GDP in Laos

Laos GDP | Economic News & Forecasts

Laos - GDP

Economic momentum appears to have continued at a solid pace, carried by strong external demand and public investment in infrastructure. External demand was buoyed by higher commodity prices and growing economic momentum in key trade partners. On 31 October, the Ministry of Finance met with the National Assembly to discuss the 2018 budget, which includes a modest increase in spending. Following missed revenue targets in H1 2017, the government is focusing on fiscal consolidation and measures to increase revenue in 2018 through modernizing its VAT and income tax rates to thwart a further widening of the fiscal deficit.

Laos - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)8.0  8.5  7.5  7.3  7.0  

Sample Report

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


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

Laos Facts

Exchange Rate8,3240.31 %Nov 17

Sample Report

Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.


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