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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