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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)
St. Paul Pioneer Press1d ago