Markets Actual Q1 Q2 Q3 Q4 2020
Currency 8860.00 8890 8909 8929 8948 8987
Stock Market (points) 690.45 704 693 682 671 650
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 6.50 6.5 6.5 6.5 6.5 6.8
Unemployment Rate (%) 0.60 0.8 0.8 0.8 0.8 0.8
Inflation Rate (%) 6.24 4.5 3 3 3.5 3.5
Interest Rate (%) 4.00 3.75 3.75 3.75 3.75 3.75
Balance of Trade (USD Million) -163.95 -437 -437 -437 -362 -362
Current Account (USD Million) -118.37 -526 -526 -526 -549 -549
Current Account to GDP (%) -7.90 -11.9 -11.9 -11.9 -11.9 -10.8
Government Debt to GDP (%) 53.34 57 57 57 57 57.5
Government Budget (% of GDP) -4.60 -4 -4 -4 -4 -3.7
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 (%) 6.50 6.5 6.5 6.5 6.5 6.8
GDP (USD Billion) 18.13 20.5 20.5 20.5 20.5 21.9
GDP per capita (USD) 1789.10 1952 1952 1952 1952 2034
GDP per capita PPP (USD) 6614.50 7244 7244 7244 7244 7244
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 0.60 0.8 0.8 0.8 0.8 0.8
Population (Million) 7.00 7.2 7.2 7.2 7.2 7.3
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 6.24 4.5 3 3 3.5 3.5
Food Inflation (%) 8.80 4.5 3 2.5 2.5 2.5
Consumer Price Index Cpi (points) 110.70 110 110 113 115 119
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 4.00 3.75 3.75 3.75 3.75 3.75
Foreign Exchange Reserves (USD Million) 869.27 956 956 956 941 941
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -163.95 -437 -437 -437 -362 -362
Current Account (USD Million) -118.37 -526 -526 -526 -549 -549
Current Account to GDP (%) -7.90 -11.9 -11.9 -11.9 -11.9 -10.8
Imports (USD Million) 1577.81 1596 1596 1596 1610 1610
Exports (USD Million) 1413.86 1160 1160 1160 1248 1248
Gold Reserves (Tonnes) 0.90 0.9 0.9 0.9 0.9 0.9
Foreign Direct Investment (USD Million) 113.92 546 546 546 560 560
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 53.34 57 57 57 57 57.5
Government Budget (% of GDP) -4.60 -4 -4 -4 -4 -3.7
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.