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Lao PDR Key Economic Indicators

  2015 2016 2017 2018 2019e 2020f
1. GDP
GDP % change 6,7 7,2 7,4 6,5 6,4 6,4
Per capita GDP (in U.S. dollars) 1.821 2.036 2.165 2.599 2.683 -
2. Inflation
Inflation (end period) 0,9 2,49 0,15 1,48 6,28 2,3
Inflation (annual average) 1,28 1,76 0,83 2.04 3,32 -
3. Money and credit (percentage change)
Total deposits in the banking system 17,6 12,72 11,54 7,16 15,42 -
Total credit in the banking system 19,9 23,72 12,04 2,77 7,75 -
Credit as a percentage of GDP 48,1 54,4 55,56 45,13 45,33 -
Deposits as a percentage of GDP 53,9 55,6 56,47 47,83 51,8 -
4. Balance of Payments (in millions of U.S Dollars)
Exports 4.498 3.352,13 -1.206,79 -1.168,88 4.268,15 -
Imports 7.756 -4.660,4 -1.315,88 -1.254,06 4.416,89 -
Trade balance -3.258 -1.308,27 -1.175,87 -659,86 148,74 -
Current account balance (in Percent of GDP) -20,3 -1.152,84 4.110,46 3.856,59 652,09 -
Current account (Excluding Official Transfer) -21,3 -1.251,43 5.286,32 -4.516,45 507,54 -
Exchange rate (Kip per Dollar end period) 8.109 8.195,56 8.299,84 8.539,86 8.875,93 -

Note:

  • Source: Bank of the Lao PDR, International Monetary Fund, World Bank, Asian Development Bank.
  • Note: e: estimate, f: forecast

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