According to the World Bank report released on 12th January 2021, the Lao economy is set to recover in 2021 and in the medium term, provided the impact of the COVID-19 pandemic is tackled and business can resume with trading partners, even though the economic growth contracted in 2020. The latest Lao PDR Economic Monitor […]
According to a report from the Lao Statistics Bureau, the CPI stood at 114.22 points in November, resulting in an inflation rate of 2.84 percent year-on-year, down from the 3.63 percent recorded in October. The changes in the CPI occurred as a result of the weakening value of the kip against the Thai baht and […]
This document provides an updated 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 […]
This document will give an overview of the current socio-economic data concerning Laos. It looks into various areas such as GDP indicators, competitiveness and doing business, enterprises, technology in enterprises, infrastructure, vehicles in Lao PDR, tourism, remittances, exchange rates, budgets, financing, as well as other updates. To access the document, please click here:
The transport sector in Lao PDR can be described as thin, consisting of a dozen large players (defined as having a fleet size of more than 50 trucks) and many small firms (companies with less than 5 trucks or owner-operators). Many of the micro firms work in the informal sector. Productivity levels in the Lao […]
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 […]
This document, produced by the IMF, accounts for trade information concerning Laos and its main trading partners: Thailand, China and Vietnam. The document warns about the uncertainty of trade data collection due to difficulty of compiling disseminated information. This translates into a high estimation of underreported goods, both exported and imported. There exist significant data […]
This report from Charting Economy is designed to chart out the economic outlook of Laos on a semiannual basis. It is ideal for strategic management and corporate planning functions in companies operating or looking to get in the Lao PDR. The full text of the study you can download here