Laos World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Laos	Rank
GDP	$18B	118
GDP growth, 1 year	6.5%	20
GDP growth, 5-years average	7%	11
Population	6.9M	105
GDP per capita	$2.5k	140
GDP per capita growth	4.62%	29
Purchasing Power Parity conversion factor	2901.2	6
Price level ratio of PPP conversion factor GDP to market exchange rate	0.34	157
GDP per capita, PPP adjusted	$7.9k	127
GNI, Atlas method	$17.3B	116
GNI per capita	$2.5k	135
GNI, PPP adjusted	$50.1B	104
GNI per capita, PPP adjusted	$7.1k	125

Financial system and Human development

Stat	Laos	Rank
Income Tax Rate	24%	57
Corporate Tax Rate	24%	75
Inflation, consumer prices	2%	72
Inflation, GDP deflator	1.9%	66
Unemployment	0.6%	4
Economic Freedom Index	55.5	140
Personal Freedom Index	5.8	158
Human Freedom Index	6.2	141
Property Rights Index	42.5	140
Judical Effectiveness Index	37.3	111
Business Freedom Index	54.3	135
Fiscal Health Index	53.3	135
Labor Freedom Index	58.6	98
Investment Freedom Index	35	150
Financial Freedom Index	20	164
Trade Freedom Index	82	53
Monetary Freedom Index	76.8	90
Government Spending Index	86.6	33
Tax Burden Index	87	37
Government Integrity Index	32	121
Corruption Perceptions Index	29	152
Life expectancy at birth, years	67.3	145
Suicide mortality rate, per 100,000 people	8.6	113
Mortality caused by road traffic injury, per 100,000 people	16.6	107
Intentional homicides, per 100,000 people	7	135
International tourism, number of arrivals	3.8M	67

Government debt & reserves

Stat	Laos	Rank
Central government debt, % of GDP	63%	62
External debt stocks, % of GNI	90.2%	14
External debt stocks	$15.6B	52
Short-term debt, % of total reserves	41.2%	33
Total debt service, % of exports and primary income	14.6%	48
Adjusted net savings including particulate emission damage, % of GNI	-1.2%	127
Gross savings, % of GDP	17.6%	113
Gross capital formation, % of GDP	29%	38
Total reserves including gold	$980.4M	129
Foreign direct investment net inflows	$1.3B	74

Exports, imports and economic structure

Stat	Laos	Rank
Exports of goods and services, % of GDP	33.2%	106
Imports of goods and services, % of GDP	41.9%	97
Current account balance (balance of payments)	-$1.4B	125
Revenue excluding grants, % of GDP	N/A	-
Grants excluding technical cooperation, BoP	$337.3M	60
Personal remittances received	$238.7M	127
Industry including construction value added, % of GDP	31.5%	51
Agriculture, forestry and fishing value added, % of GDP	15.7%	48
Charges for the use of intellectual property, payments BoP	N/A	-
Charges for the use of intellectual property, receipts BoP	N/A	-
Expense, % of GDP	N/A	-
Government Expenditure, % of GDP	21.1%	146