GDP in Laos
Laos - GDPWhile hard data remains limited, economic growth is expected to have remained robust in 2018, powered by infrastructure spending, an influx of FDI and power generation. However, agricultural output appeared to languish from the impact of poor weather conditions. The tropical storms also impacted tourist arrivals, which fell short of the government’s target for the year. Moreover, the failure to capture the benefits of economic integration within ASEAN—underlined by a recent study highlighting its fall in export share within the association over recent years—demonstrates the progress yet to be made on improving trade competitiveness and the business climate.
Laos - GDP Data
|Economic Growth (GDP, annual variation in %)||8.0||7.6||7.3||7.0||-|
5 years of economic forecasts for more than 30 economic indicators.
Laos GDP Chart
Source: World Bank.
|Exchange Rate||8,580||0.31 %||Feb 14|
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