Laos | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 8153.00 8232 8313 8395 8476 9780 [+]
Stock Market 1028.48 973 963 953 943 786 points [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Annual Growth Rate 7.00 7.3 7.4 7.4 7.4 6.9 percent [+]
GDP 12.33 13.05 13.21 13.37 13.54 15.37 USD Billion [+]
GDP per capita 1537.53 1626 1649 1673 1696 2001 USD [+]
GDP per capita PPP 5341.31 5633 5706 5779 5852 6871 USD [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 1.40 1.4 1.5 1.5 1.5 1.7 percent [+]
Population 6.80 6.91 6.94 6.97 7 7.37 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 1.84 1.9 2 2.3 2.5 4.2 percent [+]
Consumer Price Index Cpi 126.21 128 129 130 131 133 Index Points [+]
Food Inflation 4.88 5.51 5.79 5.99 6.13 6.46 percent [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 4.50 4.5 4.5 4 4 5 percent [+]
Deposit Interest Rate 3.00 2.9 3.04 3.18 3.32 3.66 percent [+]
Foreign Exchange Reserves 986.85 999 995 1014 997 1003 USD Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -594.89 -588 -586 -595 -593 -598 USD Million [+]
Exports 712.93 750 761 772 783 930 USD Million [+]
Imports 1307.81 1262 1242 1263 1252 1255 USD Million [+]
Current Account -536.55 -314 -288 -265 -245 -111 USD Million [+]
Current Account to GDP -20.30 -23.78 -24.6 -25.42 -26.24 -23.54 percent [+]
Gold Reserves 8.90 8.9 8.9 8.9 8.9 8.9 Tonnes [+]
Foreign Direct Investment 913.24 765 755 746 737 1062 USD Million [+]
Terrorism Index 0.70 1.21 1.27 1.34 1.41 1.82 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 44.48 46 47 47 47 47 percent [+]
Government Budget -4.70 -6.52 -6.84 -7.16 -7.49 -5.98 percent of GDP [+]
Military Expenditure 23.10 23.98 23.81 23.64 23.64 24.36 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 139.00 141 142 142 143 147 [+]
Competitiveness Index 3.93 3.94 3.94 3.94 3.94 3.99 Points [+]
Competitiveness Rank 93.00 92.27 92.27 92.27 92.27 82.52 [+]
Corruption Index 25.00 24.98 24.98 24.97 24.97 24.96 Points [+]
Corruption Rank 139.00 137 137 137 137 140 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 24.00 24 24 24 24 24 percent [+]
Personal Income Tax Rate 24.00 24 24 24 24 24 percent [+]
Sales Tax Rate 10.00 10 10 10 10 10 percent [+]
Social Security Rate 11.50 11.5 11.5 11.5 11.5 11.5 percent [+]
Social Security Rate For Companies 6.00 6 6 6 6 6 percent [+]
Social Security Rate For Employees 5.50 5.5 5.5 5.5 5.5 5.5 percent [+]





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. 12/7/2016