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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 #
126 Corruption rank#123
154 Ease of doing business#136
Laos


Laos Major Economic Indicators

Indicator Data Period
GDP Value 15.72 USD Billion 2022
GDP Annual Growth Rate 4.8 % 2023
GDP per capita 2599 USD 2022
Inflation Rate YoY 25.69 % Sep/23
Interest Rate 7.5 % Sep/23
Unemployment Rate 2.6 % 2022
Balance of Trade 200 USD Million | 0.2 B USD 2Q/23
Current Account 66.98 USD Million | 0.067 B USD 2Q/23
Foreign Exchange Reserves 1529 USD Million | 1.529 B USD 2Q/23


GDP Indicators

Indicator Data Period
GDP Value 15.72 USD Billion 2022
GDP Annual Growth Rate 4.8 % 2023
GDP per capita 2599 USD 2022
GDP Constant Prices 145574 LAK Billion | 7.112 B USD 2022
GDP per capita PPP 7948 USD 2022
GDP From Agriculture  19488 LAK Billion | 0.952 B USD 2022
GDP From Construction  15834 LAK Billion | 0.774 B USD 2022
GDP From Manufacturing  12928 LAK Billion | 0.632 B USD 2022
GDP From Mining  8596 LAK Billion | 0.42 B USD 2022
GDP From Public Administration  8760 LAK Billion | 0.428 B USD 2022
GDP From Services  55103 LAK Billion | 2.692 B USD 2022
GDP From Transport  2443 LAK Billion | 0.119 B USD 2022
GDP From Utilities  18999 LAK Billion | 0.928 B USD 2022


Budget Indicators

Indicator Data Period
Government Debt to GDP 68.01 % 2022
Government Budget Value -736 LAK Billion | -0.036 B USD 2022
Government Revenues 32487 LAK Billion | 1.587 B USD 2022
Fiscal Expenditure  33223 LAK Billion | 1.623 B USD 2022
Government Budget to GDP -0.3 % 2022
Military Expenditure 23.3 USD Million | 0.02 B USD 2013


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 202 index points Sep/23
Food Inflation 31.85 % Aug/23
Inflation Rate YoY 25.69 % Sep/23


Trade Indicators

Indicator Data Period
Current Account to GDP -0.07 % 2022
Balance of Trade 200 USD Million | 0.2 USD Billion 2Q/23
Current Account 66.98 USD Million | 0.067 USD Billion 2Q/23
Exports 2038 USD Million | 2.038 USD Billion 2Q/23
External Debt 10235 USD Million | 10.235 B USD 2022
Foreign Exchange Reserves 1529 USD Million | 1.529 USD Billion 2Q/23
Imports 1837 USD Million | 1.837 USD Billion 2Q/23
Tourism Revenues  264 USD Million | 0.264 B USD 2022
Tourist Arrivals 1294365 Persons | 1.294 Million Persons 2022


Money Indicators

Indicator Data Period
Gold Reserves 0.88 Tonnes 3Q/20
Interest Rate 7.5 % Sep/23
Money Supply M0 12662 LAK Billion | 0.619 B USD 2022
Money Supply M2 189849 LAK Billion | 9.276 B USD 2022
Foreign Direct Investment 305 USD Million | 0.305 B USD 2Q/23


Labor Indicators

Indicator Data Period
Unemployment Rate 2.6 % 2022


Taxes



Business Indicators

Indicator Data Period
Corruption Index 31 index points 2022
Corruption Rank 126 place 2022
Ease of Doing Business 154 place 2019
Competitiveness Index 50.1 Index Points 2019
Competitiveness Rank 113 2019