BEST BANKS 2014: ASIA-PACIFIC

BEST BANKS 2014: ASIA-PACIFIC

Developing Asia will grow by 6.2% this year and 6.5% next, according to Asian Development Bank estimates, up slightly from 6.1% in 2013. Despite the uptick in overall growth, banks around the region continue to face challenging landscapes.

 
 
Source
Central bank

N/A

International Reserves

US$ 1.178 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 8.937 billion (2009 estimate)

GDP (Purchasing Power Parity)

19.137 billion of International dollars (2009 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
4.6% 6.9% 6.2% 7% 6.8% 8.6% 7.8% 7.8%
2009 2010 2011 2012*        
7.6% 7.9% 8.3% 8.4%        

*Estimate

GDP per capita - current prices

US$ 1,338 (2009 estimate)

GDP per capita - PPP

$2,866 International Dollars (2009 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.01% 0.01% 0.02% 0.02% 0.03%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 27.8% 
  • industry: 34.8% 
  • services: 37.4% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
0%(2008) 6% 8.7% 6.7%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
59.9% 62.2% 62% 57.4% 54%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-3.8% -6.5% -4.4% -2.3% -1.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in Laos

N/A

 
 
Source
Current account balance

US$ -1.8 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-19.6% of GDP (2009 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

36.3% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.01%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.01% (2010)(2007)

(Data were released in 2012)

Total exports

US$2.28 billion (2012 estimate) 

Export commodities

wood products, coffee, electricity, tin, copper, gold, cassava

Total imports

US$2.645 billion (2012 estimate) 

 
 
Source
Import commodities

machinery and equipment, vehicles, fuel, consumer goods

Exports - major partners

Thailand 34.8%, China 24.6%, Vietnam 10% (2011)

Imports - major partners

Thailand 65.9%, China 11.3%, Vietnam 5.3% (2011)

FDI inflows
2009 2010 2011
US$319 million US$333 million(2009) US$450 million(2009)
FDI outflows
2009 2010 2011  
US$1 million US$6 million US$7 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
N/A N/A(2009) N/A(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 163 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 81 out of 185 countries(2009)

Enforcing Contracts: 114 out of 185 countries

Registering Property: 74 out of 185 countries

Getting credit: 167 out of 185 countries

Protecting investors: 184 out of 185 countries

Trading across border: 160 out of 185 countries

Paying Taxes: 126 out of 185 countries

Dealing with Construction Permits: 87 out of 185 countries

Getting Electricity: 138 out of 185 countries

Resolving Insolvency: 185 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 150 Score: 50.0 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

236,800 km2 (2006)

Capital

Vientiane (Viangchan) (2009)

Currency

kips (LAK) (2009)

Government type

Communist state (2009)

Languages

Lao (official), French, English, and various ethnic languages

Religions

Buddhist 67%, Christian 1.5%, other and unspecified 31.5% (2005 census)

Total population
1980 1990 2000 2012* 2017**
3.24 million 4.21 million 5.4 million 6.38 million 6.84 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
7.9% 12.4% 22% 34.2%
Population median age

21 years (2010)

Population growth rate

1.4% (2011)

Life expectancy

67 years (2010)

Adult literacy

73% (2005/2010)

% of population living on less than $2 a day

66% (2011)

Inequality of wealth distribution (Gini index)

36.74 (2008)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:7
Civil Liberties:6 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

88.87% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

9% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

Source
CO2 emissions(Metric tons of CO2 per capita)

0.2963 (Data were released in 2012 and refer to 2009)

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