General profile: Lao People's Dem. Rep.

GENERAL INFORMATION FOR 2017
Population
Population
Exchange rates
Exchange rate
GDP
GDP
6.858 Millions
8 351.526 LAK/US$
16 745 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
(m) 230 800 km²
0.83 %
6.70 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+17.8 %
Merchandise exports growth rate in 2017
Total merchandise trade
(millions of US$)
2005
2010
2015
2017
Merchandise exports
553
1 746
2 769
(e) 3 950
Merchandise imports
882
2 060
5 233
(e) 5 100
Merchandise trade balance
-329
-314
-2 464
(e) -1 150
Export structure by product group in 2017
(as % of total exports)
6 %6 %21 %21 %17 %17 %27 %27 %18 %18 %10 %10 %
Top 5 partners in 2017
(exports, millions of US$)
1 5201 0943931511001 5201 094393151100
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2017
Services exports
204
511
844
-
Services imports
39
263
642
-
Services trade balance
165
248
202
-
Services exports by main category ²
(as % of total services)
2005
2010
2015
2017
Transport
17.9
10.9
8.0
-
Travel
68.1
74.7
85.8
-
Other services
14.0
14.4
6.2
-
TRADE INDICES
More data on UNCTADstat
654654518518441441372372367367351351325325210210196196190190196196132132989810010096961001001001009898989810110110110110510511311311311396969696101101103103919195951001001021021001001001006545184413723673513252101961901961329810096100100989810110110511311396961011039195100102100100
ECONOMIC TRENDS
More data on UNCTADstat
+6.7 %
Gross domestic product growth rate in 2017
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
GDP, current
2 946
7 313
14 390
16 745
GDP per capita, current US$
512
1 171
2 159
2 442
Real GDP growth, y-on-y, %
6.77
8.13
7.27
6.70
Current account balance, % of GDP
-6.40
0.43
-18.09
..
Exchange rate (/US$)
10 655.167
8 258.770
8 147.908
8 351.526
GDP by expenditure in 2016
(as % of total GDP)
71.412.026.429.339.171.412.026.429.339.1
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.2 %
FDI outflows as % of GDP in 2017
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2017
FDI inflows
27.70
278.80
1 118.68
813.03
FDI outflows
-0.09
33.45
53.29
29.88
Personal remittances, % of GDP
0.03
0.62
0.74
..
Financial flows trends
(millions of US$)
95.595.593.093.040.140.159.659.658.558.5110.3110.341.841.837.637.617.817.86.26.24.24.20.80.80.80.80.80.80.70.70.70.70.70.78138139979971 1191 119721721427427294294301301279279190190228228324324187187282817171919552424343495.593.040.159.658.5110.341.837.617.86.24.20.80.80.80.70.70.78139971 11972142729430127919022832418728171952434FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2017
Balance, % of GDP
-5.55
0.17
-15.54
-
Balance, % of imports
-17.77
0.58
-39.25
-
Normalized balance
-0.097
0.003
-0.244
-
Trade openness ²
(sum of imports and exports as % of GDP)
596460546056584851516157
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2017
(as % of total labour force, all sectors)
Male
51%Male 51%Female
49%Female 49%
OTHER INDICATORS
More data on UNCTADstat
0 %
Share of the total world merchant fleet in 2017
Maritime transport indicators
 
2005
2010
2015
2017
Merchant fleet, national flag (thousands of DWT)
..
2
2
2
Liner shipping connectivity index (maximum 2004 = 100 for China)
..
..
..
..
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2017
Share of ICT goods, % of total exports
..
0.08
9.64
..
Share of ICT goods, % of total imports
..
4.55
10.62
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
m
Estimated. Data refers to 2013.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 14 August 2018