Indicators of economy in Laos

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 11.181 US Dollar per capita. The GDP in Laos reached 2.535 US Dollar per capita. The gross national product has been at 2.570 US Dollar per capita. Laos is one of the smaller economies and is currently ranked 117.

Inflation in Laos was in 2019 at around 3.32%. For the the EU, the average of the same was year at 1.63%.

The Corruption Perceptions Index for the public sector counts 29 and is compared to other countries very bad.


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Unemployment rates in percent 1991 - 2020

Unemployment rates Laos

Economic performance 2019

 Laos
Total
Laos
per capita
EU
Total
EU
per capita
GDP18.17 bn USD2,534.90 USD15,626.45 tn USD30,381.17 USD
Gross national product18.44 bn USD2,571.85 USD16,026.52 tn USD31,158.99 USD


Development of the Gross domestic product in billion US Dollar 1984 - 2019


GDP Laos
Development of inflation
Corruption in Laos
Cost of living in a global comparison

Im- and Exports 2018

 Laos
Total
Laos
per capita
EU
Total
EU
per capita
Exports6.22 bn USD867.03 USD8,590.51 bn USD16,701.80 USD
Imports7.32 bn USD1,020.75 USD8,032.20 bn USD15,616.32 USD


Development of imports and exports in million US dollars 1984 - 2018


Exports
Imports