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The Lao PDR Economic Monitor June 2018 was prepared by the World Bank Group. It provides information on recent economic developments and outlook. Some of the main findings and expectations include:

  • GDP growth slightly decelerated to 6.9% in 2017, but remained robust
  • The economy is expected to further ease to 6.7% in 2018.
  • Recent expansion of labor-intensive industries (agriculture, manufacturing and services) and robust remittances inflows are expected to continue to support poverty reduction.
  • The current account deficit narrowed in 2017 on the back of strong exports of electricity, manufacturing and agriculture products, while improved metal prices supported higher mining exports.

There is also a thematic section in the document which discusses how farmers can get more for their rice and consumers pay less.

To read the full report, please click here: Download