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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 #
128 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 2546 USD 2020
Inflation Rate YoY 9.9 % Apr/22
Interest Rate 3 % Mar/22
Unemployment Rate 1 % 2020
Balance of Trade 311 USD Million | 0.311 B USD 4Q/21
Current Account 71.96 USD Million | 0.072 B USD 4Q/21
Foreign Exchange Reserves 1263 USD Million | 1.263 B USD 4Q/21


GDP Indicators

Indicator Data Period
GDP Value 19.14 USD Billion 2020
GDP Annual Growth Rate 0.4 % 2020
GDP per capita 2546 USD 2020
GDP Constant Prices 134720 LAK Billion | 10.182 B USD 2020
GDP per capita PPP 7806 USD 2020
GDP From Agriculture  18404 LAK Billion | 1.391 B USD 2020
GDP From Construction  13661 LAK Billion | 1.032 B USD 2020
GDP From Manufacturing  11986 LAK Billion | 0.906 B USD 2020
GDP From Mining  8233 LAK Billion | 0.622 B USD 2020
GDP From Public Administration  8133 LAK Billion | 0.615 B USD 2020
GDP From Services  51783 LAK Billion | 3.914 B USD 2020
GDP From Transport  1888 LAK Billion | 0.143 B USD 2020
GDP From Utilities  17000 LAK Billion | 1.285 B USD 2020


Budget Indicators

Indicator Data Period
Government Debt to GDP 55.66 % 2020
Government Budget Value -9012 LAK Billion | -0.681 B USD 2020
Government Revenues 21846 LAK Billion | 1.651 B USD 2020
Fiscal Expenditure  30858 LAK Billion | 2.332 B USD 2020
Government Budget to GDP -5.22 % 2020
Military Expenditure 23.3 USD Million | 0.02 B USD 2013


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 124 index points Apr/22
Food Inflation 6.1 % Mar/22
Inflation Rate YoY 9.9 % Apr/22


Trade Indicators

Indicator Data Period
Current Account to GDP -0.6 % 2020
Balance of Trade 311 USD Million | 0.311 USD Billion 4Q/21
Current Account 71.96 USD Million | 0.072 USD Billion 4Q/21
Exports 1877 USD Million | 1.877 USD Billion 4Q/21
External Debt 10610 USD Million | 10.61 B USD 2020
Foreign Exchange Reserves 1263 USD Million | 1.263 USD Billion 4Q/21
Imports 1566 USD Million | 1.566 USD Billion 4Q/21
Tourism Revenues  213 USD Million | 0.213 B USD 2020
Tourist Arrivals 894776 Persons | 0.895 Million Persons 2020


Money Indicators

Indicator Data Period
Gold Reserves 0.88 Tonnes 3Q/20
Interest Rate 3 % Mar/22
Money Supply M0 12195 LAK Billion | 0.922 B USD 2020
Money Supply M2 111895 LAK Billion | 8.457 B USD 2020
Foreign Direct Investment 208 USD Million | 0.208 B USD 4Q/21


Labor Indicators

Indicator Data Period
Unemployment Rate 1 % 2020


Taxes



Business Indicators

Indicator Data Period
Corruption Index 30 index points 2021
Corruption Rank 128 place 2021
Ease of Doing Business 154 place 2019
Competitiveness Index 50.1 Index Points 2019
Competitiveness Rank 113 2019