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Economy of Laos vs Tajikistan compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $14.2B for Tajikistan, ranking 139/197 and 145/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Laos vs Tajikistan GDP by year

Laos
Tajikistan
1x
Year GDP, current $
Laos Tajikistan
2024 $16,502,933,121 $14,204,575,549
2023 $15,843,155,731 $12,244,169,293
2022 $15,468,785,204 $10,713,525,200
2021 $18,827,148,531 $8,937,805,347
2020 $18,981,805,250 $8,133,963,551
2019 $18,740,561,513 $8,300,813,599
2018 $18,141,641,090 $7,764,999,999
2017 $17,071,155,481 $7,536,402,853
2016 $15,912,501,723 $6,992,416,097
2015 $14,426,380,126 $8,271,431,485
2014 $13,279,245,886 $9,112,605,459
2013 $11,983,252,627 $8,448,411,318
2012 $10,192,846,339 $7,633,036,903
2011 $8,750,104,617 $6,522,756,255
2010 $7,131,771,015 $5,642,221,099
2009 $5,836,137,330 $4,979,472,364
2008 $5,446,433,157 $5,161,299,725
2007 $4,223,152,739 $3,719,524,541
2006 $3,455,030,061 $2,830,213,849
2005 $2,735,558,735 $2,312,352,021
2004 $2,366,398,120 $2,076,176,869
2003 $2,023,324,407 $1,555,318,261
2002 $1,758,176,653 $1,221,106,220
2001 $1,768,619,058 $1,080,772,551
2000 $1,731,198,022 $860,541,842
1999 $1,454,430,642 $1,086,612,290
1998 $1,280,177,839 $1,320,199,582
1997 $1,747,011,857 $921,518,033
1996 $1,873,671,550 $1,043,654,822
1995 $1,763,536,305 $1,231,561,860
1994 $1,543,606,345 $1,522,001,206
1993 $1,327,748,690 $1,646,623,195
1992 $1,127,806,945 $1,908,554,572
1991 $1,028,087,972 $2,536,585,366
1990 $865,559,879 $2,629,395,066
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/tajikistan | CC BY

GDP per capita in Laos vs Tajikistan by year

Laos
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $1,341 $5,406
2023 $2,067 $9,292 $1,178 $4,964
2022 $2,046 $8,766 $1,052 $4,514
2021 $2,526 $8,080 $897 $3,986
2020 $2,584 $7,913 $834 $3,654
2019 $2,589 $7,743 $871 $3,460
2018 $2,545 $7,487 $834 $3,069
2017 $2,432 $7,142 $829 $3,017
2016 $2,303 $6,743 $789 $2,914
2015 $2,121 $6,086 $957 $2,975
2014 $1,981 $5,799 $1,082 $3,152
2013 $1,813 $5,222 $1,028 $2,919
2012 $1,564 $4,781 $952 $2,679
2011 $1,362 $4,100 $834 $2,456
2010 $1,126 $3,772 $737 $2,291
2009 $935 $3,485 $665 $2,171
2008 $886 $3,271 $703 $2,120
2007 $697 $3,021 $517 $1,966
2006 $579 $2,777 $401 $1,810
2005 $466 $2,519 $334 $1,673
2004 $409 $2,315 $306 $1,550
2003 $355 $2,151 $233.6 $1,396
2002 $313 $2,020 $187 $1,257
2001 $320 $1,908 $168.7 $1,139
2000 $319 $1,794 $136.9 $1,036
1999 $272.3 $1,686 $175 $947
1998 $243.9 $1,577 $213.7 $905
1997 $339 $1,528 $150.1 $855
1996 $371 $1,435 $172 $836
1995 $358 $1,349 $207 $1,006
1994 $321 $1,265 $261.3 $1,148
1993 $283.4 $1,176 $287.6 $1,454
1992 $247.3 $1,114 $338 $1,721
1991 $231.8 $1,061 $458 $2,417
1990 $200.7 $1,012 $487 $2,583
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/tajikistan | CC BY

Laos' GDP per capita is $2,124, ranking 155/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Tajikistan ranks 157th at $5,406.

Economic indicators

Laos Tajikistan
Gross domestic product
$16.5B
2024
$14.2B
2024
GDP rank
139/197
2024
145/197
2024
GDP growth
4.13%
2023-2024
8.4%
2023-2024
GDP per capita
$2,124
2024
$1,341
2024
GDP per capita rank
155/197
2024
166/197
2024
GDP per capita, PPP
$9,776
2024
$5,406
2024
GDP per capita PPP rank
134/197
2024
157/197
2024
Government debt
$16.6B
2024
$3.54B
2024
Debt-to-GDP ratio
100.5%
2024
24.9%
2024
Government debt per person
$2,134
2024
$335
2024
Government debt per person rank
119/185
2024
175/185
2024
Average annual personal income after taxes
$2,096
2026
$2,591
2026
Income share by richest 10%
31.2%
2018
28.2%
2024
Income share by poorest 10%
3%
2018
2.9%
2024
Government expenditure, % of GDP
15.7%
2024
27.7%
2024
Consumer prices inflation
23.1%
2023-2024
3.5%
2023-2024
Central bank interest rate n/a
7.75%
2025
Unemployment rate
1.21%
2022
0.08%
2016
Population
8004838
11038274

Spending and national debt comparison by year

Laos
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Laos Tajikistan
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 27.7% 24.9%
2023 16.4% 116.5% 28% 29.9%
2022 14.7% 130.7% 27.4% 31.8%
2021 15.7% 92.9% 27.6% 42%
2020 18.4% 76% 29.2% 50.9%
2019 18.6% 69.1% 28.8% 43.2%
2018 20.7% 60.6% 30.9% 46.3%
2017 21.8% 57.2% 33.8% 46.3%
2016 21.1% 54.5% 32.7% 42.2%
2015 25.8% 53.1% 31.9% 35%
2014 25% 53.5% 27.5% 27.9%
2013 24.2% 49.5% 27.7% 29.3%
2012 24.7% 46.1% 24.7% 32.5%
2011 20.2% 43% 24.3% 35.5%
2010 22.4% 49.3% 25.9% 36.8%
2009 20.1% 51.8% 23.6% 36.9%
2008 16.1% 51.7% 20.2% 30.2%
2007 15.1% 55.9% 20.3% 34.3%
2006 14.7% 60% 21.6% 36.8%
2005 15.3% 73.2% 22.9% 45.8%
2004 13.6% 80.7% 20.2% 49.4%
2003 16% 90.1% 19.1% 69.8%
2002 16.6% 95.3% 19.1% 98.3%
2001 18.8% 94.7% 17.3% 99.4%
2000 19.9% - 18.1% 111.4%
1999 - - 17.5% 107.8%
1998 - - 17.1% 96.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 24.9% in Tajikistan, ranking 24/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Tajikistan
1x
Year Deficit/surplus, % of GDP
Laos Tajikistan
2024 2.34% 0.28%
2023 -0.01% -0.93%
2022 0.06% -0.23%
2021 -0.67% -0.64%
2020 -5.37% -4.34%
2019 -3.2% -2.04%
2018 -4.46% -2.69%
2017 -5.51% -5.65%
2016 -5.06% -2.91%
2015 -5.57% -1.96%
2014 -3.13% 0.92%
2013 -4.03% -0.73%
2012 -2.34% 0.41%
2011 -1.43% 0.6%
2010 -1.47% -2.71%
2009 -3.1% -0.2%
2008 -1.86% 1.94%
2007 -1.12% 2.13%
2006 -1.48% 2%
2005 -2.54% -2.83%
2004 -1.81% -2.32%
2003 -3.89% -1.74%
2002 -2.85% -2.4%
2001 -3.68% -2.11%
2000 -3.58% -4.51%
1999 - -4.03%
1998 - -5.09%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Tajikistan ran a deficit in 18 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 1.31% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Laos

Tajikistan
1x
Year Consumer prices inflation
Laos Tajikistan
2024 23.1% 3.5%
2023 31.2% 3.7%
2022 23% 6.6%
2021 3.8% 9%
2020 5.1% 8.6%
2019 3.3% 7.8%
2018 2% 3.8%
2017 0.8% 7.3%
2016 1.6% 5.9%
2015 1.3% 5.8%
2014 4.1% 6.1%
2013 6.4% 5%
2012 4.3% 5.8%
2011 7.6% 12.4%
2010 6% 6.5%
2009 0.1% 6.4%
2008 7.6% 20.4%
2007 4.7% 13.2%
2006 6.5% 10%
2005 7.2% 7.3%
2004 10.5% 7.2%
2003 15.5% 16.4%
2002 10.6% 12.2%
2001 7.8% 38.6%
2000 8.4% 32.9%
1999 128.4% 27.5%
1998 90.1% 43.2%
1997 19.5% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 15% in Tajikistan. In 2024, inflation was 23.1% in Laos and 3.5% in Tajikistan.

Balance of trade

Laos Tajikistan
Current account balance
$531M
2024
$887M
2024
Current account balance ranking
61/190
2024
54/190
2024
Current account balance, % of GDP
+3.22%
2024
+6.24%
2024
Goods imports
$8.66B
2024
$5.94B
2024
Goods exports
$9.39B
2024
$1.42B
2024
Service imports
$1.27B
2024
$971M
2024
Service exports
$1.73B
2024
$195M
2024
Imports of goods and services, % of GDP
41.9%
2016
48.4%
2023
Exports of goods and services, % of GDP
33.2%
2016
17.2%
2023

Economic freedom indices

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

Laos Tajikistan
Economic freedom 50.9 52.5
Economic freedom ranking 157/197 147/197
Property rights 41.1 28.4
Government integrity 25.9 18.5
Judicial effectiveness 10.2 10.1
Tax burden 88.5 94.2
Government spending 92.7 77
Fiscal health 80 98.6
Business freedom 54.2 60.6
Labor freedom 40.7 43.4
Monetary freedom 53.3 72.6
Trade freedom 69 72.2
Investment freedom 35 25
Financial freedom 20 30

Economic freedom comparison by year

Laos
Tajikistan
1x
Year Economic freedom index
Laos Tajikistan
2026 50.9 52.5
2025 51.1 51.5
2024 50.6 51.3
2023 50.3 50.6
2022 49.2 49.7
2021 53.9 55.2
2020 55.5 52.2
2019 57.4 55.6
2018 53.6 58.3
2017 54 58.2
2016 49.8 51.3
2015 51.4 52.7
2014 51.2 52
2013 50.1 53.4
2012 50 53.4
2011 51.3 53.5
2010 51.1 53
2009 50.4 54.6
2008 50.3 54.4
2007 50.3 53.6
2006 47.5 52.6
2005 44.4 50.4
2004 42 48.7
2003 41 46.5
2002 36.8 47.3
2001 33.5 46.8
2000 36.8 44.8
1999 35.2 41.2
1998 35.2 41.1
1997 35.1 -
1996 38.5 -

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Tajikistan
Services, % of GDP
43.5%
2024
34.7%
2023
Industry, % of GDP
29%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
22.9%
2023
GNI, Atlas method
$15.5B
2024
$17.5B
2024
GNI per capita, PPP
$9,160
2024
$7,100
2024
Total reserves including gold
$1.77B
2023
$3.3B
2023
Total reserves ranking
129/177
2023
117/177
2023
Net foreign direct investment
-$988M
2024
-$190M
2024
Net inflows of foreign direct investment
$988M
2024
$291M
2024
Net outflows of foreign direct investment
$0
2024
$101M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
3.07%
2024
Poverty at national poverty lines
22%
2020
19.8%
2024
Gross capital formation, % of GDP
29%
2016
31.7%
2023

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/tajikistan | 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 (1998–2024, 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.