GDP in Laos

Laos GDP | Economic News & Forecasts

Laos - GDP

In 2016, Laos’ economy likely maintained the strong pace of growth recorded in past years and the country is expected to have been one of the strongest performers in the region. The government has been pursuing exporting energy as a strategy for economic growth and opened a number of large hydropower plants in 2016. Adding to the good news, gold output rose by 15% in H1 2016 and better weather allowed for higher agricultural output last year. On 25 December, construction of the USD 5.8 billion China-Laos railway officially started. The railway will be part of a rail route connecting China to Singapore via Laos, Thailand and Malaysia and it will take five years to complete.

Laos - GDP Data

2011  2012  2013  2014  2015  
Economic Growth (GDP, annual variation in %)8.0  8.0  8.5  7.5  -     

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Note: Annual variation of gross domestic product (GDP) in %.
Source: World Bank.

Laos Facts

ValueChangeDate
Exchange Rate8,200-0.03 %Feb 16

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