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 | 18.17 USD Billion | 2019 |
| GDP Annual Growth Rate | 0.2 % | 2020 |
| GDP per capita | 1840 USD | 2019 |
| Inflation Rate YoY | 2.48 % | Mar/21 |
| Interest Rate | 3 % | Apr/21 |
| Unemployment Rate | 1 % | 2020 |
| Balance of Trade | 313 USD Million | 0.313 B USD | 3Q/20 |
| Current Account | 203 USD Million | 0.203 B USD | 3Q/20 |
| Foreign Exchange Reserves | 1319 USD Million | 1.319 B USD | 4Q/20 |
GDP
18.17
USD Billion
#117 from 174 countries
GDP per capita
1840
USD
#129 from 169 countries
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 18.17 USD Billion | 2019 |
| GDP Annual Growth Rate | 0.2 % | 2020 |
| GDP per capita | 1840 USD | 2019 |
| GDP Constant Prices | 129726 LAK Billion | 13.742 B USD | 2019 |
| GDP per capita PPP | 7826 USD | 2019 |
| GDP From Agriculture | 18194 LAK Billion | 1.927 B USD | 2019 |
| GDP From Construction | 11936 LAK Billion | 1.264 B USD | 2019 |
| GDP From Manufacturing | 10622 LAK Billion | 1.125 B USD | 2019 |
| GDP From Mining | 9885 LAK Billion | 1.047 B USD | 2019 |
| GDP From Public Administration | 7695 LAK Billion | 0.815 B USD | 2019 |
| GDP From Services | 52409 LAK Billion | 5.552 B USD | 2019 |
| GDP From Transport | 1944 LAK Billion | 0.206 B USD | 2019 |
| GDP From Utilities | 14150 LAK Billion | 1.499 B USD | 2019 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 52.64 % | 2019 |
| Government Budget Value | -5295 LAK Billion | -0.561 B USD | 2019 |
| Government Revenues | 25329 LAK Billion | 2.683 B USD | 2019 |
| Fiscal Expenditure | 30624 LAK Billion | 3.244 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) | 114 index points | Mar/21 |
| Food Inflation | 2.4 % | Jan/21 |
| Inflation Rate YoY | 2.48 % | Mar/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -7.2 % | 2019 |
| Balance of Trade | 313 USD Million | 0.313 USD Billion | 3Q/20 |
| Current Account | 203 USD Million | 0.203 USD Billion | 3Q/20 |
| Exports | 1559 USD Million | 1.559 USD Billion | 3Q/20 |
| External Debt | 9936 USD Million | 9.936 B USD | 2019 |
| Foreign Exchange Reserves | 1319 USD Million | 1.319 USD Billion | 4Q/20 |
| Imports | 1246 USD Million | 1.246 USD Billion | 3Q/20 |
| 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 % | Apr/21 |
| Money Supply M0 | 10990 LAK Billion | 1.164 B USD | 2019 |
| Money Supply M2 | 96186 LAK Billion | 10.189 B USD | 2019 |
| Foreign Direct Investment | 181 USD Million | 0.181 B USD | 3Q/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 1 % | 2020 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 24 % | 2020 |
| Personal Income Tax Rate | 25 % | 2020 |
| 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
-0.561
B USD
#77 from 113 countries
Inflation Rate
2.48
%
#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
