COUNTRY INFO


Lao People's Democratic Republic
 
 
General Information
 
Laos is a landlocked country in Southeast Asia on the Indochinese peninsula between Thailand and Vietnam, and north of Cambodia. Laos shares also short borders with China and Myanmar (Burma).
 
Capital : Vientiane
Government Type : Communist state
Land area : 230,800 sq km
Official language : Lao
Population : 6.7 million
Currency : Kip
 
Economic Indicators
 
  2018 2019 2020
GDP (US‎$b) 18.1 19.1 18.7
GDP per capita (US$) 2,567.9 2,660.8 2,567.0
GDP PPP (Int’I $b) 54.9 58.8 59.7
GDP per capita PPP (Int’I $) 7,776.7 8,206.5 8,220.9
Real GDP growth (% change yoy) 6.3 5.2 0.2
Current account balance (US$b) -2.2 -1.2 -1.6
Current account balance (% GDP) -12.0 -6.4 -8.7
Inflation (% change yoy) 2.0 3.3 6.5
Unemployment (% labour force) N/A N/A N/A
 
Source :
https://www.dfat.gov.au/sites/default/files/laos-cef.pdf
https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/OEMDC/ADVEC/WEOWORLD