Cost of food in Laos increased 11.30 percent in January of 2020 over the same month in the previous year. Food Inflation in Laos averaged 3.95 percent from 2013 until 2020, reaching an all time high of 12.40 percent in December of 2013 and a record low of -2.11 percent in December of 2017. This page provides - Laos Food Inflation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Laos recorded a trade surplus of 20.37 USD Million in the third quarter of 2019. Balance of Trade in Laos averaged -173.54 USD Million from 2004 until 2019, reaching an all time high of 41.50 USD Million in the first quarter of 2012 and a record low of -734.71 USD Million in the first quarter of 2015. As a landlocked communist state, Laos has a relatively closed economy and engages in trade with only a few neighbouring countries. Laos consistently runs trade deficits due to its underdeveloped infrastructure and undiversified export base. Laos' main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement. This page provides the latest reported value for - Laos Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in Laos increased to 1467.31 USD Million in the third quarter of 2019 from 1413.86 USD Million in the second quarter of 2019. Exports in Laos averaged 567.77 USD Million from 2004 until 2019, reaching an all time high of 1467.31 USD Million in the third quarter of 2019 and a record low of 11.50 USD Million in the first quarter of 2005. Agricultural products and natural resources account for the bulk of Laos’ exports. Laos' main exports are wood, clothing, coffee, electricity, metals, corn and rubber. Laos’ main exports partners are Thailand, China and Vietnam. . This page provides the latest reported value for - Laos Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Imports in Laos decreased to 1446.94 USD Million in the third quarter of 2019 from 1577.81 USD Million in the second quarter of 2019. Imports in Laos averaged 741.30 USD Million from 2004 until 2019, reaching an all time high of 1652.80 USD Million in the third quarter of 2018 and a record low of 124.40 USD Million in the third quarter of 2004. Laos mainly imports oil, machinery and equipment, vehicles, iron and steel, telecommunication equipment, beverages and cement. Laos’ main imports partner is Thailand (66 percent). Other imports partners include China and Vietnam. This page provides the latest reported value for - Laos Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Laos increased to 997.25 USD Million in the fourth quarter of 2019 from 814.67 USD Million in the third quarter of 2019. Foreign Exchange Reserves in Laos averaged 661.13 USD Million from 2004 until 2019, reaching an all time high of 1179.78 USD Million in the second quarter of 2015 and a record low of 211.50 USD Million in the first quarter of 2004. This page provides - Laos Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Laos was estimated at 6.7 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Laos had a population of 2.1 million people. The population of Laos represents 0.09 percent of the world´s total population which arguably means that one person in every 1109 people on the planet is a resident of Laos. This page provides - Laos Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Laos was recorded at 6.24 percent in February of 2020. Inflation Rate in Laos averaged 17.75 percent from 1989 until 2020, reaching an all time high of 167 percent in March of 1999 and a record low of -2.26 percent in August of 2009. In Laos, the most important categories in the consumer price index are food and non-alcoholic beverages (36.5 percent of the total weight) and transport (24.2 percent). The index also includes: household appliances (5.6 percent); housing, water, electricity, gas and other fuels (5.3 percent); restaurants and hotels (4.9 percent) alcoholic beverages and tobacco (4.6 percent); education (3.6 percent); communication (3.6 percent); clothing and footwear (3.2 percent); recreation and culture (3.1 percent) and health (2.9 percent). . This page provides the latest reported value for - Laos Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Laos was last recorded at 4 percent. Interest Rate in Laos averaged 7.14 percent from 1992 until 2020, reaching an all time high of 35 percent in December of 1994 and a record low of 4 percent in September of 2009. In Laos, interest rates decisions are taken by the Bank of the Lao People’s Democratic Republic. The official interest rate is the short-term lending interest rate. This page provides the latest reported value for - Laos Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Moody's credit rating for Laos was last set at B3 with positive outlook. Fitch's credit rating for Laos was last reported at B- with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Laos thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Laos as reported by major credit rating agencies.

Consumer Price Index Cpi in Laos increased to 111.70 points in March from 111.47 points in February of 2020. Consumer Price Index Cpi in Laos averaged 99.96 points from 2012 until 2020, reaching an all time high of 111.70 points in January of 2020 and a record low of 86.48 points in January of 2012. This page provides - Laos Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourism Revenues in Laos increased to 785.90 USD Million in 2018 from 648.10 USD Million in 2017. Tourism Revenues in Laos averaged 283.86 USD Million from 1993 until 2018, reaching an all time high of 785.90 USD Million in 2018 and a record low of 6.30 USD Million in 1993. This page provides - Laos Tourism Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Laos stands at 24 percent. Personal Income Tax Rate in Laos averaged 24.91 percent from 2009 until 2019, reaching an all time high of 28 percent in 2011 and a record low of 24 percent in 2013. In Laos, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Laos. This page provides - Laos Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Laos increased to 7630 LAK Billion in 2018 from 7331 LAK Billion in 2017. GDP From Public Administration in Laos averaged 6886.86 LAK Billion from 2012 until 2018, reaching an all time high of 7630 LAK Billion in 2018 and a record low of 6063 LAK Billion in 2012. This page provides - Laos Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Laos is ranked 154 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Laos remained unchanged at 154 in 2019 from 154 in 2018. Ease of Doing Business in Laos averaged 153.75 from 2008 until 2019, reaching an all time high of 167 in 2009 and a record low of 136 in 2015. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Laos.

Terrorism Index in Laos decreased to 1.03 in 2018 from 1.68 in 2017. Terrorism Index in Laos averaged 0.61 from 2002 until 2018, reaching an all time high of 2.11 in 2002 and a record low of 0 in 2008. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Tourist Arrivals in Laos increased to 4457675 in 2018 from 3868838 in 2017. Tourist Arrivals in Laos averaged 1834179.58 from 1993 until 2018, reaching an all time high of 4684429 in 2015 and a record low of 102946 in 1993. This page provides - Laos Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The LSX Composite decreased 89 points or 12.41% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Laos. Historically, the Laos Securities Exchange Composite Index reached an all time high of 1569.95 in March of 2015. Laos Stock Market LSX Composite Index is a capitalization-weighted index of the companies listed on the Laos Securities Exchange. The index was created with a base value of 1000 as of January 11, 2011.

The Gross Domestic Product (GDP) in Laos was worth 20.20 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Laos represents 0.02 percent of the world economy. GDP in Laos averaged 5.29 USD Billion from 1984 until 2019, reaching an all time high of 20.20 USD Billion in 2019 and a record low of 0.60 USD Billion in 1988. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Laos GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Laos is the 113 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Laos averaged 98.67 from 2014 until 2019, reaching an all time high of 113 in 2019 and a record low of 81 in 2014. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Laos Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Sales Tax Rate in Laos stands at 10 percent. In Laos, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Laos. This page provides - Laos Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Laos increased by 103.32 USD Million in the third quarter of 2019. Foreign Direct Investment in Laos averaged 224.84 USD Million from 1991 until 2019, reaching an all time high of 913.24 USD Million in the fourth quarter of 2014 and a record low of 8 USD Million in the fourth quarter of 1991. This page provides - Laos Foreign Direct Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Trainer Willie Mullins opted to add the eight-year-old to the field after Cilaos Emery landed with an easy victory in the Red Mills Trial Hurdle at Gowran last month.

Embassy of India, Vientiane
002, Ban Wat-nak,
Thadeua Road [km3],
Sisattanak District, PO Box No.225,
Vientiane, Lao PDR.

Telephone: 00-856-21-352298
Fax: 00-856-21-352300
E-Mail: amb.vientianne@mea.gov.in
Website: www.indemblao.nic.in

Ambassador
C. Gururaj Rao
Second Secretary & HOC
Naresh Kumar

Online Resource

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Cham : Springer International Publishing : Imprint: Springer, 2014

Online Resource

Dewey Library - TK1513.L28 D43 2018