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Lao PDR Key Economic Indicators

  2016 2017 2018 2019 2020e 2021f
1. GDP
GDP % change 7,2 7,4 6,5 6,4 3,3 4
Per capita GDP (in U.S. dollars) 2.036 2.165 2.599 2.683 2.664 1.875
2. Inflation
Inflation (end period) 2,49 0,15 1,48 6,28 3,19 -
Inflation (annual average) 1,76 0,83 2.04 3,32 5,07 3,5
3. Money and credit (percentage change)
Total deposits in the banking system 12,72 11,54 7,16 15,42 17,09 -
Total credit in the banking system 23,72 12,04 2,77 7,75 4,77 -
Credit as a percentage of GDP 54,4 55,56 45,13 45,33 45,16 -
Deposits as a percentage of GDP 55,6 56,47 47,83 51,8 59,21 -
4. Balance of Payments (in millions of U.S Dollars)
Exports 3.352,13 -1.206,79 -1.168,88 4.268,15 6.143,14 -
Imports -4.660,4 -1.315,88 -1.254,06 4.416,89 5.373,87 -
Trade balance -1.308,27 -1.175,87 -659,86 -148,74 769,27 -
Current account balance (in Percent of GDP) -1.152,84 4.110,46 3.856,59 652,09 372,06 -
Current account (Excluding Official Transfer) -1.251,43 5.286,32 -4.516,45 507,54 -120,17 -
Exchange rate (Kip per Dollar end period) 8.195,56 8.299,84 8.539,86 8.875,93 9.659,49 -

Note:

  • Source: Bank of the Lao PDR, International Monetary Fund, World Bank, Asian Development Bank.
  • Note: e: estimate, f: forecast

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