Laos

Official Name: The Lao People's Democratic Republic
Sovereign Status: Sovereign Country
Government Type: Communist state
Official Name (Local Language): Sathalanalat Paxathipatai Paxaxon Lao
ISO Country Codes: LA : LAO
Internet Domain: .la
Government Web Site: http://www.laogov.gov.la/
Capital: Vientiane Main Airports: Wattay International Airport
Language(s): Lao Population: 7,749,595
Currency: Lao Kip ISO Currency Code: LAK
Telephone Dial In: +856 ID Prefix: 00




Laos

Government Website: http://www.laogov.gov.la/
Central Bank: Banque de la République Democratique Populaire Lao
Currency USD Exchange Rate: 8,231.1 kips (LAK) per US dollar (2017 est.)
Unemployment Rate: 0.7% (2017 est.)
Population below poverty line: 18.3% (2018 est.)
Inflation Rate: 0.8% (2017 est.)
Prime Lending Rate: 22.60% (2010 - World Bank)
GDP: $58.264 billion (2021 est.)
GDP Pro Capita (PPP): $7,800 (2021 est.)
Currency Name: Lao Kip
Currency Code: LAK
World Bank Classification: Lower-Middle Income Economy

GDP Composition:

Agriculture: 21.3% sweet potatoes, vegetables, corn, coffee, sugarcane, tobacco, cotton, tea, peanuts, rice; cassava (manioc, tapioca), water buffalo, pigs, cattle, poultry
Industry: 32.5% mining (copper, tin, gold, gypsum); timber, electric power, agricultural processing, rubber, construction, garments, cement, tourism
Services: 39.4%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Lao Securities eXchange ;

National Statistics Office:

National Dataset(s):

Laos


Subject to Country Specific Sanctions? NO

Business Language(s): French; Lao
Customs & Excise: Ministère des Finances
Development Bank(s): Asian Development Bank; Asian Infrastructure Investment Bank; Lao Development Bank;
Competitive Ind’l Performance: 113/141 (2019) Corruption Perceptions Index: 126/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 93/136 (2016)
Global Trade Alert Search ITC's Lega Carta

Country Ratings:


Export Credit & Insurance Show

N/A

Investment & Export Promotion Show

Export Promotion Agency: Lao PDR Trade Portal ; Investment Agency: Investment Promotion Department ;


Imports:

$4.976 billion (2017 est.)

Main Imports:

machinery and equipment, vehicles, fuel, consumer goods

Exports:

$3.654 billion (2017 est.)

Main Exports:

wood products, coffee, electricity, tin, copper, gold, cassava


Top Export Partners:

Thailand 30.4%

China 26.9%

Vietnam 17.5%

Top Import Partners:

Thailand 60.9%

China 18.6%

Vietnam 7.3%


Source: Central Intelligence Agency Factbook



Laos

Accountancy Associations
Banking Association

N/A



Company Register
Customs & Excise

Government Procurement

N/A

Law Associations & Firms

Lao Bar Association

The Legal 500


Logistics Companies

Request a quote

Cargo-Cards
Freightnet
SeaRates

Major Companies with a Local Operation

DHL Global

Tax Identification Codes

N/A


Yellow Pages

N/A




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