International Reserves in Laos

Laos International Reserves | Economic News & Forecasts

Laos - International Reserves

The Covid-19 pandemic and associated lockdown will have dealt a notable blow to the economy in H1, hammering the tourism, transport and services sectors. Due to the nationwide lockdown as well as border closures, the industrial and tourism sectors are set to be severely hit in H1. On a more positive note, the state airline announced it will reopen its domestic routes on 22 May, which should help gradually restart activity. Moreover, China’s Chifeng Jilong said it will resume gold production at Sepon mine for the first time in over six years, thanks to the recent spike in gold prices, while the government is pushing ahead with the Mekong River hydropower project. The plant, part of the government’s plan to export electricity to its neighbors, is estimated to cost over USD 2 billion and its construction should start later this year.

Laos - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)1.1  0.9  1.1  0.9  1.1  

Sample Report

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

Download

Laos International Reserves Chart


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

Laos Facts

Value Change Date
Exchange Rate8,8850.31 %Jan 01

Sample Report

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

Download

Request a 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