Economy of Laos. Statistics, Data and Indicators
Laos
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 137 | Corruption rank#123 |
| 154 | Ease of doing business#136 |
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
19.14
USD Billion
#117 from 174 countries
GDP per capita
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 20 % | 2021 |
| Personal Income Tax Rate | 25 % | 2021 |
| Sales Tax Rate | 10 % | 2020 |
| Social Security Rate | 11.5 % | 2020 |
| Social Security Rate For Companies | 6 % | 2020 |
| Social Security Rate For Employees | 5.5 % | 2020 |
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
0.88
Tonnes
#97 from 114 countries
Foreign Exchange Reserves
1.319
USD Billion
#102 from
114 countries
Government Budget Value
-0.56
B USD
#77 from 113 countries
Inflation Rate
3.55
%
#59 from
174 countries
Interest Rate
3
%
#84 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
1
%
#167 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
