Laos recorded a Current Account surplus of 70.23 USD Million in the first quarter of 2021. source: Bank of the Lao PDR

Current Account in Laos averaged -167.83 USD Million from 2004 until 2021, reaching an all time high of 299.42 USD Million in the third quarter of 2020 and a record low of -675.98 USD Million in the third quarter of 2018. This page provides the latest reported value for - Laos Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Current Account - values, historical data and charts - was last updated on August of 2021.

Current Account in Laos is expected to be -548.60 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Laos to stand at -548.60 in 12 months time. In the long-term, the Laos Current Account is projected to trend around -548.60 USD Million in 2022, according to our econometric models.

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Laos Current Account

Actual Previous Highest Lowest Dates Unit Frequency
70.23 -27.59 299.42 -675.98 2004 - 2021 USD Million Quarterly

Laos Trade Last Previous Highest Lowest Unit
Balance of Trade 292.89 216.85 395.07 -630.13 USD Million [+]
Current Account 70.23 -27.59 299.42 -675.98 USD Million [+]
Current Account to GDP -0.60 -6.99 1.96 -26.90 percent of GDP [+]
Imports 1704.22 1491.71 1834.84 124.40 USD Million [+]
Exports 1997.11 1708.56 1997.11 11.50 USD Million [+]
Terrorism Index 0.44 1.03 2.11 0.00 [+]
Tourism Revenues 213.21 934.70 934.70 6.30 USD Million [+]
Tourist Arrivals 894776.00 4791065.00 4791065.00 102946.00 [+]
Foreign Direct Investment 339.78 264.52 579.76 8.00 USD Million [+]
External Debt 10610.34 9935.62 10610.34 769.60 USD Million [+]


Laos Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).