Online Forum
Laos Laos
Laos

Laos

Laos ( (listen), ; Lao: ລາວ, Lāo [láːw]), officially the Lao People's Democratic Republic (Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ, romanized: Sathalanalat Paxathipatai Paxaxôn Lao; French: République démocratique populaire lao), is a socialist state and the only landlocked country in Southeast Asia. At the heart of the Indochinese Peninsula, Laos is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast and Thailand to the west and southwest.Present Laos traces its historic and cultural identity to Lan Xang, which existed from the 14th century to the 18th century as one of the largest kingdoms in Southeast Asia. Due to its central geographical location in Southeast Asia, the kingdom became a hub for overland trade, and became wealthy economically and culturally. After a period of internal conflict, Lan Xang broke into three separate kingdoms—Luang Phrabang, Vientiane, and Champasak. In 1893, the three territories came under a French protectorate and were united to form what is now known as Laos. It briefly gained independence in 1945 after Japanese occupation, but was recolonised by France until it won autonomy in 1949. Laos became independent in 1953, with a constit... [More]
  • Last : 18,984.1
  • High : 19,165.1
  • Low : 18,517.6
  • Max Fluctuation : 74.9
  • Max Fluctuation % : 0.25%
  • Open : 18,924.9
  • Time : 17:31:12
  • Yesterday : 18,926.4
  • Change % : 0.3%
  • Change : 57.7
  • Last : 1,837.32 (LAK)
  • High : 1,839.27
  • Low : 1,835.69
  • Max Fluctuation : 1.54
  • Max Fluctuation % : 0%
  • Open : 1,837.12
  • Time : 01:30:14
  • Yesterday : 1,836.85
  • Change % : 0.03%
  • Change : 0.47
  • Last : 46.09 (LAK)
  • High : 46.14
  • Low : 46
  • Max Fluctuation : 0.04
  • Max Fluctuation % : 0.02%
  • Open : 46
  • Time : 01:29:53
  • Yesterday : 45.99
  • Change % : 0.22%
  • Change : 0.1
  • Last : 0.8252 (LAK)
  • High : 0.8258
  • Low : 0.8243
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8243
  • Time : 01:43:06
  • Yesterday : 0.8239
  • Change % : 0.16%
  • Change : 0.0013

Laos Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
EUR/LAK Ask 11274.4 - 11173.8 11280.9 100.60 0.90% 2020/12/05 Time 17:01
USD/LAK Ask 9300 - 9284 9309.86 0.00 0.00% 2020/12/04 Time 22:08
LAK/GBP Ask 9.0E-5 - 9.0E-5 9.0E-5 0.00 0.00% 2018/05/12 Time 0:00
LAK/USD Ask 0.00012 - 0.00012 0.00012 0.00 0.00% 2018/05/12 Time 0:00

Economic Indicators + Forecasts

  • Actual

  • Forecast

Indicator Last Time Previous Range Frequency Metric

Balance of Trade

20.37 19 Sep -164 -735 : 41.5 Quarterly Sep/19

Competitiveness Index

0 19 Dec 49.27 3.9 : 50.1 Yearly

Competitiveness Rank

0 19 Dec 112 81 : 113 Yearly

Consumer Price Index Cpi

114.70 20 Oct 115 86.48 : 115 Monthly

Corporate Tax Rate

24.00 20 Dec 24 24 : 35 Yearly

Corruption Index

0 19 Dec 29 19 : 33 Yearly

Corruption Rank

0 19 Dec 132 77 : 168 Yearly

Credit Rating

0 20 Nov : Monthly 20

Currency

9261.00 20 Nov 9260 7573 : 9270 Daily

Current Account

-349.83 19 Dec -118 -668 : 169 Quarterly

Current Account to GDP

-7.20 19 Dec -7.9 -26.9 : 1.96 Yearly Dec/19

Ease of Doing Business

0 19 Dec 154 136 : 167 Yearly

Exports

1467.31 19 Sep 1414 11.5 : 1467 Quarterly

External Debt

0 18 Dec 8561 770 : 9762 Yearly

Fiscal Expenditure

0 18 Dec 30426 364 : 31003 Yearly

Food Inflation

7.70 20 Sep 9.9 -2.11 : 12.4 Monthly

Foreign Direct Investment

170.70 19 Dec 103 8 : 913 Quarterly

Foreign Exchange Reserves

997.25 19 Dec 815 212 : 1180 Quarterly

GDP

18.17 19 Dec 17.95 0.6 : 18.17 Yearly

GDP Annual Growth Rate

4.70 19 Dec 6.5 4 : 9.9 Yearly

GDP Constant Prices

0 19 Dec 123903 81610 : 129726 Yearly

GDP From Agriculture

0 18 Dec 17750 15137 : 18195 Yearly

GDP From Construction

0 18 Dec 8046 4264 : 9808 Yearly

GDP From Manufacturing

0 18 Dec 9368 7331 : 9817 Yearly

GDP From Mining

0 18 Dec 10579 9379 : 11052 Yearly

GDP From Public Administration

0 18 Dec 7331 6063 : 7630 Yearly

GDP From Services

0 18 Dec 45926 32768 : 49385 Yearly

GDP From Transport

0 18 Dec 1715 1148 : 1818 Yearly

GDP From Utilities

0 18 Dec 12930 5497 : 13890 Yearly

GDP Per Capita Ppp

7826.40 19 Dec 7593 1965 : 7826 Yearly

GDP per capita

1840.50 19 Dec 1786 402 : 1840 Yearly

Gold Reserves

0.90 20 Jun 0.9 0.3 : 8.9 Quarterly

Government Budget

-4.60 18 Dec -5.6 -8.9 : -2.8 Yearly

Government Budget Value

0 18 Dec -7811 -9207 : -89.4 Yearly

Government Debt to GDP

53.34 18 Dec 50.03 33.61 : 81.7 Yearly Dec/18

Government Revenues

0 18 Dec 22616 275 : 23944 Yearly

IP Addresses

0 17 Mar 14064 3410 : 16792 Quarterly

Imports

1446.94 19 Sep 1578 124 : 1653 Quarterly

Inflation Rate

3.63 20 Oct 4.63 -2.26 : 167 Monthly Oct/20

Inflation Rate Mom

0 20 Oct 0.16 -1.86 : 3.55 Monthly

Interest Rate

3.00 20 Sep 3 3 : 35 Daily Sep/20

Internet Speed

0 17 Mar 3666 256 : 4031 Quarterly

Military Expenditure

0 13 Dec 22.7 19.7 : 251 Yearly

Money Supply M0

0 18 Dec 8823 48.5 : 9200 Yearly

Money Supply M2

0 18 Dec 74678 245 : 80950 Yearly

Personal Income Tax Rate

24.00 19 Dec 24 24 : 28 Yearly

Population

6.70 19 Dec 7 2.12 : 7 Yearly Dec/19

Sales Tax Rate

10.00 20 Dec 10 10 : 10 Yearly

Social Security Rate

11.50 19 Dec 11.5 9.5 : 11.5 Yearly

Social Security Rate For Companies

6.00 19 Dec 6 4.5 : 6 Yearly

Social Security Rate For Employees

5.50 19 Dec 5.5 4.5 : 5.5 Yearly

Stock Market

572.61 20 Nov 573 537 : 5600 Daily

Terrorism Index

0 18 Dec 1.68 0 : 2.11 Yearly

Tourism Revenues

0 18 Dec 648 6.3 : 786 Yearly

Tourist Arrivals

0 18 Dec 3868838 102946 : 4684429 Yearly

Unemployment Rate

0.60 19 Dec 0.6 0.6 : 2.6 Yearly Dec/19
Indicator Actual Q2/19 Q3/19 Q4/19 Q1/20 2020 Metric
Balance of Trade 20.37 -362 -362 -362 -362 -362 Sep/19
Consumer Price Index Cpi 114.70 116 116 117 110 113
Corporate Tax Rate 24.00 24 24 24 24 24
Currency 9261.00 9304 9325 9346 9282 9389
Current Account -349.83 -549 -549 -549 -549 -549
Current Account to GDP -7.20 -10.8 -10.8 -10.8 -11.9 -10.8 Dec/19
Exports 1467.31 1248 1248 1248 1248 1248
Food Inflation 7.70 1.5 1.5 1.5 2.5 2.5
Foreign Direct Investment 170.70 250 250 250 100 250
Foreign Exchange Reserves 997.25 941 941 941 941 941
GDP 18.17 19.9 19.9 19.9 17.5 19.9
GDP Annual Growth Rate 4.70 5.5 5.5 5.5 0.5 5.5
GDP Per Capita Ppp 7826.40 7490 7490 7490 7240 7490
GDP per capita 1840.50 1875 1875 1875 1800 1875
Gold Reserves 0.90 0.9 0.9 0.9 0.9 0.9
Government Budget -4.60 -7.5 -7.5 -7.5 -6.2 -7.5
Government Debt to GDP 53.34 57.7 57.7 57.7 57 57.7 Dec/18
Imports 1446.94 1610 1610 1610 1610 1610
Inflation Rate 3.63 4 3.8 3.1 4.8 3.5 Oct/20
Interest Rate 3.00 3 3 3 3 4 Sep/20
Personal Income Tax Rate 24.00 24 24 24 24 24
Population 6.70 7.3 7.3 7.3 7.2 7.3 Dec/19
Sales Tax Rate 10.00 10 10 10 10 10
Social Security Rate 11.50 11.5 11.5 11.5 11.5 11.5
Social Security Rate For Companies 6.00 6 6 6 6 6
Social Security Rate For Employees 5.50 5.5 5.5 5.5 5.5 5.5
Stock Market 572.61 542 524 507 560 473
Unemployment Rate 0.60 1 1 1 0.8 1 Dec/19