The Congo vs Laos: Economic Indicators Comparison

Laos with a GDP of $18B ranked the 118th largest economy in the world, while the Congo ranked 141st with $11.3B. By GDP 5-years average growth and GDP per capita, Laos and the Congo ranked 11th vs 157th and 140th vs 143rd, respectively.

Gross Domestic Product & Income

Stat	Congo	Laos
GDP	$11.3B	$18B
GDP growth, 1 year	0.8%	6.5%
GDP growth, 5-years average	0.9%	7%
Population	5.3M	6.9M
GDP per capita	$2.1k	$2.5k
GDP per capita growth	-1.55%	4.62%
Purchasing Power Parity conversion factor	210.64	2901.2
Price level ratio of PPP conversion factor GDP to market exchange rate	0.38	0.34
GDP per capita, PPP adjusted	$6.8k	$7.9k
GNI, Atlas method	$8.6B	$17.3B
GNI per capita	$1.6k	$2.5k
GNI, PPP adjusted	$26.5B	$50.1B
GNI per capita, PPP adjusted	$5.1k	$7.1k

Financial system and Human development

Stat	Congo	Laos
Income Tax Rate	45%	24%
Corporate Tax Rate	34%	24%
Inflation, consumer prices	1.2%	2%
Inflation, GDP deflator	22.2%	1.9%
Unemployment	10.4%	0.6%
Economic Freedom Index	41.8	55.5
Personal Freedom Index	6.41	5.8
Human Freedom Index	5.55	6.2
Property Rights Index	40.7	42.5
Judical Effectiveness Index	30	37.3
Business Freedom Index	37.5	54.3
Fiscal Health Index	0.6	53.3
Labor Freedom Index	35.3	58.6
Investment Freedom Index	45	35
Financial Freedom Index	30	20
Trade Freedom Index	56.8	82
Monetary Freedom Index	83.2	76.8
Government Spending Index	56.2	86.6
Tax Burden Index	63.3	87
Government Integrity Index	23.1	32
Corruption Perceptions Index	19	29
Life expectancy at birth, years	64	67.3
Suicide mortality rate, per 100,000 people	5.9	8.6
Mortality caused by road traffic injury, per 100,000 people	27.4	16.6
Intentional homicides, per 100,000 people	9.3	7
International tourism, number of arrivals	156k	3.8M

Government debt & reserves

Stat	Congo	Laos
Central government debt, % of GDP	98.5%	63%
External debt stocks, % of GNI	51.1%	90.2%
External debt stocks	$5.1B	$15.6B
Short-term debt, % of total reserves	71.9%	41.2%
Total debt service, % of exports and primary income	3.2%	14.6%
Adjusted net savings including particulate emission damage, % of GNI	-40.4%	-1.2%
Gross savings, % of GDP	-4.4%	17.6%
Gross capital formation, % of GDP	18.2%	29%
Total reserves including gold	$423.6M	$980.4M
Foreign direct investment net inflows	$4.3B	$1.3B

Exports, imports and economic structure

Stat	Congo	Laos
Exports of goods and services, % of GDP	98.9%	33.2%
Imports of goods and services, % of GDP	56%	41.9%
Current account balance (balance of payments)	-$3.6B	-$1.4B
Revenue excluding grants, % of GDP	23.3%	N/A
Grants excluding technical cooperation, BoP	$81.4M	$337.3M
Personal remittances received	$7.7M	$238.7M
Industry including construction value added, % of GDP	52.9%	31.5%
Agriculture, forestry and fishing value added, % of GDP	7.1%	15.7%
Charges for the use of intellectual property, payments BoP	$3.8M	N/A
Charges for the use of intellectual property, receipts BoP	$1.6M	N/A
Expense, % of GDP	20.1%	N/A
Government Expenditure, % of GDP	38.2%	21.1%