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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Laos economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Laos best banks and safest banks are also available.
Southeast Asian nations are benefiting from the return of global growth, with more room to grow capacity and exports—even as wages trend upward.
2017 | 2018 | 2019 | 2020* | 2021* |
6.9% | 6.3% | 4.7% | -0.4% | 2.1% |
*Estimate
(2016 estimate)
2017 | 2018 | 2019 | 2020* | 2021* |
0.8% | 2.0% | 3.3% | 5.1% | 4.9% |
*Estimate
2017 | 2018 | 2019 | 2020* | 2021* |
57.2% | 59.7% | 61.1% | 68.2% | 70.9% |
*Estimate
2017 | 2018 | 2019 | 2020* | 2021* |
-4.6% | -3.5% | -3.1% | -4.0% | -3.4% |
*Estimate
Standard & Poor's: N/A
Moody's: N/A
Standard & Poor's / Moody's (Updated January 2017)
2013 | 2014 | 2015 |
N/A | N/A | N/A |
-17.6% (2017 estimate)
36.0% (2015)
0.01% (2015)
0.02% (2015)
Wood products, coffee, electricity, tin, copper, gold, cassava
Machinery and equipment, vehicles, fuel, consumer goods
Thailand 30.4%, China 27%, Vietnam 17.6% (2015)
Thailand 60.9%, China 18.6%, Vietnam 7.3% (2015)
2013 | 2014 | 2015 |
USD 427 million | USD 721 million | USD 1,220 million |
2013 | 2014 | 2015 |
USD 1.0 million | USD 1.9 million | USD 1.1 million |
2012 | 2013 | 2014 | 2015 |
N/A | N/A | N/A | N/A |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 139 out of 190 countries (2017)
Subcategories:
Starting a business: 160 out of 190 countries
Enforcing Contracts: 88 out of 190 countries
Registering Property: 65 out of 190 countries
Getting Credit: 75 out of 190 countries
Protecting Minority Investors: 165 out of 190 countries
Trading Across Borders: 120 out of 190 countries
Paying Taxes: 146 out of 190 countries
Dealing with Construction Permits: 47 out of 190 countries
Getting Electricity: 155 out of 190 countries
Resolving Insolvency: 169 out of 190 countries
93 out of 138 countries
(2016-2017)
Ranking: 155 / Score: 49.83 (Repressed) (2016)
(100=totally free 0=totally repressed)
Lao (official), French, English, various ethnic languages
Buddhist 66.8%, Christian 1.5%, other 31%, unspecified 0.7% (2005 est.)
1990 | 2000 | 2010 | 2016* | 2021* |
4.245 million | 5.388 million | 6.396 million | 7.163 million | 7.87 million |
*Estimate
1960 | 1980 | 2000 | 2015 |
8% | 12% | 22% | 39% |
Total population: 79.9%
Male: 87.1%
Female: 72.8% (2015 est.)
(age 15 and over can read and write)
14.7% (2012)
37.9 (2012)
(0=perfect equality, 100=absolute inequality)
Political Rights: 7
Civil Liberties: 6 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 13.71% Mobile 53.10% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)