What is the GDP of Laos?

Laos's GDP is approximately $16.5 billion USD. The GDP growth rate is 4.1%.

What is the population of Laos?

Laos has a population of approximately 7.8 million people. The population growth rate is 1.4%.

What is the inflation rate in Laos?

The inflation rate in Laos is 23.1%.

What is the unemployment rate in Laos?

The unemployment rate in Laos is 1.2%.

What is the GDP per capita of Laos?

Laos's GDP per capita is approximately $2,124 USD.

Is Laos a good country to invest in?

Laos has an investment score of 22/100, classified as "High Risk" risk. Key sectors include Hydropower, Mining, Agriculture. Credit rating: CCC.

How much foreign investment does Laos attract?

Foreign direct investment (FDI) in Laos is 6% of GDP. This indicates strong foreign investor interest.

What are the main economic sectors in Laos?

Laos's economy is composed of services (44% of GDP), industry (29% of GDP), and agriculture (17% of GDP).

Can I start a business in Laos as a foreigner?

Laos offers various options for foreign entrepreneurs. Visit our business setup guide for Laos for detailed information on entity types, registration steps, costs, tax rates, and foreign ownership rules.

Is Laos's economy growing?

Laos's GDP growth rate is 4.1%. This is above the global average, indicating strong economic momentum.

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Laos Economy Overview

Name: NationsData World Economic Dataset
Creator: NationsData
License: https://datacatalog.worldbank.org/public-licenses#cc-by

East Asia & PacificLower MiddleCapital: VientianeLAO

High Risk

CCC

Growing

16.5B USD

GDP (Nominal)

Growing at 4.1%

$2,124

GDP Per Capita

Developing economy

7.8M

Population

+1.4% annual growth

High

23.1%

Inflation

Elevated

Trade Openness

Strong

6%of GDP

FDI Inflows

Public Debt

Low

1.2%

Unemployment

Trade Balance

Currency & Exchange Rate

Currency

₭ Lao Kip

LAK

Exchange Rate (1 USD)

₭21,500.00

+3.4% YoY(weakened)

5-Year Change

+136.3%

From ₭9,100.00

Regime & Controls

managed float

Capital controls: moderate

GDP

Billion USD, nominal

$16.5B

2024+0.7B

GDP Growth

Annual %

4.1%

2024+0.4%

Inflation

Consumer prices, annual %

23.1%

2024-8.1%

Population

Millions

7.8M

2024+0.1M

Economic Structure

Services44%

Industry29%

Agriculture17%

Infrastructure32/100

Internet Speed

25 Mbps

Mobile: 16 Mbps

Logistics Index

2.4 /5.0

World Bank LPI

Electricity

68%

Reliability score

Connectivity

limited

43% internet access

Investment Score Breakdown

Economic Health (30%)25

Political Safety (25%)18

Business Climate (20%)20

Financial Strength (15%)12

Growth Potential (10%)42

Key Sectors

Hydropower

8% of GDP

stable

Mining

5% of GDP

declining

Agriculture

15% of GDP

stable

Should I Invest in Laos?

AvoidSetup: ModerateROI: Moderate

Laos scores 22/100 on the NationsData Investment Index, rated "High Risk". Growth is healthy at 3.5%.

Investment Score22/100

GDP Growth3.5%

Inflation25%

FDI/GDP2.5%

Public Debt122%

Political Stability-0.2

Strengths

+Healthy GDP growth at 3.5%

Risks

-Significant political instability - governance risks may affect business continuity
-High inflation (25%) - erodes margins and purchasing power
-Very high public debt (122% of GDP) - fiscal crisis risk
-Corruption is a significant concern - budget for compliance and due diligence

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