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ASEAN Communication :
Date Post :  12-01-2015

Lao People’s Democratic Republic 

Flag Lao
 General information
 Capital
 Vientiane  
 Area
 236,880 Square kilometer
 Population     
 6.9 people (2014 estimate)    
 Languages
 Lao
 Coin
 Kip or CR
 Curence
 1,000 Kip = 4.08 Baht (February 2014)
 Comomic Indicator
2550
2551
2552
2553
2554
2555
2556F
2557F
 GDP (US$bn) (current prices):
 4.2
 5.3  5.6  6.9 8.2   9.2 10.1   11.0
 Real GDP Growth (%):
7.8 
7.8  7.5  7.5  7.8  7.9  7.6  7.7 
 GDP per capita (US$):
703 
862  893  1,072  1,252  1,380  1,490  1,598 
 Current account balance (US$m):
-662 
-978 
-1,174  -1,251  -1,262  -2,602  -3,110  -3,205 
 Current account balance (% GDP):
-16.4 
-19.1  -21.0  -18.3  -21.4  -22.6  -24.0 
-21.0 
 Inflation (% change YOY):
4.5 
7.5 
0.0 
6.0 
7.6  4.3  6.5  6.0 
 Unemployment rate (%)
.. 
.. 
.. 
1.9 
.. 
.. 
.. 
.. 
Detail
nternation Trade
Economic growth (%)
50
51
52
53
54
55
51
52
53
54
55
 Total trade
3,431 
4,437 
4,413 
5,770  7,755  9,688   29.3 -0.5  30.7   34.4 24.9 
 Export value
1,324 
1,601  1,521  2,196  3,120  3,444  20.9  -5.0 44.4  42.1  10.4 
 Import value
2,107 
2,837  2,893  3,574  4,635 
6,244 
34.6 
2.0  23.6  29.7  34.7 
 Balance of trade
-783 
-1,236  -1,372  -1,379  -1,515  -2,800  57.9  10.9  0.5 
9.9 
84.8 
Export markets
Import markets
 Export Lao Import Lao 
Export
Import
1. Ore 1.Capital goods and raw materials such as steel machinery
2. Garment 2. Petroleum
3. Electric energy 3. Materials used in sewing
4. Wood and product woods
4. Refined oil
5. Gold
5. Parts, raw materials used in the industry
Trade between Thailand and Lao

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