International Reserves in Laos

Laos International Reserves | Economic News & Forecasts

Laos - International Reserves

The economy likely continues to expand at a healthy pace in H2, aided by solid regional activity and healthy inward investment. This comes after growth in H1 was driven by the power generation and construction sectors. However, the mining sector performed poorly, while tourism inflows have likely disappointed so far this year, dampened by poor weather and a dam collapse in July. To reinvigorate the tourism industry, the government recently announced a 2019 promotional campaign centered on boosting Chinese visitor arrivals. Despite economic progress, vulnerabilities remain. According to the Central Bank, the current account deficit rose in the first half of the year, while in June international reserves fell to their lowest level in almost a year.

Laos - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)0.7  0.9  1.1  0.9  1.3  

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Laos International Reserves Chart

Laos International Reserves
Note: International reserves in months of imports.
Source: World Bank and Met the why particular calculations.

Laos Facts

Exchange Rate8,5540.31 %Dec 11

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