What is the difference in use between laowai (老外) and waiguoren (外国人)?

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Answer

they share same meaning.
but laowai(老外） originally has offensive meaning... people r used to call foreigners laowai instead of waiguoren nowadays. so laowai is more casual, waiguoren is more formal.

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They are exactly same.

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I think laowai老外 is used in nord china
I never use this word 
外国人 is the right expression

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both are the same meaning, 
but 老外is often used in spoken compared with '外国人'.

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They have the same meaning.But 外国人 is more formal.They just like "ping-pong" and "table tennis" in English.

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