GDP$4BCURRENT US$Rnk 155 / 186 GDP GROWTH43.3%CURRENT US$Rnk 80 / 186
GDP$15.7BCURRENT US$Rnk 128 / 186 GDP GROWTH54.3%CURRENT US$Rnk 52 / 186 GDP PC $755CURRENT US$Rnk 176 / 186GDP PC GROWTH17.1%CURRENT US$Rnk 96 / 186GDP PC$2,088CURRENT US$Rnk 149 / 186GDP PC GROWTH33.4%CURRENT US$Rnk 59 / 186In N/A, Liberia did not export any services to Laos.
Laos-Liberia In false, Laos did not export any products to Liberia.
In N/A, Laos did not export any services to Liberia.
Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). That same year, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).
This map shows whether countries import more from Liberia or Laos. Each country is colored based on the difference in imports they receive from Liberia and Laos or the difference in the growth in imports.
In 2022, countries that imported more from Liberia than Laos included Switzerland ($544M), France ($158M), and Poland ($124M).
In 2022, countries that imported more from Laos than Liberia included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).
) and Liberia () (2022)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 Liberia and Laos. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Laos. Similarly, a dot/product with the flag of Laos indicates it has a comparative advantage over Liberia.
) and Laos () (2019)
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