International Reserves in Laos

Laos International Reserves | Economic News & Forecasts

Laos - International Reserves

According to government projections, the economy grew 6.7% in H1 on strong manufacturing and services sectors, likely among the fastest expansions in the region. On the downside, revenues have fallen short of budgeted estimates so far this year, constraining spending and making it difficult to reduce the elevated budget deficit. In addition, the already-high current account deficit rose further in Q1 in year-on-year terms, with FX reserves dipping. During a staff visit earlier this year, the IMF highlighted the fiscal and external situations as key weaknesses, and urged greater fiscal consolidation.

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 Rate8,4250.31 %Jul 17

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