Markets Actual Q1 Q2 Q3 Q4 2020
Currency 8551.00 8541 8541 8541 8541 8541
Stock Market (points) 811.91 823 811 798 786 762
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.90 7 7 7 7 7.1
Unemployment Rate (%) 0.70 0.7 0.7 0.7 0.7 0.8
Inflation Rate (%) 2.14 2.1 2.3 2.5 2.9 2.6
Interest Rate (%) 4.25 4.25 4.25 4.25 4.25 4.25
Balance of Trade (USD Million) -416.14 -409 -413 -424 -437 -362
Current Account (USD Million) -452.68 -506 -331 -516 -526 -549
Current Account to GDP (%) -6.99 -7.6 -7.6 -7.6 -7.6 -6.4
Government Debt to GDP (%) 50.03 56.7 56.7 56.7 56.7 57
Government Budget (% of GDP) -5.60 -5.1 -5.1 -5.1 -5.1 -4.8
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 24.00 24 24 24 24 24
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.90 7 7 7 7 7.1
GDP (USD Billion) 16.85 20.2 20.2 20.2 20.2 20.5
GDP per capita (USD) 1730.40 1936 1936 1936 1936 2059
GDP per capita PPP (USD) 6397.40 6948 6948 6948 6948 7244
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 0.70 0.7 0.7 0.7 0.7 0.8
Population (Million) 6.86 7.07 7.07 7.07 7.07 7.15
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 2.14 2.1 2.3 2.5 2.9 2.6
Food Inflation (%) 1.83 0.8 0.9 1.1 1.4 1.5
Consumer Price Index Cpi (Index Points) 105.06 106 107 108 108 111
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.25 4.25 4.25 4.25 4.25 4.25
Foreign Exchange Reserves (USD Million) 1016.00 948 917 968 956 941
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -416.14 -409 -413 -424 -437 -362
Current Account (USD Million) -452.68 -506 -331 -516 -526 -549
Current Account to GDP (%) -6.99 -7.6 -7.6 -7.6 -7.6 -6.4
Imports (USD Million) 1570.22 1525 1552 1574 1596 1610
Exports (USD Million) 1154.09 1116 1139 1150 1160 1248
Gold Reserves (Tonnes) 0.90 0.9 0.9 0.9 0.9 0.9
Foreign Direct Investment (USD Million) 543.59 401 519 538 546 560
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 50.03 56.7 56.7 56.7 56.7 57
Government Budget (% of GDP) -5.60 -5.1 -5.1 -5.1 -5.1 -4.8
Military Expenditure (USD Million) 23.48 27 27 27 27 28
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 24.00 24 24 24 24 24
Personal Income Tax Rate (%) 24.00 24 24 24 24 24
Sales Tax Rate (%) 10.00 10 10 10 10 10
Social Security Rate (%) 11.50 11.5 11.5 11.5 11.5 11.5
Social Security Rate For Companies (%) 6.00 6 6 6 6 6
Social Security Rate For Employees (%) 5.50 5.5 5.5 5.5 5.5 5.5


This page has economic forecasts for Laos including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Laos economy.