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THE GLOBAL FINANCIAL WEEKLYOctober 5–11, 2026Vol. 01 · No. 002

ASIA & MIDDLE EAST · COUNTRY REFERENCE

Lao People's Democratic Republic

UN member stateISO LA / LAOLAK

Written and compiled by American Business Capital Group Inc.

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Selected country or entityMap: Natural Earth ↗

ANNUAL ECONOMIC SNAPSHOT

Population & economic scale

World Bank · dated observations

The most recent non-empty observations returned by the World Bank when this snapshot was collected. Read the year on each card: these are annual statistics, not live measurements.

World Bank reporting entity: Lao PDR · 3 of 3 indicators available.

Population

7,873,046

people

observation

Definition, value & source

Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.

Received value: 7873046 people. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: World Population Prospects, United Nations (UN), uri: https://population.un.org/wpp/, publisher: UN Population Division; Statistical databases and publications from national statistical offices, National Statistical Offices (NSOs), uri: https://unstats.un.org/home/nso_sites/, publisher: National Statistical Offices; Eurostat: Demographic Statistics, Eurostat (ESTAT), uri: https://ec.europa.eu/eurostat/data/database?node_code=earn_ses_monthly, publisher: Eurostat; Population and Vital Statistics Report (various years), United Nations (UN), uri: https://unstats.un.org, publisher: UN Statistics Division

GDP

$18.3 billion

current US$

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 18302970218.5902 current US$. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP per capita

$2,325

current US$ per person

observation

Definition, value & source

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Received value: 2324.76353098791 current US$ per person. The main card rounds for readability.

Collected
Oct 7, 2026
Dataset update reported by API
Jul 13, 2026; separate from the observation year

World Bank indicator ↗ · API record ↗

World Bank, World Development Indicators. CC BY 4.0. Underlying sources: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB)

GDP and GDP per capita use current US dollars, without an inflation or purchasing-power-parity adjustment. Source years can differ. Missing data is not zero; earlier archive figures below are retained as a separate historical reference.

THE REFERENCE FILE

Lao People's Democratic Republic at a glance

Archive edition 2025

These are historical reference facts from the 2025 World Factbook archive. Each estimate keeps its own period; an archive edition does not make every figure a measurement from that year.

Government type

communist party-led state

archive edition 2025Source ↗

Population

total: 7,953,556 (2024 est.) male: 3,966,320 female: 3,987,236

2024 source periods; archive edition 2025Source ↗

Area

total : 236,800 sq km land: 230,800 sq km water: 6,000 sq km

archive edition 2025Source ↗

Real GDP (purchasing power parity)

$66.905 billion (2024 est.) $64.173 billion (2023 est.) $61.856 billion (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

GDP (official exchange rate)

$16.503 billion (2024 est.) note: data in current dollars at official exchange rate

2024 source periods; archive edition 2025Source ↗

Real GDP growth rate

4.3% (2024 est.) 3.7% (2023 est.) 2.7% (2022 est.) note: annual GDP % growth based on constant local currency

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Real GDP per capita

$8,600 (2024 est.) $8,400 (2023 est.) $8,200 (2022 est.) note: data in 2021 dollars

2024, 2023, 2022, 2021 source periods; archive edition 2025Source ↗

Inflation rate (consumer prices)

23.1% (2024 est.) 31.2% (2023 est.) 23% (2022 est.) note: annual % change based on consumer prices

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Unemployment rate

1.3% (2024 est.) 1.2% (2023 est.) 1.3% (2022 est.) note: % of labor force seeking employment

2024, 2023, 2022 source periods; archive edition 2025Source ↗

Labor force

3.585 million (2024 est.) note: number of people ages 15 or older who are employed or seeking work

2024 source periods; archive edition 2025Source ↗

Public debt

58.4% of GDP (2016 est.)

2016 source periods; archive edition 2025Source ↗

Budget

revenues: $2.288 billion (2022 est.) expenditures: $2.259 billion (2022 est.) note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

2022 source periods; archive edition 2025Source ↗

Current account balance

$404.523 million (2023 est.) -$458.754 million (2022 est.) $431.636 million (2021 est.) note: balance of payments - net trade and primary/secondary income in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Exports

$9.698 billion (2023 est.) $8.604 billion (2022 est.) $7.82 billion (2021 est.) note: balance of payments - exports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Imports

$8.596 billion (2023 est.) $7.983 billion (2022 est.) $6.527 billion (2021 est.) note: balance of payments - imports of goods and services in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Reserves of foreign exchange and gold

$1.77 billion (2023 est.) $1.576 billion (2022 est.) $1.951 billion (2021 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

2023, 2022, 2021 source periods; archive edition 2025Source ↗

Debt - external

$9.619 billion (2023 est.) note: present value of external debt in current US dollars

2023 source periods; archive edition 2025Source ↗

Electricity access

electrification - total population: 100% (2022 est.)

2022 source periods; archive edition 2025Source ↗

Internet users

percent of population: 64% (2023 est.)

2023 source periods; archive edition 2025Source ↗

THE HISTORICAL REFERENCE LIBRARY

Explore the country in detail

30 sections · archive 2025

Browse the economy, population, resources and infrastructure. These archived descriptions keep their original wording and dates; they have not been updated to describe current conditions.

30 of 30 sections

Location

Southeastern Asia, northeast of Thailand, west of Vietnam

archive edition 2025 · Archive source ↗

Capital

name: Vientiane (Viangchan) geographic coordinates: 17 58 N, 102 36 E time difference: UTC+7 (12 hours ahead of Washington, DC, during Standard Time) etymology: the name Viangchan means "city of sandalwood" in Laotian; the standard spelling reflects French influence

archive edition 2025 · Archive source ↗

Economic overview

lower middle-income, industrial Southeast Asian economy; high inflation due to 2022 currency depreciation brought on by persistently high debt; new Laos-China railway and dry port; rising inequities; ongoing labor shortages

2022 source periods; archive edition 2025 · Archive source ↗

Natural resources

timber, hydropower, gypsum, tin, gold, gemstones

archive edition 2025 · Archive source ↗

Agricultural products

cassava, root vegetables, rice, sugarcane, vegetables, bananas, maize, rubber, coffee, watermelons (2023) note: top ten agricultural products based on tonnage

2023 source periods; archive edition 2025 · Archive source ↗

Industries

mining (copper, tin, gold, gypsum); timber, electric power, agricultural processing, rubber, construction, garments, cement, tourism

archive edition 2025 · Archive source ↗

Exports - partners

China 39%, Thailand 34%, Australia 4%, USA 4%, Cambodia 2% (2023) note: top five export partners based on percentage share of exports

2023 source periods; archive edition 2025 · Archive source ↗

Exports - commodities

electricity, fertilizers, gold, garments, paper (2023) note: top five export commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Imports - partners

Thailand 58%, China 36%, Japan 1%, Singapore 1%, Germany 1% (2023) note: top five import partners based on percentage share of imports

2023 source periods; archive edition 2025 · Archive source ↗

Imports - commodities

refined petroleum, cars, raw sugar, plastic products, trucks (2023) note: top five import commodities based on value in dollars

2023 source periods; archive edition 2025 · Archive source ↗

Climate

tropical monsoon; rainy season (May to November); dry season (December to April)

archive edition 2025 · Archive source ↗

Terrain

mostly rugged mountains; some plains and plateaus

archive edition 2025 · Archive source ↗

Land use

agricultural land: 9.9% (2023 est.) arable land: 5.3% (2023 est.) permanent crops: 1.7% (2023 est.) permanent pasture: 2.9% (2023 est.) forest: 56.8% (2023 est.) other: 33.3% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Natural hazards

floods, droughts

archive edition 2025 · Archive source ↗

Languages

Lao (official), French, English, various ethnic languages major-language sample(s): ແຫລ່ງທີ່ຂາດບໍ່ໄດ້ສຳລັບຂໍ້ມູນຕົ້ນຕໍ່ (Lao) The World Factbook, the indispensable source for basic information.

archive edition 2025 · Archive source ↗

Religions

Buddhist 64.7%, Christian 1.7%, none 31.4%, other/not stated 2.1% (2015 est.)

2015 dates in source text; archive edition 2025 · Archive source ↗

Age structure

0-14 years: 30.1% (male 1,214,429/female 1,181,845) 15-64 years: 65% (male 2,573,668/female 2,599,957) 65 years and over: 4.8% (2024 est.) (male 178,223/female 205,434)

2024 dates in source text; archive edition 2025 · Archive source ↗

Urbanization

urban population: 38.2% of total population (2023) rate of urbanization: 2.99% annual rate of change (2020-25 est.)

2023, 2020 dates in source text; archive edition 2025 · Archive source ↗

Life expectancy at birth

total population: 69 years (2024 est.) male: 67.4 years female: 70.7 years

2024 dates in source text; archive edition 2025 · Archive source ↗

Literacy

total population: 75.6% (2023 est.) male: 85.1% (2023 est.) female: 66.7% (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity

installed generating capacity: 12.738 million kW (2023 est.) consumption: 12.803 billion kWh (2023 est.) exports: 38 billion kWh (2023 est.) imports: 955.095 million kWh (2023 est.) transmission/distribution losses: 2.447 billion kWh (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Electricity generation sources

fossil fuels: 23.3% of total installed capacity (2023 est.) solar: 0.2% of total installed capacity (2023 est.) hydroelectricity: 76.5% of total installed capacity (2023 est.) biomass and waste: 0.1% of total installed capacity (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Petroleum

refined petroleum consumption: 25,000 bbl/day (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Carbon dioxide emissions

23.412 million metric tonnes of CO2 (2023 est.) from coal and metallurgical coke: 19.652 million metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 3.76 million metric tonnes of CO2 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Telephones - mobile cellular

total subscriptions: 4.96 million (2023 est.) subscriptions per 100 inhabitants: 65 (2023 est.)

2023 dates in source text; archive edition 2025 · Archive source ↗

Broadband - fixed subscriptions

total: 183,000 (2022 est.) subscriptions per 100 inhabitants: 2 (2022 est.)

2022 dates in source text; archive edition 2025 · Archive source ↗

Airports

20 (2025)

2025 dates in source text; archive edition 2025 · Archive source ↗

Railways

total: 422 km (2023) standard gauge: 422 km (2023) 1.435-m gauge (422 km overhead electrification)

2023 dates in source text; archive edition 2025 · Archive source ↗

GDP - composition, by sector of origin

agriculture: 16.8% (2024 est.) industry: 29% (2024 est.) services: 43.5% (2024 est.) note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

2024 dates in source text; archive edition 2025 · Archive source ↗

Remittances

1.8% of GDP (2023 est.) 1.5% of GDP (2022 est.) 1.2% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities

2023, 2022, 2021 dates in source text; archive edition 2025 · Archive source ↗

CURRENCY OBSERVATIONS

Money & exchange rates

Currency explorer →

The latest verified daily references are separate from the historical country profile. Values are currency units per US$1.

LAK

Lao Kip

22,342

LAK per US$1

Source observation: Oct 6, 2026

Published reference snapshot; its original observation date is preserved.

1 LAK = US$0.00004475875

Daily reference historyOct 6, 2026 · 22,342 LAK
Sep 7, 2026: 22,234 LAK per US$1Sep 8, 2026: 22,195 LAK per US$1Sep 9, 2026: 22,234 LAK per US$1Sep 10, 2026: 22,214 LAK per US$1Sep 11, 2026: 22,222 LAK per US$1Sep 13, 2026: 22,208 LAK per US$1Sep 14, 2026: 22,226 LAK per US$1Sep 15, 2026: 22,198 LAK per US$1Sep 16, 2026: 22,230 LAK per US$1Sep 17, 2026: 22,287 LAK per US$1Sep 18, 2026: 22,302 LAK per US$1Sep 19, 2026: 22,304 LAK per US$1Sep 20, 2026: 22,282 LAK per US$1Sep 21, 2026: 22,264 LAK per US$1Sep 22, 2026: 22,236 LAK per US$1Sep 23, 2026: 22,253 LAK per US$1Sep 24, 2026: 22,307 LAK per US$1Sep 25, 2026: 22,294 LAK per US$1Sep 26, 2026: 22,292 LAK per US$1Sep 27, 2026: 22,272 LAK per US$1Sep 28, 2026: 22,265 LAK per US$1Sep 29, 2026: 22,261 LAK per US$1Sep 30, 2026: 22,307 LAK per US$1Oct 1, 2026: 22,344 LAK per US$1Oct 2, 2026: 22,348 LAK per US$1Oct 3, 2026: 22,408 LAK per US$1Oct 4, 2026: 22,386 LAK per US$1Oct 5, 2026: 22,401 LAK per US$1Oct 6, 2026: 22,342 LAK per US$1
Sep 7, 2026Oct 6, 2026

22,195–22,408 LAK per US$1 across the displayed observations. The vertical scale follows this range.

View dated observations
Observation dateLAK per US$1
Oct 6, 202622,342
Oct 5, 202622,401
Oct 4, 202622,386
Oct 3, 202622,408
Oct 2, 202622,348
Oct 1, 202622,344
Sep 30, 202622,307
Sep 29, 202622,261
Sep 28, 202622,265
Sep 27, 202622,272
Sep 26, 202622,292
Sep 25, 202622,294
Sep 24, 202622,307
Sep 23, 202622,253
Sep 22, 202622,236
Sep 21, 202622,264
Sep 20, 202622,282
Sep 19, 202622,304
Sep 18, 202622,302
Sep 17, 202622,287
Sep 16, 202622,230
Sep 15, 202622,198
Sep 14, 202622,226
Sep 13, 202622,208
Sep 11, 202622,222
Sep 10, 202622,214
Sep 9, 202622,234
Sep 8, 202622,195
Sep 7, 202622,234

Daily references are not live execution prices. A check time does not change a source observation date.

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SOURCES & DATES

Where the facts come from.

Editorial presentation by American Business Capital Group Inc. The organizations and archive links below are the underlying sources.

Country reference
CIA World Factbook · 2025 archive
Archive retrieved
Oct 6, 2026 · retrieval date, not an observation period
Rate observations
Frankfurter / official reference providers ↗ · each observation is dated separately
  • UN membership is shown separately from territory and currency coverage; inclusion is not a position on sovereignty or boundaries.
  • CIA World Factbook text preserved by World Factbook Archive. Archive edition 2025; individual estimates retain their own dates. These are historical reference facts, not current observations.

About the editions. The CIA announced the end of its online World Factbook on February 4, 2026. Our historical profiles retain the archive editions shown above.

Skyhorse lists The CIA World Factbook 2026–2027, published April 7, 2026 (ISBN 9781510786042). That book’s full text has not been incorporated here; its edition title does not redate the imported archive. Archive distribution license.

Geography is a simplified reference. Displayed boundaries and entity inclusion do not express a position on sovereignty or disputed borders.