Please log in to access our additional functions Laos: Gross domestic product (GDP) in current prices from 1984 to 2021 Agriculture, dominated by rice cultivation in lowland areas, accounts for about 20% of GDP and 73% of total employment. April 15, 2020. (April 15, 2020). 79 Read more
Still a communist state, in recent years Laos opened its economy to private initiative and foreign direct investments.
FocusEconomics Consensus Forecast panelists project GDP to expand 1.6% in 2020, which is unchanged from last month’s forecast, and 6.3% in 2021. Unique content meets Design: 4 Nevertheless, Laos remains a country with an underdeveloped infrastructure, particularly in rural areas. This page has economic forecasts for Laos including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Laos economy.
In 2016, the UK was the tenth-largest exporter of goods in the world, exporting goods to 160 countries worldwide. The Trading Economics Application Programming Interface (API) provides direct access to our data. The Asian Development Outlook (ADO) 2019 forecasts Lao PDR’s gross domestic product (GDP) growth to remain at 6.5% in both 2019 and 2020. Industrial growth is forecast to edge up slightly to 8.1% in 2019 from 8.0% in 2018, largely because of sustained infrastructure development and an increase in … 08/11/2020 108 Region This feature is limited to our corporate solutions.
Show source country comparison to the world (CIA rank, may be based on non-current data): The coronavirus pandemic and associated containment measures likely took a considerable toll on the economy in the first half of the year, hitting the tourism, transport and services sectors.
Business Plan Export country comparison to the world (CIA rank, may be based on non-current data):
Content & Information Design According to the source, due to the high level of uncertainty in current global economic conditions, the IMF projections for these indicators are provided only through 2021.
Chart. Research & Analysis Issues Transportation Ranks P h o t o s. Read articles about travel to Laos. country comparison to the world (CIA rank, may be based on non-current data): OPEC oil price annually 1960-2020
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laos gdp 2020