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GOAL 8: Decent Work and Economic Growth in Laos

Laos: GOAL 8: Decent Work and Economic Growth was 0.875 5 year moving average in 2023. ◆ Volatile

Latest (2023)
0.875 5 year moving average
Change on year
up 31.2%
World rank
34th
of 215 countries
All-time high
0.875 5 year moving average
in 2021
All-time low
0.111 5 year moving average
in 2004
Years of data
20
2004–2023

GOAL 8: Decent Work and Economic Growth in Laos, 2004–2023

0.20.40.60.82004201320232004: 0.111 5 year moving average2005: 0.2 5 year moving average2006: 0.2 5 year moving average2007: 0.2 5 year moving average2008: 0.182 5 year moving average2009: 0.182 5 year moving average2010: 0.333 5 year moving average2011: 0.385 5 year moving average2012: 0.385 5 year moving average2013: 0.417 5 year moving average2014: 0.417 5 year moving average2015: 0.25 5 year moving average2016: 0.167 5 year moving average2017: 0.417 5 year moving average2018: 0.417 5 year moving average2019: 0.462 5 year moving average2020: 0.714 5 year moving average2021: 0.875 5 year moving average2022: 0.667 5 year moving average2023: 0.875 5 year moving average

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Measured in 5 year moving average.

Analysis

Laos recorded 0.875 5 year moving average for goal 8: decent work and economic growth in 2023. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 31.2% on the previous year and up 109.8% over ten years.

Over the whole period, goal 8: decent work and economic growth in Laos peaked at 0.875 5 year moving average in 2021 and was at its lowest, 0.111 5 year moving average, in 2004.

That places Laos 34th out of 215 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GOAL 8: Decent Work and Economic Growth in Laos, year by year

Year 5 year moving average Change
2004 0.111 5 year moving average —
2005 0.2 5 year moving average +80.2%
2006 0.2 5 year moving average +0.0%
2007 0.2 5 year moving average +0.0%
2008 0.182 5 year moving average -9.0%
2009 0.182 5 year moving average +0.0%
2010 0.333 5 year moving average +83.0%
2011 0.385 5 year moving average +15.6%
2012 0.385 5 year moving average +0.0%
2013 0.417 5 year moving average +8.3%
2014 0.417 5 year moving average +0.0%
2015 0.25 5 year moving average -40.0%
2016 0.167 5 year moving average -33.2%
2017 0.417 5 year moving average +149.7%
2018 0.417 5 year moving average +0.0%
2019 0.462 5 year moving average +10.8%
2020 0.714 5 year moving average +54.5%
2021 0.875 5 year moving average +22.5%
2022 0.667 5 year moving average -23.8%
2023 0.875 5 year moving average +31.2%

Laos compared with similar countries

  • Laos's 0.875 5 year moving average is above the median for lower middle income countries, which is 0.875 5 year moving average, 1.0× the median. (47 countries reporting)
  • Laos's 0.875 5 year moving average is above the median for East Asia & Pacific, which is 0.75 5 year moving average, 1.2× the median. (37 countries reporting)

Biggest year-on-year movements

Years where GOAL 8: Decent Work and Economic Growth in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +149.7% 0.167 5 year moving average 0.417 5 year moving average

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.1792 5 year moving average 0.111 5 year moving average 0.2 5 year moving average 6
2010s 0.365 5 year moving average 0.167 5 year moving average 0.462 5 year moving average 10
2020s 0.7828 5 year moving average 0.667 5 year moving average 0.875 5 year moving average 4

Countries ranked near Laos

  1. 34 Afghanistan 0.875 5 year moving average compare
  2. 34 Albania 0.875 5 year moving average compare
  3. 34 Argentina 0.875 5 year moving average compare
  4. 34 Armenia 0.875 5 year moving average compare
  5. 34 Bangladesh 0.875 5 year moving average compare
  6. 34 Bolivia 0.875 5 year moving average compare
  7. 34 Bosnia and Herzegovina 0.875 5 year moving average compare
  8. 34 Botswana 0.875 5 year moving average compare
  9. 34 Brazil 0.875 5 year moving average compare
  10. 34 Cambodia 0.875 5 year moving average compare
  11. 34 Chile 0.875 5 year moving average compare
  12. 34 Comoros 0.875 5 year moving average compare
  13. 34 Democratic Republic of Congo 0.875 5 year moving average compare
  14. 34 Cote d'Ivoire 0.875 5 year moving average compare
  15. 34 Dominican Republic 0.875 5 year moving average compare
  16. 34 Ecuador 0.875 5 year moving average compare
  17. 34 Egypt 0.875 5 year moving average compare
  18. 34 El Salvador 0.875 5 year moving average compare
  19. 34 Eswatini 0.875 5 year moving average compare
  20. 34 Ethiopia 0.875 5 year moving average compare
  21. 34 Gambia 0.875 5 year moving average compare
  22. 34 Georgia 0.875 5 year moving average compare
  23. 34 Ghana 0.875 5 year moving average compare
  24. 34 Guatemala 0.875 5 year moving average compare
  25. 34 Guinea 0.875 5 year moving average compare
  26. 34 Honduras 0.875 5 year moving average compare
  27. 34 India 0.875 5 year moving average compare
  28. 34 Indonesia 0.875 5 year moving average compare
  29. 34 Iraq 0.875 5 year moving average compare
  30. 34 Israel 0.875 5 year moving average compare
  31. 34 Jamaica 0.875 5 year moving average compare
  32. 34 Jordan 0.875 5 year moving average compare
  33. 34 Kenya 0.875 5 year moving average compare
  34. 34 South Korea 0.875 5 year moving average compare
  35. 34 Kyrgyzstan 0.875 5 year moving average compare
  36. 34 Latvia 0.875 5 year moving average compare
  37. 34 Lebanon 0.875 5 year moving average compare
  38. 34 Lesotho 0.875 5 year moving average compare
  39. 34 Luxembourg 0.875 5 year moving average compare
  40. 34 Malawi 0.875 5 year moving average compare
  41. 34 Malaysia 0.875 5 year moving average compare
  42. 34 Mali 0.875 5 year moving average compare
  43. 34 Mauritania 0.875 5 year moving average compare
  44. 34 Mauritius 0.875 5 year moving average compare
  45. 34 Moldova 0.875 5 year moving average compare
  46. 34 Mongolia 0.875 5 year moving average compare
  47. 34 Myanmar 0.875 5 year moving average compare
  48. 34 Nigeria 0.875 5 year moving average compare
  49. 34 North Macedonia 0.875 5 year moving average compare
  50. 34 Pakistan 0.875 5 year moving average compare
  51. 34 Panama 0.875 5 year moving average compare
  52. 34 Peru 0.875 5 year moving average compare
  53. 34 Philippines 0.875 5 year moving average compare
  54. 34 Senegal 0.875 5 year moving average compare
  55. 34 Serbia 0.875 5 year moving average compare
  56. 34 South Africa 0.875 5 year moving average compare
  57. 34 Sri Lanka 0.875 5 year moving average compare
  58. 34 Tanzania 0.875 5 year moving average compare
  59. 34 Thailand 0.875 5 year moving average compare
  60. 34 Togo 0.875 5 year moving average compare
  61. 34 Tunisia 0.875 5 year moving average compare
  62. 34 Uganda 0.875 5 year moving average compare
  63. 34 Vietnam 0.875 5 year moving average compare
  64. 34 Palestine 0.875 5 year moving average compare
  65. 34 Zambia 0.875 5 year moving average compare
  66. 34 Zimbabwe 0.875 5 year moving average compare

See the full ranking of 215 places →

More reference data data for Laos

All data for Laos →

Frequently asked questions

What is goal 8: decent work and economic growth in Laos?
Goal 8: decent work and economic growth in Laos was 0.875 5 year moving average in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest goal 8: decent work and economic growth recorded in Laos?
The highest recorded value was 0.875 5 year moving average in 2021.
What is the lowest goal 8: decent work and economic growth recorded in Laos?
The lowest recorded value was 0.111 5 year moving average in 2004.
How does Laos rank for goal 8: decent work and economic growth?
Laos ranks 34th out of 215 countries with data for 2023.
Is goal 8: decent work and economic growth rising or falling in Laos?
Over the last ten years it is up 109.8%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of GOAL 8: Decent Work and Economic Growth (5 year moving average). Statizoid updates them automatically from the source API.

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GOAL 8: Decent Work and Economic Growth in Laos. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/goal-8-decent-work-and-economic-growth-5-year-moving-average/lao-pdr/

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About this data

Indicator
GOAL 8: Decent Work and Economic Growth (5 year moving average)
Unit
5 year moving average
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

SDG Goal 8 data availability. Source: UN Global SDG Indicators Database