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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 18.83 USD Billion 2021
GDP Annual Growth Rate 3.5 % 2021
GDP per capita 2566 USD 2021
Inflation Rate YoY 39.27 % Dec/22
Interest Rate 6.5 % Dec/22
Unemployment Rate 1.3 % 2021
Balance of Trade 25.82 USD Million | 0.026 B USD 3Q/22
Current Account -153 USD Million | -0.153 B USD 3Q/22
Foreign Exchange Reserves 1075 USD Million | 1.075 B USD 3Q/22


GDP Indicators

Indicator Data Period
GDP Value 18.83 USD Billion 2021
GDP Annual Growth Rate 3.5 % 2021
GDP per capita 2566 USD 2021
GDP Constant Prices 139408 LAK Billion | 8.293 B USD 2021
GDP per capita PPP 7896 USD 2021
GDP From Agriculture  18855 LAK Billion | 1.122 B USD 2021
GDP From Construction  14777 LAK Billion | 0.879 B USD 2021
GDP From Manufacturing  12348 LAK Billion | 0.735 B USD 2021
GDP From Mining  8362 LAK Billion | 0.497 B USD 2021
GDP From Public Administration  8379 LAK Billion | 0.498 B USD 2021
GDP From Services  52493 LAK Billion | 3.123 B USD 2021
GDP From Transport  1897 LAK Billion | 0.113 B USD 2021
GDP From Utilities  18499 LAK Billion | 1.1 B USD 2021


Budget Indicators

Indicator Data Period
Government Debt to GDP 53.81 % 2021
Government Budget Value -2329 LAK Billion | -0.139 B USD 2021
Government Revenues 27178 LAK Billion | 1.617 B USD 2021
Fiscal Expenditure  29507 LAK Billion | 1.755 B USD 2021
Government Budget to GDP -1.3 % 2021
Military Expenditure 23.3 USD Million | 0.02 B USD 2013


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 166 index points Dec/22
Food Inflation 45.3 % Dec/22
Inflation Rate YoY 39.27 % Dec/22


Trade Indicators

Indicator Data Period
Current Account to GDP 2.35 % 2021
Balance of Trade 25.82 USD Million | 0.026 USD Billion 3Q/22
Current Account -153 USD Million | -0.153 USD Billion 3Q/22
Exports 1909 USD Million | 1.909 USD Billion 3Q/22
External Debt 10213 USD Million | 10.213 B USD 2021
Foreign Exchange Reserves 1075 USD Million | 1.075 USD Billion 3Q/22
Imports 1883 USD Million | 1.883 USD Billion 3Q/22
Tourism Revenues  213 USD Million | 0.213 B USD 2020
Tourist Arrivals 886447 Persons | 0.886 Million Persons 2020


Money Indicators

Indicator Data Period
Gold Reserves 0.88 Tonnes 3Q/20
Interest Rate 6.5 % Dec/22
Money Supply M0 13386 LAK Billion | 0.796 B USD 2021
Money Supply M2 138724 LAK Billion | 8.252 B USD 2021
Foreign Direct Investment -116 USD Million | -0.116 B USD 3Q/22


Labor Indicators

Indicator Data Period
Unemployment Rate 1.3 % 2021


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