Economy of Laos. Statistics, Data and Indicators
Laos
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 130 | Corruption rank#123 |
| 154 | Ease of doing business#136 |
Laos Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 18.17 USD Billion | 2019 |
| GDP Annual Growth Rate | 4.7 % | 2019 |
| GDP per capita | 1840 USD | 2019 |
| Inflation Rate YoY | 5.12 % | Jul/20 |
| Interest Rate | 3 % | Aug/20 |
| Unemployment Rate | 0.6 % | 2019 |
| Balance of Trade | 20.37 USD Million | 0.02 B USD | 3Q/19 |
| Current Account | -350 USD Million | -0.35 B USD | 4Q/19 |
| Foreign Exchange Reserves | 997 USD Million | 0.997 B USD | 4Q/19 |
GDP
18.17
USD Billion
#117 from 174 countries
GDP per capita
1840
USD
#129 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 18.17 USD Billion | 2019 |
| GDP Annual Growth Rate | 4.7 % | 2019 |
| GDP per capita | 1840 USD | 2019 |
| GDP Constant Prices | 129726 LAK Billion | 14.216 B USD | 2019 |
| GDP per capita PPP | 7826 USD | 2019 |
| GDP From Agriculture | 18195 LAK Billion | 1.994 B USD | 2018 |
| GDP From Construction | 9808 LAK Billion | 1.075 B USD | 2018 |
| GDP From Manufacturing | 9817 LAK Billion | 1.076 B USD | 2018 |
| GDP From Mining | 10549 LAK Billion | 1.156 B USD | 2018 |
| GDP From Public Administration | 7630 LAK Billion | 0.836 B USD | 2018 |
| GDP From Services | 49385 LAK Billion | 5.412 B USD | 2018 |
| GDP From Transport | 1818 LAK Billion | 0.199 B USD | 2018 |
| GDP From Utilities | 13890 LAK Billion | 1.522 B USD | 2018 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 53.34 % | 2018 |
| Government Budget Value | -9207 LAK Billion | -1.009 B USD | 2018 |
| Government Revenues | 23944 LAK Billion | 2.624 B USD | 2018 |
| Fiscal Expenditure | 31003 LAK Billion | 3.397 B USD | 2018 |
| Government Budget to GDP | -4.6 % | 2018 |
| Military Expenditure | 23.3 USD Million | 0.02 B USD | 2013 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 113 index points | Jul/20 |
| Food Inflation | 9.6 % | Jun/20 |
| Inflation Rate YoY | 5.12 % | Jul/20 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -7.2 % | 2019 |
| Balance of Trade | 20.37 USD Million | 0.02 USD Billion | 3Q/19 |
| Current Account | -350 USD Million | -0.35 USD Billion | 4Q/19 |
| Exports | 1467 USD Million | 1.467 USD Billion | 3Q/19 |
| External Debt | 9762 USD Million | 9.762 B USD | 2018 |
| Foreign Exchange Reserves | 997 USD Million | 0.997 USD Billion | 4Q/19 |
| Imports | 1447 USD Million | 1.447 USD Billion | 3Q/19 |
| Tourism Revenues | 786 USD Million | 0.786 B USD | 2018 |
| Tourist Arrivals | 4457675 Persons | 4.458 Million Persons | 2018 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 0.9 Tonnes | 2Q/19 |
| Interest Rate | 3 % | Aug/20 |
| Money Supply M0 | 9200 LAK Billion | 1.008 B USD | 2018 |
| Money Supply M2 | 80950 LAK Billion | 8.871 B USD | 2018 |
| Foreign Direct Investment | 171 USD Million | 0.171 B USD | 4Q/19 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 0.6 % | 2019 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 24 % | 2020 |
| Personal Income Tax Rate | 24 % | 2019 |
| Sales Tax Rate | 10 % | 2020 |
| Social Security Rate | 11.5 % | 2019 |
| Social Security Rate For Companies | 6 % | 2019 |
| Social Security Rate For Employees | 5.5 % | 2019 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 29 index points | 2019 |
| Corruption Rank | 130 place | 2019 |
| Ease of Doing Business | 154 place | 2019 |
| Competitiveness Index | 50.1 Index Points | 2019 |
| Competitiveness Rank | 113 | 2019 |
Gold Reserves
0.9
Tonnes
#97 from 114 countries
Foreign Exchange Reserves
0.997
USD Billion
#102 from
114 countries
Government Budget Value
-1.009
B USD
#77 from 113 countries
Inflation Rate
5.12
%
#59 from
174 countries
Interest Rate
3
%
#84 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
0.6
%
#167 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
