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Economy of Laos vs Syria compared: GDP & Debt

Updated on by Georank

Laos has a GDP of $18.3B compared to $20B for Syria, ranking 138/197 and 134/197 by economy size, respectively.

Laos has $14.8B in government debt (80.6% of GDP), compared to $18.4B (30% of GDP) in Syria.

Laos vs Syria GDP by year

Laos
Syria
1x
Year GDP, current $
Laos Syria
2025 $18,302,970,219 -
2024 $16,502,933,121 -
2023 $15,843,155,731 $19,993,439,950
2022 $15,468,785,204 $23,737,634,644
2021 $18,827,148,531 $14,892,885,528
2020 $18,981,805,250 $12,501,503,673
2019 $18,740,561,513 $22,583,046,645
2018 $18,141,641,090 $21,497,779,248
2017 $17,071,155,481 $16,369,842,725
2016 $15,912,501,723 $12,597,854,088
2015 $14,426,380,126 $16,466,861,435
2014 $13,279,245,886 $21,502,061,466
2013 $11,983,252,627 $21,361,254,635
2012 $10,192,846,339 $43,190,318,033
2011 $8,750,104,617 $67,539,433,544
2010 $7,131,771,015 $61,390,833,273
2009 $5,836,137,330 $54,111,721,044
2008 $5,446,433,157 $52,557,913,397
2007 $4,223,152,739 $40,465,331,020
2006 $3,455,030,061 $33,751,812,959
2005 $2,735,558,735 $28,858,937,499
2004 $2,366,398,120 $25,086,910,448
2003 $2,023,324,407 $21,828,144,686
2002 $1,758,176,653 $20,786,986,580
2001 $1,768,619,058 $20,078,599,626
2000 $1,731,198,022 $18,937,031,610
1999 $1,454,430,642 $15,873,875,969
1998 $1,280,177,839 $15,200,846,154
1997 $1,747,011,857 $14,505,233,463
1996 $1,873,671,550 $13,789,560,878
1995 $1,763,536,305 $11,396,706,587
1994 $1,543,606,345 $10,122,020,000
1993 $1,327,748,690 $13,695,962,055
1992 $1,127,806,945 $13,253,565,861
1991 $1,028,087,972 $12,981,833,333
1990 $865,559,879 $12,308,624,418
1989 $714,046,821 $9,853,395,762
1988 $598,961,269 $10,577,041,645
1987 $1,087,273,104 $11,356,215,543
1986 $1,776,842,097 $13,293,205,278
1985 $2,366,666,616 $16,403,539,893
1984 $1,757,142,856 $17,503,078,174
1983 - $17,589,277,143
1982 - $16,298,929,011
1981 - $15,518,201,335
1980 - $13,062,420,382
1979 - $9,929,681,529
1978 - $9,275,200,458
1977 - $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Laos vs Syria by year

Laos
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $2,325 - - -
2024 $2,124 $9,776 - -
2023 $2,067 $9,292 $847 $4,650
2022 $2,046 $8,766 $1,057 $4,772
2021 $2,526 $8,080 $689 $4,593
2020 $2,584 $7,913 $594 $3,738
2019 $2,589 $7,743 $1,110 $3,502
2018 $2,545 $7,487 $1,098 $3,456
2017 $2,432 $7,142 $852 $3,265
2016 $2,303 $6,743 $656 -
2015 $2,121 $6,086 $848 -
2014 $1,981 $5,799 $1,061 -
2013 $1,813 $5,222 $986 -
2012 $1,564 $4,781 $1,898 -
2011 $1,362 $4,100 $2,952 -
2010 $1,126 $3,772 $2,731 -
2009 $935 $3,485 $2,462 -
2008 $886 $3,271 $2,429 -
2007 $697 $3,021 $1,938 -
2006 $579 $2,777 $1,719 -
2005 $466 $2,519 $1,534 -
2004 $409 $2,315 $1,368 -
2003 $355 $2,151 $1,220 -
2002 $313 $2,020 $1,190 -
2001 $320 $1,908 $1,178 -
2000 $319 $1,794 $1,138 -
1999 $272.3 $1,686 $978 -
1998 $243.9 $1,577 $961 -
1997 $339 $1,528 $941 -
1996 $371 $1,435 $918 -
1995 $358 $1,349 $780 -
1994 $321 $1,265 $712 -
1993 $283.4 $1,176 $993 -
1992 $247.3 $1,114 $990 -
1991 $231.8 $1,061 $1,000 -
1990 $200.7 $1,012 $978 -
1989 $170.4 - $809 -
1988 $147.1 - $898 -
1987 $274.7 - $997 -
1986 $462 - $1,208 -
1985 $633 - $1,544 -
1984 $483 - $1,706 -
1983 - - $1,776 -
1982 - - $1,703 -
1981 - - $1,676 -
1980 - - $1,458 -
1979 - - $1,146 -
1978 - - $1,108 -
1977 - - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Laos' GDP per capita is $2,325, ranking 155/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Syria ranks 160th at $4,650.

Economic indicators

Laos Syria
Gross domestic product
$18.3B
2025
$20B
2023
GDP rank
138/197
2025
134/197
2023
GDP growth
4.54%
2024-2025
-1.85%
2022-2023
GDP per capita
$2,325
2025
$847
2023
GDP per capita rank
155/197
2025
185/197
2023
GDP per capita, PPP
$9,776
2024
$4,650
2023
GDP per capita PPP rank
134/197
2024
160/197
2023
Government debt
$14.8B
2025
$18.4B
2010
Debt-to-GDP ratio
80.6%
2025
30%
2010
Government debt per person
$1,874
2025
$820
2010
Government debt per person rank
120/185
2025
150/185
2010
Average annual personal income after taxes
$2,426
2026
$693
2026
Income share by richest 10%
28.5%
2024
20.9%
2022
Income share by poorest 10%
3.3%
2024
3.8%
2022
Government expenditure, % of GDP
17.9%
2025
28.6%
2010
Consumer prices inflation
7.7%
2024-2025
13.4%
2018-2019
Unemployment rate
1.21%
2022
14.9%
2011
Population
8027464
26956472

Spending and national debt comparison by year

Laos
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Laos Syria
Government spending Government debt Government spending Government debt
2025 17.9% 80.6% - -
2024 15.8% 94.7% - -
2023 16.5% 108.9% - -
2022 14.7% 115.7% - -
2021 15.7% 92.2% - -
2020 18.4% 75.4% - -
2019 18.6% 69.1% - -
2018 20.7% 60.6% - -
2017 21.8% 57.2% - -
2016 21.1% 54.5% - -
2015 25.8% 53.1% - -
2014 25% 53.5% - -
2013 24.2% 49.5% - -
2012 24.7% 46.1% - -
2011 20.2% 43% - -
2010 22.4% 49.3% 28.6% 30%
2009 20.1% 51.8% 26.7% 31.2%
2008 16.1% 51.7% 22.9% 37.3%
2007 15.1% 55.9% 25.7% 42.7%
2006 14.7% 60% 26.3% 45%
2005 15.3% 73.2% 28.2% 50.7%
2004 13.6% 80.7% 31.3% 113%
2003 16% 90.1% 32.6% 133.4%
2002 16.6% 95.3% 28.5% 132.4%
2001 18.8% 94.7% 28% 144.5%
2000 19.9% - 27.4% 152.1%
1999 - - 28% 147.7%
1998 - - 28.8% 151.2%
1997 - - 29% 147.6%
1996 - - 27.7% 141.5%
1995 - - 29.8% 152.6%
1994 - - 30.3% 163%
1993 - - 29.4% 171.9%
1992 - - 34.2% 173.6%
1991 - - 34.3% 182.4%
1990 - - 28.3% 189.8%

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

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

In 2025, Laos' government spending was $3.28B, accounting for 17.9% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 80.6% in Laos and 30% in Syria, ranking 41/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Syria
1x
Year Deficit/surplus, % of GDP
Laos Syria
2025 1.64% -
2024 2.36% -
2023 -0.01% -
2022 0.06% -
2021 -0.67% -
2020 -5.37% -
2019 -3.2% -
2018 -4.46% -
2017 -5.51% -
2016 -5.06% -
2015 -5.57% -
2014 -3.13% -
2013 -4.03% -
2012 -2.34% -
2011 -1.43% -
2010 -1.47% -7.79%
2009 -3.1% -2.89%
2008 -1.86% -2.86%
2007 -1.12% -2.99%
2006 -1.48% -1.12%
2005 -2.54% -4.41%
2004 -1.81% -4.18%
2003 -3.89% -2.7%
2002 -2.85% -2.02%
2001 -3.68% 2.3%
2000 -3.58% -1.36%
1999 - -1.47%
1998 - -2.81%
1997 - -1.78%
1996 - -2.83%
1995 - -3.81%
1994 - -6%
1993 - -4.96%
1992 - -7.26%
1991 - -6.57%
1990 - -3.92%

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

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

In 2010, Laos' government deficit, the difference between spending and revenue, was $105M, equivalent to 1.47% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 11 years, Laos recorded a fiscal deficit in 11 of those years, while Syria ran a deficit in 10 years. On average, Laos posted an annual deficit equal to 2.49% of GDP, compared to deficit of 2.73% of GDP for Syria.

Inflation comparison by year

Inflation
Laos

Syria
1x
Year Consumer prices inflation
Laos Syria
2025 7.7% -
2024 23.1% -
2023 31.2% -
2022 23% -
2021 3.8% -
2020 5.1% -
2019 3.3% 13.4%
2018 2% 0.94%
2017 0.8% 18.1%
2016 1.6% 47.7%
2015 1.3% 38.5%
2014 4.1% 10.9%
2013 6.4% 40%
2012 4.3% 36.7%
2011 7.6% 4.75%
2010 6% 4.4%
2009 0.1% 2.92%
2008 7.6% 15.7%
2007 4.7% 3.91%
2006 6.5% 10%
2005 7.2% 7.24%
2004 10.5% 4.43%
2003 15.5% 5.8%
2002 10.6% -0.13%
2001 7.8% 3%
2000 8.4% -3.85%
1999 128.4% -3.7%
1998 90.1% -0.8%
1997 19.5% 1.89%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Laos has recorded an average annual inflation rate of 15.4%, compared with 11.4% in Syria. In 2019, inflation was 7.7% in Laos and 13.4% in Syria.

Balance of trade

Laos Syria
Current account balance
$531M
2024
-$367M
2010
Current account balance ranking
58/190
2024
99/190
2010
Current account balance, % of GDP
+3.22%
2024
-0.6%
2010
Goods imports
$8.66B
2024
$15.9B
2010
Goods exports
$9.39B
2024
$12.3B
2010
Service imports
$1.27B
2024
$3.53B
2010
Service exports
$1.73B
2024
$7.33B
2010
Imports of goods and services, % of GDP
41.9%
2016
28.7%
2022
Exports of goods and services, % of GDP
33.2%
2016
6.78%
2022

Economic freedom indices

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

Laos Syria
Economic freedom 50.9 51.2
Economic freedom ranking 157/197 155/197
Property rights 41.1 4
Government integrity 25.9 3.6
Judicial effectiveness 10.2 3.7
Tax burden 88.5 87.3
Government spending 92.7 78.5
Fiscal health 80 13.8
Business freedom 54.2 33.8
Labor freedom 40.7 37.2
Monetary freedom 53.3 80
Trade freedom 69 47
Investment freedom 35 0
Financial freedom 20 20

Economic freedom comparison by year

Laos
Syria
1x
Year Economic freedom index
Laos Syria
2026 50.9 -
2025 51.1 -
2024 50.6 -
2023 50.3 -
2022 49.2 -
2021 53.9 -
2020 55.5 -
2019 57.4 -
2018 53.6 -
2017 54 -
2016 49.8 -
2015 51.4 -
2014 51.2 -
2013 50.1 -
2012 50 51.2
2011 51.3 51.3
2010 51.1 49.4
2009 50.4 51.3
2008 50.3 47.2
2007 50.3 48.3
2006 47.5 51.2
2005 44.4 46.3
2004 42 40.6
2003 41 41.3
2002 36.8 36.3
2001 33.5 36.6
2000 36.8 37.2
1999 35.2 39
1998 35.2 42.2
1997 35.1 43
1996 38.5 42.3

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Syria
Services, % of GDP
43.6%
2025
44.7%
2022
Industry, % of GDP
29.2%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
42.9%
2022
GNI, Atlas method
$16.9B
2025
$18.2B
2023
GNI per capita, PPP
$9,800
2025
$4,480
2023
Total reserves including gold
$2.21B
2024
$20.6B
2010
Total reserves ranking
125/177
2024
66/177
2010
Net foreign direct investment
-$988M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$988M
2024
$0
2024
Net outflows of foreign direct investment
$0
2024
$0
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
0.15%
2023
Poverty at national poverty lines
15%
2024
35.2%
2007
Gross capital formation, % of GDP
29%
2016
16%
1969

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/syria | 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 (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. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. 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.