GDP Annual Growth Rate in Laos decreased to 0.20 percent in 2020 from 5.20 percent in 2019. source: Bank of the Lao PDR
GDP Annual Growth Rate in Laos averaged 6.67 percent from 1989 until 2020, reaching an all time high of 9.90 percent in 1989 and a record low of 0.20 percent in 2020. This page provides - Laos GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos GDP Annual Growth Rate - values, historical data and charts - was last updated on December of 2021.
GDP Annual Growth Rate in Laos is expected to reach 3.50 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos GDP Annual Growth Rate is projected to trend around 4.80 percent in 2022 and 5.00 percent in 2023, according to our econometric models.