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Laos
Laos ยท LAO ยท Southeast Asia
25
Risk Score
Guardedโ Stable
Risk Factors
No recent events in pipeline
Overview
Laos is a landlocked Southeast Asian nation known for its mountainous terrain, French colonial architecture, and Buddhist monasteries. Its economy is transitioning, heavily reliant on natural resources, hydropower exports, and foreign investment, particularly from China.
Leadership
Thongloun Sisoulith
President
GOVERNMENT: One-party socialist republic
Sonexay Siphandone
Saleumxay Kommasith
Bounchom Ubonpaseuth
Economy
GDP
$21.0B
GDP per Capita
$2.8K
GDP Growth
+5.0%
Inflation
5.5%
Unemployment
1.2%
HydropowerMiningAgricultureTourism
Trade
Key Exports
ElectricityCopperGoldWood ProductsCoffee
Key Imports
Machinery and EquipmentVehiclesFuelConsumer Goods
Top Partners
ThailandChinaVietnamJapanUnited States