Current Account in Laos

Laos Current Account | Economic News & Forecasts

Laos - Current Account

Solid regional growth, exports and healthy inward investment should have powered growth in H2. However, tourist arrivals have likely disappointed this year, despite a government effort to attract more visitors through the Visit Laos campaign. Moreover, recent Central Bank data shows that although goods exports jumped year-on-year in the third quarter, the current account deficit continued to widen on surging goods imports, likely linked to infrastructure projects such as the China-Laos railway. On the political front, on 5 December Laos inked a deal to export energy to Cambodia, which will support the external sector and the administration’s aims of turning Laos into a regional energy hub.

Laos - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-28.4  -20.0  -18.0  -12.0  -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Laos Current Account Chart


Laos Current Account
Note: Current account balance as % of GDP.
Source: IMF

Laos Facts

ValueChangeDate
Exchange Rate8,5610.31 %Jan 16

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form