International Reserves in Laos

Laos International Reserves | Economic News & Forecasts

Laos - International Reserves

Growth likely remains robust, buttressed by the ongoing construction of the flagship Laos-China railway. Moreover, the recent start of operations at the 1285-megawatt Xayaburi Dam should be supporting the external sector, while merchandise exports were up over 9% in H1, which, coupled with modest import growth, caused the trade deficit to fall year-on-year. Less positively, however, the expansion in credit slowed considerably in Q1–Q3 compared to the 2018 average. Furthermore, growth in tourism arrivals was soft in H1, which has likely had a knock-on effect on the services sector and domestic demand. Moreover, international reserves are meager and have dipped so far this year, leaving Laos exposed to external shocks.

Laos - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)0.7  0.9  1.0  0.8  1.2  

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Laos International Reserves Chart


Laos International Reserves
Note: International reserves in months of imports.
Source: World Bank and FocusEconomics calculations.

Laos Facts

ValueChangeDate
Exchange Rate8,7950.31 %Sep 04

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