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Economy of Laos. Statistics, Data and Indicators

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Laos
N/AN/A Credit rank #
N/A Quality of life #
137 Corruption rank#123
154 Ease of doing business#136
Laos


Laos Major Economic Indicators

Indicator Data Period
GDP Value 19.14 USD Billion 2020
GDP Annual Growth Rate 0.4 % 2020
GDP per capita 1836 USD 2020
Inflation Rate YoY 3.55 % May/21
Interest Rate 3 % Jun/21
Unemployment Rate 1 % 2020
Balance of Trade 293 USD Million | 0.293 B USD 1Q/21
Current Account 70.23 USD Million | 0.07 B USD 1Q/21
Foreign Exchange Reserves 1319 USD Million | 1.319 B USD 4Q/20


GDP
vvp
19.14
USD Billion
#117 from 174 countries
GDP per capita
vvp
1836
USD
#129 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 19.14 USD Billion 2020
GDP Annual Growth Rate 0.4 % 2020
GDP per capita 1836 USD 2020
GDP Constant Prices 129726 LAK Billion | 13.712 B USD 2019
GDP per capita PPP 7806 USD 2020
GDP From Agriculture  18194 LAK Billion | 1.923 B USD 2019
GDP From Construction  11936 LAK Billion | 1.262 B USD 2019
GDP From Manufacturing  10622 LAK Billion | 1.123 B USD 2019
GDP From Mining  9885 LAK Billion | 1.045 B USD 2019
GDP From Public Administration  7695 LAK Billion | 0.813 B USD 2019
GDP From Services  52409 LAK Billion | 5.54 B USD 2019
GDP From Transport  1944 LAK Billion | 0.205 B USD 2019
GDP From Utilities  14150 LAK Billion | 1.496 B USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 52.64 % 2019
Government Budget Value -5295 LAK Billion | -0.56 B USD 2019
Government Revenues 25329 LAK Billion | 2.677 B USD 2019
Fiscal Expenditure  30624 LAK Billion | 3.237 B USD 2019
Government Budget to GDP -3.2 % 2019
Military Expenditure 23.3 USD Million | 0.02 B USD 2013


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 116 index points May/21
Food Inflation 2.4 % Jan/21
Inflation Rate YoY 3.55 % May/21


Trade Indicators

Indicator Data Period
Current Account to GDP -7.2 % 2019
Balance of Trade 293 USD Million | 0.293 USD Billion 1Q/21
Current Account 70.23 USD Million | 0.07 USD Billion 1Q/21
Exports 1997 USD Million | 1.997 USD Billion 1Q/21
External Debt 9936 USD Million | 9.936 B USD 2019
Foreign Exchange Reserves 1319 USD Million | 1.319 USD Billion 4Q/20
Imports 1704 USD Million | 1.704 USD Billion 1Q/21
Tourism Revenues  935 USD Million | 0.935 B USD 2019
Tourist Arrivals 4791065 Persons | 4.791 Million Persons 2019


Money Indicators

Indicator Data Period
Gold Reserves 0.88 Tonnes 3Q/20
Interest Rate 3 % Jun/21
Money Supply M0 10990 LAK Billion | 1.162 B USD 2019
Money Supply M2 96186 LAK Billion | 10.167 B USD 2019
Foreign Direct Investment 340 USD Million | 0.34 B USD 1Q/21


Labor Indicators

Indicator Data Period
Unemployment Rate 1 % 2020


Taxes



Business Indicators

Indicator Data Period
Corruption Index 29 index points 2020
Corruption Rank 137 place 2020
Ease of Doing Business 154 place 2019
Competitiveness Index 50.1 Index Points 2019
Competitiveness Rank 113 2019


Gold Reserves
gold_reserve_icon
0.88
Tonnes
#97 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
1.319
USD Billion
#102 from 114 countries


Government Budget Value
balance_icon
-0.56
B USD
#77 from 113 countries
Inflation Rate
inflation_icon
3.55
%
#59 from 174 countries


Interest Rate
discount_rate_icon
3
%
#84 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
1
%
#167 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries