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Lao PDR Key Economic Indicators

  2012 2013 2014 2015 2016e 2017f
1. GDP
GDP % change 7,93 7,9 7,3 6,7 7,2 6,9
Per capita GDP (in U.S. dollars) 1.468 1.507 1.557 1.821 2.036 2.008
2. Inflation
Inflation (end period) 4,73 6,36 2,4 0,9 2,49 2,5
Inflation (annual average) 4,26 6,5 4,13 1,28 1,76 2,3
3. Government budget (as a percentage of GDP)
Revenue (in U.S dollars) 24,05 26,46 24,74 22,5 18,5 19,4
Expenditure 25,51 21,1 27,93 27,2 24,4 24,6
4. Money and credit (percentage change)
M2 31,05 17,02 25,22 14,67 11 -
Total deposits in the banking system 32,6 20,51 30 17,6 12,72 -
Total credit in the banking system 33,8 38,56 13,74 19,9 23,72 -
Credit as a percentage of GDP 35,15 42,82 42,96 48,1 54,4 -
Deposits as a percentage of GDP 40,81 46,17 49 53,9 55,6 -
5. Balance of Payments (in millions of U.S Dollars)
Exports 3.323 3.451 4.119 4.498 3.352,13 5.124
Imports 6.355 6.940 7.604 7.756 -4.660,4 8.708
Trade balance -198 -2.946 -3.485 -3.258 -1,308,27 -3.584
Current account balance (in Percent of GDP) -28,4 -29,5 -25 -20,3 -1.152,84 -19
Current account (Excluding Official Transfer) -30 -31 -28,9 -21,3 -1.251,43 --21,7
Exchange rate (Kip per Dollar end period) 7.984,6 7.981,1 8.073 8.109 8.195,56 -

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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