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This document, updated in June 2018, provides insight into socio-economic indicators concerning Laos, in comparison with other ASEAN countries and more broadly within the global economy. It is, therefore, an exhaustive overview of the economic potential but also obstacles of Laos, which provide a complete understanding for potential investors. Socio-economic data concerning Laos are put in perspective with other countries within the ASEAN and on the international level, giving a clear insight of Laos’ socio-economic status. Though slowly developing, Laos is ranked amongst one of the fastest growing economies in the world in 2018, containing crucial economic advantages for investors such as cheap labour, young population, low levels of competition, affordable infrastructures (electricity notably) and technology, as well as low taxes.

 

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