GDP in Laos
Laos - GDPThe Food and Agriculture Organization reported on 5 July that improved weather conditions in the latter part of 2016 had carried over into this year and that agricultural production will increase compared to 2016’s output, which bodes well for overall growth. While the massive USD 6 billion project to connect the Chinese province of Yunnan to Vientiane remains firmly on track, the Thai and Lao governments announced late in June that works related to the railway connection between the two countries will begin at year’s end. Moreover, the China-Thailand connection through Laos is expected to boost growth, particularly in the manufacturing sector.
Laos - GDP Data
|Economic Growth (GDP, annual variation in %)||8.0||8.0||8.5||7.5||7.3|
5 years of economic forecasts for more than 30 economic indicators.
Source: World Bank.
|Exchange Rate||8,278||-0.05 %||Jul 26|
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