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Lao PDR Key Economic Indicators

  2011 2012 2013 2014 2015e 2016f
1. GDP
GDP % change 8.04 7.93 7.90 7.30 6.70 7.0
Per capita GDP (in U.S. dollars) 1,263 1,468 1,507 1,557 1,821 1,949
2. Inflation
Inflation (end period) 7.70 4.73 6.36 2.40 0.90 10.3
Inflation (annual average) 7.57 4.26 6.50 4.13 1.28 3.0
3. Government budget (as a percentage of GDP)
Revenue (in U.S dollars) 22.30 24.05 26.46 24.74 22.50 22.0
Expenditure 24.25 25.51 21.10 27.93 27.20 27.4
4. Money and credit (percentage change)
M2 28.71 31.05 17.02 25.22 23.7 N/A
Total deposits in the banking system 19.0 32.6 18.9 N/A N/A N/A
Total credit in the banking system 45.1 33.8 38.56 13.74 N/A N/A
Credit as a percentage of GDP 29.5 35.1 42.82 42.96 N/A N/A
Deposits as a percentage of GDP 34.5 40.8 43.0 49.0 N/A N/A
5. Balance of Payments (in millions of U.S Dollars)
Exports 3,120 3,323 3,451 4,119 4,498 4,981
Imports 4,635 6,355 6,940 7,604 7,756 7,975
Trade balance -214.6 -198 -2,946 -3,485 -3,258 -2,994
Current account balance (in Percent of GDP) -15.2 -28.4 -29.5 -25.0 -20.30 -17.0
Current account (Excluding Official Transfer) -16.8 -30.0 -31.0 -28.9 -21.3 N/A
Exchange rate (Kip per Dollar end period) 8,001.1 7,984.6 7,981.1 8,073 8,109 8,196

Source: Bank of the Lao PDR, International Monetary Fund, World Bank, Asian Development Bank.


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Unit 21, Phonesavanh Neua Village, Sisattanak District,
Vientiane Capital, Lao PDR. P.O. Box: 1555

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