Economy in Laos

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Laos

Economy in Laos


The continent: Asia
  
Iso2:LA
  
Iso3:LAO

For country comparisons (the table on the map) colors are used:
 
 Good performance;
 
 The average;
 
 Poor performance

GDP in Laos


GDP, PPP

38 712 066 581 current international $[?] (2015)
(descending): 110 in the world of 194 (43,81%); 38 place in Asia 48 (22,92%)
37,03 % (7,41 % annual) ↘
min: 4 438 995 340; max: 38 712 066 581; max-min: 34 273 071 241 (88,53%); mid: 21 575 530 961;
17 136 535 621 (44,27%)

GDP

12 369 080 043 current US$[?] (2015)
(descending): 125 in the world of 199 (37,69%); 41 place in Asia 48 (16,67%)
42,37 % (8,47 % annual) ↘
min: 598 961 269; max: 12 369 080 043; max-min: 11 770 118 774 (95,16%); mid: 6 484 020 656;
5 885 059 387 (47,58%)

GDP per capita, PPP

5 691 current international $[?] (2015)
(descending): 135 in the world of 194 (30,93%); 37 place in Asia 48 (25%)
31,58 % (6,32 % annual) ↘
min: 1 045; max: 5 691; max-min: 4 646 (81,64%); mid: 3 368;
2 323 (40,82%)

Reserves in Laos


Total reserves

1 043 071 090 current US$[?] (2015)
(descending): 127 in the world of 184 (31,52%); 42 place in Asia 46 (10,87%)
5,89 % (1,18 % annual) ↗
min: 640 884; max: 1 274 038 876; max-min: 1 273 397 992 (99,95%); mid: 637 339 880;
405 731 210 (38,90%)

Total reserves

8,96 % of total external debt[?] (2015)
(descending): 112 in the world of 117 (5,13%); 28 place in Asia 29 (6,90%)
88,99 % (17,80 % annual) ↗
min: 0,048; max: 16,93; max-min: 16,88 (99,71%); mid: 8,49;
0,469 (5,23%)

Total reserves minus gold

1 043 071 090 current US$[?] (2015)
(descending): 127 in the world of 184 (31,52%); 42 place in Asia 46 (10,87%)
32,57 % (6,51 % annual) ↘
min: 640 884; max: 1 043 071 090; max-min: 1 042 430 206 (99,94%); mid: 521 855 987;
521 215 103 (49,97%)

Gross savings

14,15 % of GDP[?] (2015)
(descending): 121 in the world of 164 (26,83%); 36 place in Asia 42 (16,67%)
31,22 % (6,24 % annual) ↗
min: -0,613; max: 20,52; max-min: 21,14 (102,99%); mid: 9,96;
4,20 (29,66%)

GDP - composition in Laos


Household consumption

62,60 %[?] (2015)
(descending): 112 in the world of 198 (43,94%); 20 place in Asia 49 (61,22%)

Government consumption

14,10 %[?] (2015)
(descending): 134 in the world of 197 (32,49%); 25 place in Asia 49 (51,02%)

Investment in fixed capital

33,10 %[?] (2015)
(descending): 24 in the world of 194 (88,14%); 7 place in Asia 49 (87,76%)

investment in inventories

1 %[?] (2015)
(descending): 51 in the world of 166 (69,88%); 24 place in Asia 43 (46,51%)

exports of goods and services

47,20 %[?] (2015)
(descending): 55 in the world of 196 (72,45%); 16 place in Asia 51 (70,59%)

imports of goods and services

-58 %[?] (2015)
(descending): 144 in the world of 195 (26,67%); 41 place in Asia 51 (21,57%)

GDP - composition by sector of origin in Laos


agriculture

21,30 %[?] (2015)
(descending): 45 in the world of 219 (79,91%); 9 place in Asia 49 (83,67%)

industry

32,50 %[?] (2015)
(descending): 61 in the world of 221 (72,85%); 26 place in Asia 51 (50,98%)

services

39,40 %[?] (2015)
(descending): 206 in the world of 223 (8,07%); 46 place in Asia 51 (11,76%)

GDP growth in Laos


GDP growth rate

7,35 annual %[?] (2015)
(descending): 11 in the world of 193 (94,82%); 5 place in Asia 48 (91,67%)
16,01 % (3,20 % annual) ↗
min: -2,01; max: 14,19; max-min: 16,20 (114,17%); mid: 6,09;
1,26 (17,14%)

GDP per capita growth

5,57 annual %[?] (2015)
(descending): 16 in the world of 193 (92,23%); 7 place in Asia 48 (87,50%)
19,63 % (3,93 % annual) ↗
min: -4,80; max: 10,93; max-min: 15,73 (143,89%); mid: 3,07;
2,50 (44,96%)

Costs in Laos


Expense

16,71 % of GDP[?] (2014)
(ascending): 24 in the world of 140 (83,57%); 10 place in Asia 37 (75,68%)
33,91 % (6,78 % annual) ↘
min: 10,78; max: 17,94; max-min: 7,16 (39,90%); mid: 14,36;
2,34 (14,01%)

Final consumption expenditure, etc.

82,18 % of GDP[?] (2015)
(ascending): 94 in the world of 177 (47,46%); 33 place in Asia 46 (30,43%)
5,58 % (1,12 % annual) ↘
min: 77,59; max: 104,77; max-min: 27,18 (25,94%); mid: 91,18;
-9,01 (-10,96%)

Foreign direct investment, net outflows

0,0091195 % of GDP[?] (2015)
(ascending): 29 in the world of 165 (83,03%); 5 place in Asia 42 (90,48%)
188,00 % (37,60 % annual) ↘
min: -1,37; max: 0,976; max-min: 2,35 (240,60%); mid: -0,198;
0,207 (2 272%)

Government expenditure on education, total

4,19 % of GDP[?] (2014)
(ascending): 76 in the world of 147 (48,98%); 24 place in Asia 34 (32,35%)
33,80 % (6,76 % annual) ↘
min: 1,50; max: 4,19; max-min: 2,69 (64,12%); mid: 2,85;
1,34 (32,06%)

Research and development expenditure

0,037 % of GDP[?] (2002)
(2005) (ascending): 6 in the world of 124 (95,97%); 1 place in Asia 33 (100%)

Military expenditure

0,203 % of GDP[?] (2013)
(ascending): 5 in the world of 155 (97,42%); 2 place in Asia 40 (97,50%)
6,30 % (1,26 % annual) ↗
min: 0,203; max: 9,07; max-min: 8,87 (97,77%); mid: 4,64;
-4,43 (-2 188%)

Health expenditure

1,87 % of GDP[?] (2014)
(ascending): 2 in the world of 190 (99,47%); 2 place in Asia 46 (97,83%)
47,19 % (9,44 % annual) ↗
min: 1,87; max: 5,43; max-min: 3,56 (65,64%); mid: 3,65;
-1,78 (-95,52%)

Income in Laos


Tax revenue

16,06 % of GDP[?] (2014)
(descending): 74 in the world of 142 (48,59%); 10 place in Asia 37 (75,68%)
18,89 % (3,78 % annual) ↘
min: 12,10; max: 16,06; max-min: 3,96 (24,64%); mid: 14,08;
1,98 (12,32%)

Trade

86,97 % of GDP[?] (2015)
(descending): 79 in the world of 187 (58,29%); 22 place in Asia 48 (56,25%)
14,66 % (2,93 % annual) ↘
min: 9,11; max: 96,62; max-min: 87,51 (90,58%); mid: 52,86;
34,11 (39,22%)

Trade in services

11,19 % of GDP[?] (2015)
(descending): 141 in the world of 179 (21,79%); 32 place in Asia 44 (29,55%)
2,97 % (0,593 % annual) ↘
min: 2,71; max: 36,95; max-min: 34,24 (92,66%); mid: 19,83;
-8,64 (-77,18%)

Merchandise trade

50,12 % of GDP[?] (2015)
(descending): 112 in the world of 188 (40,96%); 25 place in Asia 47 (48,94%)
6,55 % (1,31 % annual) ↗
min: 10,44; max: 72,10; max-min: 61,66 (85,52%); mid: 41,27;
8,86 (17,67%)

Foreign direct investment, net inflows

8,72 % of GDP[?] (2015)
(descending): 28 in the world of 188 (85,64%); 8 place in Asia 48 (85,42%)
55,17 % (11,03 % annual) ↘
min: -0,068; max: 8,72; max-min: 8,79 (100,78%); mid: 4,33;
4,40 (50,39%)

Natural resources rents

17,29 % of GDP[?] (2012)
(descending): 42 in the world of 177 (76,84%); 11 place in Asia 47 (78,72%)
1,59 % (0,319 % annual) ↗
min: 1,52; max: 19,31; max-min: 17,79 (92,13%); mid: 10,41;
6,88 (39,79%)

Public debt

61,60 % GDP[?] (2015)
(ascending): 119 in the world of 178 (33,71%); 31 place in Asia 42 (28,57%)