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
 
  2017 2018 2019
GDP (US‎$b) 17.1 18.4 20.2
GDP per capita (US$) 2,555.1 2,720.3 2,931.8
GDP PPP (Int’I $b) 49.3 53.7 58.3
GDP per capita PPP (Int’I $) 7,381.7 7,924.6 8,485.4
Real GDP growth (% change yoy) 6.8 6.5 6.7
Current account balance (US$b) -2.9 -3.2 -3.3
Current account balance (% GDP) -16.9 -17.1 -16.4
Inflation (% change yoy) 0.7 2.0 3.1
Unemployment (% labour force) 0.7 0.7 N/A
 
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