,802,198
1996 $1,873,671,550 $9,059,340,659
1995 $1,763,536,305 $8,137,912,088
1994 $1,543,606,345 $7,374,450,549
1993 $1,327,748,690 $7,156,593,407
1992 $1,127,806,945 $7,646,153,846
1991 $1,028,087,972 $6,883,516,484
1990 $865,559,879 $7,360,439,560
1989 $714,046,821 $6,487,912,088
1988 $598,961,269 $6,038,186,813
1987 $1,087,273,104 $5,446,428,571
1986 $1,776,842,097 $5,053,021,978
1985 $2,366,666,616 $6,153,296,703
1984 $1,757,142,856 $6,870,329,670
1983 - $6,484,890,110
1982 - $7,611,263,736
1981 - $8,672,527,473
1980 - $7,837,915,956
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Laos vs Qatar by year

Laos
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,325 - $72,525 -
2024 $2,124 $9,776 $75,685 $126,046
2023 $2,067 $9,292 $80,196 $129,368
2022 $2,046 $8,766 $88,701 $122,921
2021 $2,526 $8,080 $71,752 $116,833
2020 $2,584 $7,913 $51,684 $82,149
2019 $2,589 $7,743 $66,841 $107,503
2018 $2,545 $7,487 $71,040 $110,033
2017 $2,432 $7,142 $63,280 $99,358
2016 $2,303 $6,743 $61,254 $89,935
2015 $2,121 $6,086 $68,985 $102,546
2014 $1,981 $5,799 $95,841 $148,389
2013 $1,813 $5,222 $103,697 $169,203
2012 $1,564 $4,781 $108,470 $180,939
2011 $1,362 $4,100 $103,262 $174,620
2010 $1,126 $3,772 $77,387 $151,646
2009 $935 $3,485 $60,786 $125,898
2008 $886 $3,271 $80,781 $126,015
2007 $697 $3,021 $65,954 $124,056
2006 $579 $2,777 $62,582 $127,181
2005 $466 $2,519 $53,950 $115,250
2004 $409 $2,315 $41,036 $110,958
2003 $355 $2,151 $31,602 $94,120
2002 $313 $2,020 $27,227 $93,177
2001 $320 $1,908 $25,871 $89,805
2000 $319 $1,794 $27,535 $88,849
1999 $272.3 $1,686 $20,234 $84,690
1998 $243.9 $1,577 $17,665 $84,486
1997 $339 $1,528 $20,523 $79,219
1996 $371 $1,435 $17,125 $62,331
1995 $358 $1,349 $15,823 $60,321
1994 $321 $1,265 $14,765 $59,415
1993 $283.4 $1,176 $14,770 $59,125
1992 $247.3 $1,114 $16,280 $60,387
1991 $231.8 $1,061 $15,133 $54,759
1990 $200.7 $1,012 $16,722 $55,659
1989 $170.4 - $15,243 -
1988 $147.1 - $14,682 -
1987 $274.7 - $13,719 -
1986 $462 - $13,213 -
1985 $633 - $16,815 -
1984 $483 - $19,749 -
1983 - - $19,669 -
1982 - - $24,431 -
1981 - - $29,543 -
1980 - - $28,407 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Laos' GDP per capita is $2,325, ranking 155/197, compared to $72,525 in Qatar, ranking 13/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Qatar ranks 5th at $126,046.

Economic indicators

Laos Qatar
Gross domestic product
$18.3B
2025
$216B
2025
GDP rank
138/197
2025
56/197
2025
GDP growth
4.54%
2024-2025
2.9%
2024-2025
GDP per capita
$2,325
2025
$72,525
2025
GDP per capita rank
155/197
2025
13/197
2025
GDP per capita, PPP
$9,776
2024
$126,046
2024
GDP per capita PPP rank
134/197
2024
5/197
2024
Government debt
$14.8B
2025
$89.2B
2025
Debt-to-GDP ratio
80.6%
2025
41.4%
2025
Government debt per person
$1,874
2025
$30,009
2025
Government debt per person rank
120/185
2025
24/185
2025
Average annual personal income after taxes
$2,426
2026
$37,042
2026
Market capitalization of domestic companies n/a
$177B
2025
Number of millionaires n/a
30,000
2026
Number of billionaires n/a
2
2026
Income share by richest 10%
28.5%
2024
25.8%
2017
Income share by poorest 10%
3.3%
2024
2.6%
2017
Government expenditure, % of GDP
17.9%
2025
27.1%
2025
Consumer prices inflation
7.7%
2024-2025
0.6%
2024-2025
Central bank interest rate n/a
4.1%
2025
Unemployment rate
1.21%
2022
0.1%
2024
Population
8027464
3058826

Spending and national debt comparison by year

Laos
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Laos Qatar
Government spending Government debt Government spending Government debt
2025 17.9% 80.6% 27.1% 41.4%
2024 15.8% 94.7% 26% 41.3%
2023 16.5% 108.9% 26.7% 42.8%
2022 14.7% 115.7% 24.3% 42.6%
2021 15.7% 92.2% 29.4% 58.4%
2020 18.4% 75.4% 34.7% 72.6%
2019 18.6% 69.1% 32.5% 62.1%
2018 20.7% 60.6% 28.9% 52.2%
2017 21.8% 57.2% 34.7% 51.6%
2016 21.1% 54.5% 40.1% 46.7%
2015 25.8% 53.1% 38.6% 35.5%
2014 25% 53.5% 32.3% 24.9%
2013 24.2% 49.5% 28.3% 30.9%
2012 24.7% 46.1% 31% 32.1%
2011 20.2% 43% 28.5% 33.5%
2010 22.4% 49.3% 32% 30.4%
2009 20.1% 51.8% 36.4% 36%
2008 16.1% 51.7% 23.5% 11.4%
2007 15.1% 55.9% 29.5% 9.37%
2006 14.7% 60% 29.5% 13.9%
2005 15.3% 73.2% 29% 19.1%
2004 13.6% 80.7% 29.9% 30.1%
2003 16% 90.1% 28.5% 38.8%
2002 16.6% 95.3% 31.6% 47.7%
2001 18.8% 94.7% 32.1% 59.2%
2000 19.9% - 29.8% 51.6%
1999 - - 42.4% 81.8%
1998 - - 55.1% 76.6%
1997 - - 47.6% 54.4%
1996 - - 55.2% 57.8%
1995 - - 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Laos' government spending was $3.28B, accounting for 17.9% of its GDP, while Qatar spent $58.4B, or 27.1% of GDP.

Debt-to-GDP ratio is 80.6% in Laos and 41.4% in Qatar, ranking 41/185 and 127/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Qatar
1x
Year Deficit/surplus, % of GDP
Laos Qatar
2025 1.64% -1%
2024 2.36% 0.71%
2023 -0.01% 5.51%
2022 0.06% 10.4%
2021 -0.67% 0.24%
2020 -5.37% -2.13%
2019 -3.2% 1%
2018 -4.46% 2.26%
2017 -5.51% -6.82%
2016 -5.06% -9.2%
2015 -5.57% 18.4%
2014 -3.13% 13.4%
2013 -4.03% 19.3%
2012 -2.34% 8.55%
2011 -1.43% 5.24%
2010 -1.47% 4.6%
2009 -3.1% 14.1%
2008 -1.86% 9.49%
2007 -1.12% 10.3%
2006 -1.48% 8.39%
2005 -2.54% 9.8%
2004 -1.81% 17.7%
2003 -3.89% 6.71%
2002 -2.85% 7.89%
2001 -3.68% 4.48%
2000 -3.58% 4.62%
1999 - -4.35%
1998 - -7%
1997 - -9.4%
1996 - -8.73%
1995 - -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Laos' government surplus, the difference between spending and revenue, was $300M, equivalent to 1.64% of GDP. This compares to Qatar's deficit of $2.16B, or 1% of GDP.

Over the past 26 years, Laos recorded a fiscal deficit in 23 of those years, while Qatar ran a deficit in 4 years. On average, Laos posted an annual deficit equal to 2.47% of GDP, compared to surplus of 6.31% of GDP for Qatar.

Inflation comparison by year

Inflation
Laos

Qatar
1x
Year Consumer prices inflation
Laos Qatar
2025 7.7% 0.6%
2024 23.1% 1.2%
2023 31.2% 3.1%
2022 23% 5%
2021 3.8% 2.3%
2020 5.1% -2.5%
2019 3.3% -0.9%
2018 2% 0.1%
2017 0.8% 0.6%
2016 1.6% 2.7%
2015 1.3% 0.9%
2014 4.1% 4.2%
2013 6.4% 3.1%
2012 4.3% 1.8%
2011 7.6% 2%
2010 6% -2.4%
2009 0.1% -4.9%
2008 7.6% 15.1%
2007 4.7% 13.7%
2006 6.5% 11.7%
2005 7.2% 9%
2004 10.5% 6.8%
2003 15.5% 2.3%
2002 10.6% 0.2%
2001 7.8% 1.7%
2000 8.4% 1.6%
1999 128.4% 2.2%
1998 90.1% 2.9%
1997 19.5% 2.7%

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

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

Over the past 29 years, Laos has recorded an average annual inflation rate of 15.5%, compared with 2.99% in Qatar. In 2025, inflation was 7.7% in Laos and 0.6% in Qatar.

Top exports between countries

Laos
Export category Export value
Raw materials & minerals $108K
Textiles & consumer goods $8K
Qatar
Export category Export value

Balance of trade

Laos Qatar
Current account balance
$531M
2024
$31.9B
2025
Current account balance ranking
58/190
2024
17/190
2025
Current account balance, % of GDP
+3.22%
2024
+14.8%
2025
Goods imports
$8.66B
2024
$34.3B
2025
Goods exports
$9.39B
2024
$90B
2025
Service imports
$1.27B
2024
$31.3B
2025
Service exports
$1.73B
2024
$24.4B
2025
Imports of goods and services, % of GDP
41.9%
2016
31.6%
2022
Exports of goods and services, % of GDP
33.2%
2016
68.6%
2022

Economic freedom indices

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

Laos Qatar
Economic freedom 50.9 70.2
Economic freedom ranking 157/197 37/197
Property rights 41.1 66.2
Government integrity 25.9 53.5
Judicial effectiveness 10.2 41.5
Tax burden 88.5 99.9
Government spending 92.7 79.9
Fiscal health 80 96.6
Business freedom 54.2 68
Labor freedom 40.7 58.5
Monetary freedom 53.3 76
Trade freedom 69 81.8
Investment freedom 35 60
Financial freedom 20 60

Economic freedom comparison by year

Laos
Qatar
1x
Year Economic freedom index
Laos Qatar
2026 50.9 70.2
2025 51.1 70.2
2024 50.6 68.8
2023 50.3 68.6
2022 49.2 67.7
2021 53.9 72
2020 55.5 72.3
2019 57.4 72.6
2018 53.6 72.6
2017 54 73.1
2016 49.8 70.7
2015 51.4 70.8
2014 51.2 71.2
2013 50.1 71.3
2012 50 71.3
2011 51.3 70.5
2010 51.1 69
2009 50.4 65.8
2008 50.3 62.2
2007 50.3 62.9
2006 47.5 62.4
2005 44.4 63.5
2004 42 66.5
2003 41 65.9
2002 36.8 61.9
2001 33.5 60
2000 36.8 62
1999 35.2 62
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/qatar | CC BY

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Qatar
Services, % of GDP
43.6%
2025
47%
2025
Industry, % of GDP
29.2%
2025
57%
2025
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
0.31%
2025
GNI, Atlas method
$16.9B
2025
$221B
2025
GNI per capita, PPP
$9,800
2025
$126,290
2025
Total reserves including gold
$2.21B
2024
$55.8B
2025
Total reserves ranking
125/177
2024
45/177
2025
Net foreign direct investment
-$988M
2024
$311M
2025
Net inflows of foreign direct investment
$988M
2024
$460M
2024
Net outflows of foreign direct investment
$0
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
n/a
Poverty at national poverty lines
15%
2024
n/a
Gross capital formation, % of GDP
29%
2016
30.6%
2022

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/qatar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2021–2023, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.