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Laos Laos
Laos

Laos

Laos ( (listen), ; Lao: ລາວ, Lāo [láːw]), officially the Lao People's Democratic Republic (Lao: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ, 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. Because of 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 constitutional m... [More]
  • Last : 48,891.5
  • High : 50,191.8
  • Low : 48,054.3
  • Max Fluctuation : 233.7
  • Max Fluctuation % : 0.32%
  • Open : 48,080.1
  • Time : 16:40:37
  • Yesterday : 48,085.2
  • Change % : 1.68%
  • Change : 806.3
  • Last : 1,734.16 (LAK)
  • High : 1,735.73
  • Low : 1,707.74
  • Max Fluctuation : 3.76
  • Max Fluctuation % : 1.05%
  • Open : 1,722.05
  • Time : 16:39:48
  • Yesterday : 1,722.05
  • Change % : 0.7%
  • Change : 12.11
  • Last : 60.91 (LAK)
  • High : 60.95
  • Low : 59.48
  • Max Fluctuation : 0.15
  • Max Fluctuation % : 1.65%
  • Open : 60.2
  • Time : 16:39:49
  • Yesterday : 60.2
  • Change % : 1.18%
  • Change : 0.71
  • Last : 0.8315 (LAK)
  • High : 0.834
  • Low : 0.8299
  • Max Fluctuation : -
  • Max Fluctuation % : -
  • Open : 0.8302
  • Time : 16:39:09
  • Yesterday : 0.8302
  • Change % : 0.16%
  • Change : 0.0013

Laos Currency Markets

Indicator Value Previous Low High Change Change % Time Chart
USD/LAK Ask 9373.39 9363 9363 9375 1.61 0.02% 2021/03/02 Time 16:22
EUR/LAK Ask 11302.5 - 11302.5 11302.5 0.00 0.00% 2021/02/28 Time 8:21
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

312.66 20 Sep -3.18 -630 : 313 Quarterly Sep/20

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

114.00 21 Jan 114 86.48 : 115 Monthly

Corporate Tax Rate

24.00 20 Dec 24 24 : 35 Yearly

Corruption Index

0 20 Dec 29 19 : 33 Yearly

Corruption Rank

0 20 Dec 130 77 : 168 Yearly

Credit Rating

0 21 Feb : Monthly 20

Currency

9301.68 21 Mar 9335 7573 : 9345 Daily

Current Account

202.52 20 Sep -143 -676 : 203 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

1558.62 20 Sep 1228 11.5 : 1559 Quarterly

External Debt

0 19 Dec 9320 770 : 9936 Yearly

Fiscal Expenditure

0 19 Dec 31002 364 : 31002 Yearly

Food Inflation

5.20 20 Nov 6.3 -2.11 : 12.4 Monthly

Foreign Direct Investment

181.12 20 Sep 171 8 : 580 Quarterly

Foreign Exchange Reserves

1351.94 20 Sep 864 212 : 1352 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 19 Dec 17975 15137 : 18194 Yearly

GDP From Construction

0 19 Dec 9864 4264 : 11936 Yearly

GDP From Manufacturing

0 19 Dec 9952 7331 : 10622 Yearly

GDP From Mining

0 19 Dec 9891 9379 : 11052 Yearly

GDP From Public Administration

0 19 Dec 7480 6063 : 7695 Yearly

GDP From Services

0 19 Dec 49044 32768 : 52409 Yearly

GDP From Transport

0 19 Dec 1798 1148 : 1944 Yearly

GDP From Utilities

0 19 Dec 14411 5497 : 14411 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

0.88 20 Sep 0.88 0.33 : 8.88 Quarterly

Government Budget

-3.20 19 Dec -4.6 -8.9 : -2.8 Yearly

Government Budget Value

0 19 Dec -7059 -7811 : -89.4 Yearly

Government Debt to GDP

52.64 19 Dec 51.41 33.61 : 81.7 Yearly Dec/19

Government Revenues

0 19 Dec 23944 275 : 25329 Yearly

IP Addresses

0 17 Mar 14064 3410 : 16792 Quarterly

Imports

1245.96 20 Sep 1232 124 : 1835 Quarterly

Inflation Rate

2.01 21 Jan 3.19 -2.26 : 167 Monthly Jan/21

Inflation Rate Mom

0 21 Jan 0.02 -1.86 : 3.55 Monthly

Interest Rate

3.00 20 Dec 3 3 : 35 Daily Dec/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 19 Dec 9200 48.5 : 10990 Yearly

Money Supply M2

0 19 Dec 80930 245 : 96186 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

581.88 21 Feb 587 537 : 5600 Daily

Terrorism Index

0 19 Dec 1.03 0 : 2.11 Yearly

Tourism Revenues

0 19 Dec 811 6.3 : 935 Yearly

Tourist Arrivals

0 19 Dec 4186432 102946 : 4791065 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 312.66 -362 -362 -362 -362 -362 Sep/20
Consumer Price Index Cpi 114.00 116 117 113 114 118
Corporate Tax Rate 24.00 24 24 24 24 24
Currency 9301.68 9382 9403 9425 9360 9468
Current Account 202.52 -549 -549 -549 -549 -549
Current Account to GDP -7.20 -10.8 -10.8 -10.8 -10.8 -10.5 Dec/19
Exports 1558.62 1248 1248 1248 1248 1248
Food Inflation 5.20 1.5 1.5 2.5 1.5 2.5
Foreign Direct Investment 181.12 250 250 250 250 250
Foreign Exchange Reserves 1351.94 941 941 941 941 941
GDP 18.17 19.9 19.9 19.9 19.9 20.4
GDP Annual Growth Rate 4.70 4.5 4.5 4.5 4.5 6.5
GDP Per Capita Ppp 7826.40 7490 7490 7490 7490 7950
GDP per capita 1840.50 1875 1875 1875 1875 1920
Gold Reserves 0.88 0.9 0.9 0.9 0.9 0.9
Government Budget -3.20 -7.5 -7.5 -7.5 -7.5 -8
Government Debt to GDP 52.64 57.7 57.7 57.7 57.7 58.2 Dec/19
Imports 1245.96 1610 1610 1610 1610 1610
Inflation Rate 2.01 3.8 3.1 3.5 3.5 3.5 Jan/21
Interest Rate 3.00 3 3 3 3 3 Dec/20
Personal Income Tax Rate 24.00 24 24 24 24 24
Population 6.70 7.3 7.3 7.3 7.3 7.4 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 581.88 550 532 515 568 480
Unemployment Rate 0.60 1 1 1 1 1.1 Dec/19