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Laos

Laos · LAO · Southeast Asia

25

Risk Score

Guarded Stable

Risk Factors

No recent events in pipeline

Overview

Laos is a landlocked Southeast Asian nation with a rapidly developing economy, primarily driven by hydropower, mining, and tourism. It operates as a one-party socialist republic, with significant infrastructure investment from China.

Leadership

Thongloun Sisoulith

President and General Secretary of the Lao People's Revolutionary Party

Government: One-party Socialist Republic

Sonexay Siphandone

Saleumxay Kommasith

Bounchom Oubonpaseuth

Economy

GDP

$27.5B

GDP per Capita

$3.2K

GDP Growth

+5.5%

Inflation

6.0%

Unemployment

1.5%

HydropowerMiningAgricultureTourism

Trade

Key Exports

ElectricityCopperGoldWood ProductsCoffee

Key Imports

Machinery and EquipmentVehiclesFuelConsumer Goods

Top Partners

ThailandChinaVietnamJapan

Headlines (8)

Times of India12h ago

Anti-cancer drugs sneaked into India from Laos as ‘coolant’

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The Star1d ago

Myanmar and Laos sign deal to study 2,790MW Mekong hydropower project

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The Star1d ago

Laos, Myanmar strengthen ties during state visit of Myanmar President

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The Star1d ago

Malaysia, Laos reaffirm commitment to expand trade, investment, connectivity

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St. Paul Pioneer Press1d ago

They lived in the Twin Cities. Now Hmong deportees must make new lives in Laos

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Bangkok Post1d ago

Heroin carried by Thai air hostess traced to Myanmar

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Devdiscourse2d ago

ILO Workshop Promotes Safer and Fairer Workplaces in Laos

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The Straits Times3d ago

Myanmar ex-junta chief makes first ASEAN outing as civilian leader

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