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Lao PDR Ores and metals exports (% of merchandise exports)
What is Lao PDR's ores and metals exports (% of merchandise exports)? As of 2023, it's 20.2%, down from 46.9% in 2014.
| Label | Ores and metals exports (% of merchandise exports) |
|---|---|
| 2014 | 46.8833% |
| 2015 | 40.3152% |
| 2016 | 36.9265% |
| 2017 | 24.5288% |
| 2018 | 26.3497% |
| 2019 | 22.4777% |
| 2020 | 15.7371% |
| 2021 | 12.0566% |
| 2022 | 16.1082% |
| 2023 | 20.179% |
Data Source: World Bank and Wantstats Repository
Lao PDR Ores and metals exports (% of merchandise exports): Key Points
- Measured in 2023, Lao PDR's ores and metals exports sits at 20.18 %. The series opened at 46.88 % in 2014, making the full move a 57% fall.
- 2017: caves in to 24.53 % (-34%).
- 2019-2021: collapses to 12.06 % (-54%).
- 2022: leaps to 16.11 % (+34%).
- 2023: up to 20.18 % (+25%).
- 2023: Series wraps up at 20.18 %, a net 57.0% loss across the whole run.
What The Volatility Really Means
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
The 2020 dip lands in the one year that disrupted almost every kind of economic activity worldwide — 2020. That doesn't prove COVID-19 caused this specific move, but it's a reasonable first place to look before assuming something else did.
Check the source link for methodology before quoting a specific year from this chart — Lao PDR's underlying statistics agency, like most, revises and re-estimates historical figures as better data comes in.
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