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Economy of Laos vs Tunisia compared: GDP & Debt

Updated on by Georank team

Laos has a GDP of $16.5B compared to $51.3B for Tunisia, ranking 139/197 and 93/197 by economy size, respectively.

Laos has $16.6B in government debt (100.5% of GDP), compared to $42.8B (83.4% of GDP) in Tunisia.

Laos vs Tunisia GDP by year

Laos
Tunisia
1x
Year GDP, current $
Laos Tunisia
2024 $16,502,933,121 $51,332,285,657
2023 $15,843,155,731 $48,205,328,303
2022 $15,468,785,204 $44,929,920,093
2021 $18,827,148,531 $47,073,234,359
2020 $18,981,805,250 $42,491,780,918
2019 $18,740,561,513 $41,905,642,419
2018 $18,141,641,090 $42,686,504,460
2017 $17,071,155,481 $42,163,530,591
2016 $15,912,501,723 $44,360,072,680
2015 $14,426,380,126 $45,779,494,042
2014 $13,279,245,886 $50,271,812,921
2013 $11,983,252,627 $48,685,446,414
2012 $10,192,846,339 $47,311,401,813
2011 $8,750,104,617 $48,123,325,825
2010 $7,131,771,015 $46,206,091,938
2009 $5,836,137,330 $43,455,740,497
2008 $5,446,433,157 $44,859,439,902
2007 $4,223,152,739 $38,915,353,867
2006 $3,455,030,061 $34,376,664,601
2005 $2,735,558,735 $32,272,186,695
2004 $2,366,398,120 $31,183,885,241
2003 $2,023,324,407 $27,453,902,261
2002 $1,758,176,653 $23,141,616,605
2001 $1,768,619,058 $22,065,832,449
2000 $1,731,198,022 $21,473,528,161
1999 $1,454,430,642 $22,943,202,175
1998 $1,280,177,839 $21,802,893,587
1997 $1,747,011,857 $20,746,210,354
1996 $1,873,671,550 $19,587,161,807
1995 $1,763,536,305 $18,030,876,599
1994 $1,543,606,345 $15,633,174,304
1993 $1,327,748,690 $14,608,335,608
1992 $1,127,806,945 $15,496,708,060
1991 $1,028,087,972 $13,074,782,609
1990 $865,559,879 $12,290,568,182
1989 $714,046,821 $10,101,851,745
1988 $598,961,269 $10,096,245,762
1987 $1,087,273,104 $9,696,715,911
1986 $1,776,842,097 $9,017,806,654
1985 $2,366,666,616 $8,410,226,053
1984 $1,757,142,856 $8,254,541,195
1983 - $8,350,582,748
1982 - $8,133,580,052
1981 - $8,428,445,294
1980 - $8,744,134,354
1979 - $7,188,863,904
1978 - $5,968,460,080
1977 - $5,109,324,009
1976 - $4,508,191,942
1975 - $4,328,965,588
1974 - $3,545,868,575
1973 - $2,730,813,385
1972 - $2,237,556,149
1971 - $1,685,162,272
1970 - $1,439,238,095
1969 - $1,289,904,762
1968 - $1,214,666,667
1967 - $1,085,714,286
1966 - $1,040,952,381
1965 - $991,047,619
1964 - $1,025,866,792
1963 - $1,026,737,600
1962 - $880,027,733
1961 - $866,155,429

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Laos vs Tunisia by year

Laos
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Laos Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,124 $9,776 $4,181 $14,521
2023 $2,067 $9,292 $3,951 $14,041
2022 $2,046 $8,766 $3,707 $13,619
2021 $2,526 $8,080 $3,907 $12,444
2020 $2,584 $7,913 $3,549 $11,918
2019 $2,589 $7,743 $3,529 $12,495
2018 $2,545 $7,487 $3,628 $11,841
2017 $2,432 $7,142 $3,619 $11,289
2016 $2,303 $6,743 $3,848 $10,994
2015 $2,121 $6,086 $4,015 $10,783
2014 $1,981 $5,799 $4,459 $10,947
2013 $1,813 $5,222 $4,370 $10,672
2012 $1,564 $4,781 $4,297 $10,615
2011 $1,362 $4,100 $4,421 $10,436
2010 $1,126 $3,772 $4,292 $10,555
2009 $935 $3,485 $4,080 $10,237
2008 $886 $3,271 $4,255 $9,975
2007 $697 $3,021 $3,727 $9,479
2006 $579 $2,777 $3,323 $8,729
2005 $466 $2,519 $3,147 $8,117
2004 $409 $2,315 $3,067 $7,672
2003 $355 $2,151 $2,726 $7,098
2002 $313 $2,020 $2,321 $6,715
2001 $320 $1,908 $2,236 $6,593
2000 $319 $1,794 $2,199 $6,279
1999 $272.3 $1,686 $2,376 $5,930
1998 $243.9 $1,577 $2,285 $5,579
1997 $339 $1,528 $2,202 $5,333
1996 $371 $1,435 $2,107 $5,040
1995 $358 $1,349 $1,968 $4,686
1994 $321 $1,265 $1,733 $4,555
1993 $283.4 $1,176 $1,649 $4,401
1992 $247.3 $1,114 $1,785 $4,292
1991 $231.8 $1,061 $1,538 $3,975
1990 $200.7 $1,012 $1,476 $3,780
1989 $170.4 - $1,239 -
1988 $147.1 - $1,266 -
1987 $274.7 - $1,245 -
1986 $462 - $1,187 -
1985 $633 - $1,135 -
1984 $483 - $1,143 -
1983 - - $1,184 -
1982 - - $1,177 -
1981 - - $1,247 -
1980 - - $1,324 -
1979 - - $1,113 -
1978 - - $946 -
1977 - - $830 -
1976 - - $752 -
1975 - - $741 -
1974 - - $624 -
1973 - - $493 -
1972 - - $415 -
1971 - - $320 -
1970 - - $280.5 -
1969 - - $257.7 -
1968 - - $248.9 -
1967 - - $228 -
1966 - - $223.8 -
1965 - - $217.3 -
1964 - - $228.5 -
1963 - - $231.9 -
1962 - - $201.4 -
1961 - - $200.7 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

Laos' GDP per capita is $2,124, ranking 155/197, compared to $4,181 in Tunisia, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), Laos ranks 134th at $9,776, while Tunisia ranks 114th at $14,521.

Economic indicators

Laos Tunisia
Gross domestic product
$16.5B
2024
$51.3B
2024
GDP rank
139/197
2024
93/197
2024
GDP growth
4.13%
2023-2024
1.61%
2023-2024
GDP per capita
$2,124
2024
$4,181
2024
GDP per capita rank
155/197
2024
129/197
2024
GDP per capita, PPP
$9,776
2024
$14,521
2024
GDP per capita PPP rank
134/197
2024
114/197
2024
Government debt
$16.6B
2024
$42.8B
2024
Debt-to-GDP ratio
100.5%
2024
83.4%
2024
Government debt per person
$2,134
2024
$3,487
2024
Government debt per person rank
119/185
2024
94/185
2024
Average annual personal income after taxes
$2,096
2026
$3,951
2026
Market capitalization of domestic companies n/a
$8.3B
2024
Income share by richest 10%
31.2%
2018
27%
2021
Income share by poorest 10%
3%
2018
3.1%
2021
Government expenditure, % of GDP
15.7%
2024
33.8%
2024
Consumer prices inflation
23.1%
2023-2024
7%
2023-2024
Central bank interest rate n/a
7.5%
2025
Unemployment rate
1.21%
2022
15.1%
2023
Population
8004838
12437803

Spending and national debt comparison by year

Laos
Spending

Debt
Tunisia
Spending

Debt
1x
Year % of GDP
Laos Tunisia
Government spending Government debt Government spending Government debt
2024 15.7% 100.5% 33.8% 83.4%
2023 16.4% 116.5% 35.7% 84%
2022 14.7% 130.7% 36.5% 83%
2021 15.7% 92.9% 33.2% 79.7%
2020 18.4% 76% 34.5% 77.7%
2019 18.6% 69.1% 29.5% 67.3%
2018 20.7% 60.6% 28.7% 72.9%
2017 21.8% 57.2% 28.7% 67.1%
2016 21.1% 54.5% 27.2% 58.9%
2015 25.8% 53.1% 27.4% 52.4%
2014 25% 53.5% 27.7% 50.7%
2013 24.2% 49.5% 30.8% 45.6%
2012 24.7% 46.1% 28.3% 49%
2011 20.2% 43% 27.9% 43.3%
2010 22.4% 49.3% 24% 38.8%
2009 20.1% 51.8% 24.6% 40.3%
2008 16.1% 51.7% 23.7% 41.4%
2007 15.1% 55.9% 23.3% 42.7%
2006 14.7% 60% 22.9% 45.7%
2005 15.3% 73.2% 23% 50%
2004 13.6% 80.7% 23% 51.6%
2003 16% 90.1% 23.5% 52.6%
2002 16.6% 95.3% 24.1% 51.6%
2001 18.8% 94.7% 24% 52.2%
2000 19.9% - 24% 62.9%
1999 - - 24% 61.9%
1998 - - 24.2% 58.2%
1997 - - 24.5% 66.6%
1996 - - 26.7% 66.8%
1995 - - 26.6% 65.6%
1994 - - 25.9% 63.9%
1993 - - 26.7% 63.8%
1992 - - 25.7% 62.1%
1991 - - 27.6% 63.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Laos' government spending was $2.58B, accounting for 15.7% of its GDP, while Tunisia spent $17.4B, or 33.8% of GDP.

Debt-to-GDP ratio is 100.5% in Laos and 83.4% in Tunisia, ranking 24/185 and 40/185, respectively.

Government deficit by year

Deficit/surplus
Laos

Tunisia
1x
Year Deficit/surplus, % of GDP
Laos Tunisia
2024 2.34% -5.92%
2023 -0.01% -7.03%
2022 0.06% -6.91%
2021 -0.67% -7.6%
2020 -5.37% -9.06%
2019 -3.2% -3.6%
2018 -4.46% -4.27%
2017 -5.51% -5.61%
2016 -5.06% -5.87%
2015 -5.57% -4.95%
2014 -3.13% -3.11%
2013 -4.03% -7.05%
2012 -2.34% -4.9%
2011 -1.43% -3.19%
2010 -1.47% -0.46%
2009 -3.1% -2.59%
2008 -1.86% -0.62%
2007 -1.12% -2.47%
2006 -1.48% -2.33%
2005 -2.54% -2.59%
2004 -1.81% -2.1%
2003 -3.89% -2.64%
2002 -2.85% -2.55%
2001 -3.68% -2.87%
2000 -3.58% -3.22%
1999 - -3.05%
1998 - -2.84%
1997 - -3.7%
1996 - -5.18%
1995 - -4.53%
1994 - -2.87%
1993 - -3.22%
1992 - -3.45%
1991 - -5.25%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Laos' government surplus, the difference between spending and revenue, was $386M, equivalent to 2.34% of GDP. This compares to Tunisia's deficit of $3.04B, or 5.92% of GDP.

Over the past 25 years, Laos recorded a fiscal deficit in 23 of those years, while Tunisia ran a deficit in 25 years. On average, Laos posted an annual deficit equal to 2.63% of GDP, compared to deficit of 4.14% of GDP for Tunisia.

Inflation comparison by year

Inflation
Laos

Tunisia
1x
Year Consumer prices inflation
Laos Tunisia
2024 23.1% 7%
2023 31.2% 9.3%
2022 23% 8.3%
2021 3.8% 5.7%
2020 5.1% 5.6%
2019 3.3% 6.7%
2018 2% 7.3%
2017 0.8% 5.3%
2016 1.6% 3.6%
2015 1.3% 4.4%
2014 4.1% 4.6%
2013 6.4% 5.3%
2012 4.3% 4.6%
2011 7.6% 3.2%
2010 6% 4.4%
2009 0.1% 3.5%
2008 7.6% 4.9%
2007 4.7% 3.4%
2006 6.5% 4.1%
2005 7.2% 2%
2004 10.5% 3.7%
2003 15.5% 2.7%
2002 10.6% 2.7%
2001 7.8% 1.9%
2000 8.4% 2.8%
1999 128.4% 2.8%
1998 90.1% 3.1%
1997 19.5% 3.6%

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

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

Over the past 28 years, Laos has recorded an average annual inflation rate of 15.7%, compared with 4.52% in Tunisia. In 2024, inflation was 23.1% in Laos and 7% in Tunisia.

Top exports between countries

Laos
Export category Export value
Chemicals & pharma $37K
Textiles & consumer goods $9K
Metals $4K
Tunisia
Export category Export value

Balance of trade

Laos Tunisia
Current account balance
$531M
2024
-$775M
2024
Current account balance ranking
61/190
2024
117/190
2024
Current account balance, % of GDP
+3.22%
2024
-1.51%
2024
Goods imports
$8.66B
2024
$18.7B
2024
Goods exports
$9.39B
2024
$8.95B
2024
Service imports
$1.27B
2024
$3.92B
2024
Service exports
$1.73B
2024
$11.2B
2024
Imports of goods and services, % of GDP
41.9%
2016
56.3%
2024
Exports of goods and services, % of GDP
33.2%
2016
50%
2024

Economic freedom indices

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

Laos Tunisia
Economic freedom 50.9 48.1
Economic freedom ranking 157/197 172/197
Property rights 41.1 55.7
Government integrity 25.9 42.1
Judicial effectiveness 10.2 39.7
Tax burden 88.5 68.5
Government spending 92.7 62.5
Fiscal health 80 16
Business freedom 54.2 59.4
Labor freedom 40.7 55.8
Monetary freedom 53.3 72.4
Trade freedom 69 54.6
Investment freedom 35 20
Financial freedom 20 30

Economic freedom comparison by year

Laos
Tunisia
1x
Year Economic freedom index
Laos Tunisia
2026 50.9 48.1
2025 51.1 49.1
2024 50.6 48.8
2023 50.3 52.9
2022 49.2 54.2
2021 53.9 56.6
2020 55.5 55.8
2019 57.4 55.4
2018 53.6 58.9
2017 54 55.7
2016 49.8 57.6
2015 51.4 57.7
2014 51.2 57.3
2013 50.1 57
2012 50 58.6
2011 51.3 58.5
2010 51.1 58.9
2009 50.4 58
2008 50.3 60.1
2007 50.3 60.3
2006 47.5 57.5
2005 44.4 55.4
2004 42 58.4
2003 41 58.1
2002 36.8 60.2
2001 33.5 60.8
2000 36.8 61.3
1999 35.2 61.1
1998 35.2 63.9
1997 35.1 63.8
1996 38.5 63.9
1995 - 63.4

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

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

The Economic Freedom Index for Laos is 50.9, ranking 157/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Laos Tunisia
Services, % of GDP
43.5%
2024
62.6%
2024
Industry, % of GDP
29%
2024
22.6%
2024
Agriculture, forestry, and fishing, % of GDP
16.8%
2024
9.74%
2024
GNI, Atlas method
$15.5B
2024
$47.7B
2024
GNI per capita, PPP
$9,160
2024
$14,230
2024
Total reserves including gold
$1.77B
2023
$9.34B
2024
Total reserves ranking
129/177
2023
80/177
2024
Net foreign direct investment
-$988M
2024
-$725M
2024
Net inflows of foreign direct investment
$988M
2024
$760M
2024
Net outflows of foreign direct investment
$0
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI
13.8%
2024
10.9%
2024
Poverty at national poverty lines
22%
2020
16.6%
2021
Gross capital formation, % of GDP
29%
2016
7.86%
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/tunisia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, 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 (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.