GDP in Laos

Laos GDP | Economic News & Forecasts

Laos - GDP

The economy likely continues to expand at a rapid pace so far this year. Higher prices for copper, one of the country’s key exports, are seen supporting the external sector, while the recent 20% minimum wage hike should be supporting private consumption. In addition, the expansion of the Nam Ngum hydroelectric project was completed in late May. This is one of a score of hydroelectric projects which will come onstream over the next few years, generating additional fiscal and export revenues and supporting the government’s aim of becoming a regional energy hub.

Laos - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)8.0  7.6  7.3  7.0  -     

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Laos GDP Chart

Laos GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: World Bank.

Laos Facts

Exchange Rate8,3890.31 %Jun 19

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