GDP$15.8BCURRENT US$Rnk 133 / 195 GDP GROWTH32.2%CURRENT US$Rnk 109 / 195
GDP$4.24BCURRENT US$Rnk 161 / 195 GDP GROWTH33.5%CURRENT US$Rnk 106 / 195 GDP PC $2,067CURRENT US$Rnk 157 / 195GDP PC GROWTH14%CURRENT US$Rnk 123 / 195GDP PC$772CURRENT US$Rnk 184 / 196GDP PC GROWTH8.6%CURRENT US$Rnk 138 / 195In N/A, Laos did not export any services to Liberia.
Liberia-Laos In N/A, Liberia did not export any products to Laos.
In N/A, Liberia did not export any services to Laos.
Comparison: In 2023, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B). That same year, Liberia ranked 126 in the Economic Complexity Index (ECI -1.44), and 142 in total exports ($2.36B).
This map shows whether countries import more from Laos or Liberia. Each country is colored based on the difference in imports they receive from Laos and Liberia or the difference in the growth in imports.
In 2023, countries that imported more from Laos than Liberia included China ($3.41B), Thailand ($2.99B), and Australia ($367M).
In 2023, countries that imported more from Liberia than Laos included Switzerland ($708M), United Kingdom ($306M), and France ($197M).
) and Laos () (2023)We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
This visualization shows the product space at the HS4 level with the flags of Laos and Liberia. This means that a dot/product with the flag of Laos indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Laos.
) and Liberia () (2023)
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