CFI Data on Lao People's Dem. Rep.


Location Laos ASEAN

We offer a data-driven country report for Lao People's Dem. Rep. that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Lao People's Dem. Rep..



Trade agreement information for Lao People's Dem. Rep.


Does Lao People's Dem. Rep. belong to any economic unions or free trade areas?

Member of the Association of Southeast Asian Nations (ASEAN) since 23/07/1997

Other members:

Brunei Darussalam, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam


Which trade deals does Lao People's Dem. Rep. have through its membership of the ASEAN?

ASEAN - Japan Comprehensive Economic Partnership (from 01/12/2008)

ASEAN - Australia - New Zealand Free Trade Area (from 01/01/2010)

ASEAN - China Free Trade Area (from 01/01/2010)

ASEAN - India Free Trade Area (from 01/01/2010)

ASEAN - Korea Free Trade Area (from 01/01/2010)



What bilateral trade deals are there between Lao People's Dem. Rep. and other countries and economic unions?

Asia Pacific Trade Agreement (from 17/06/1976)

Implementation dates might vary according to the date of the United Kindom's exit from the European Union

Trade between Lao People's Dem. Rep. and the United Kingdom

Source: UK Office for National Statistics, October 2019.

Contains public sector information licensed under the Open Government Licence v3.0.

Its population in 2018 was 6,961,210 [1]

In 2015, 59.32% of its total energy
consumption was renewable [2]

In 2018, its GDP grew by 6.50% [2]

In 2018 it had a negative Current
Account Balance of US$bn2.53 [3]


Data sources

1 UNCTAD

2 World Bank

3 IMF World Economic Outlook Database

4 The Economist