GDP in Laos

Laos GDP | Economic News & Forecasts

Laos - GDP

While 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

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)8.0  7.6  7.3  7.0  -     

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Laos GDP Chart


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

Laos Facts

ValueChangeDate
Exchange Rate8,5630.31 %Jan 30

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