Laos Forecast: Real GDP Growth
Key information about Laos Forecast: Real GDP Growth
- Laos Real GDP Growth is forecasted to be 3.967 % in Dec 2023 as reported by International Monetary Fund.
- It records an increase from the last reported number of 2.252 % in Dec 2022.
- Looking ahead, Laos Real GDP Growth is projected to stand at 4.496 % in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.
View Laos's Forecast: Real GDP Growth from 1980 to 2028 in the chart:
What is Laos's Forecast: Real GDP Growth in 2028?
Laos Real GDP Growth is forecasted to be 3.967 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4.496 2028 | 4.337 2027 | -2.100 1988 | 15.332 1981 | % | yearly | 1980 - 2028 |
Forecast: Real GDP Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Afghanistan (%) | 2.711 2023 | yearly | 2003 - 2023 |
Albania (%) | 3.400 2028 | yearly | 1980 - 2028 |
Algeria (%) | 1.782 2028 | yearly | 1980 - 2028 |
Andorra (%) | 1.500 2028 | yearly | 2001 - 2028 |
Angola (%) | 4.230 2028 | yearly | 1980 - 2028 |
Antigua and Barbuda (%) | 2.685 2027 | yearly | 1980 - 2027 |
Argentina (%) | 2.000 2027 | yearly | 1980 - 2027 |
Armenia (%) | 4.500 2028 | yearly | 1993 - 2028 |
Aruba (%) | 1.100 2028 | yearly | 1987 - 2028 |
Australia (%) | 2.279 2027 | yearly | 1980 - 2027 |
Austria (%) | 1.527 2028 | yearly | 1980 - 2028 |
Azerbaijan (%) | 2.572 2028 | yearly | 1993 - 2028 |
Bahamas (%) | 1.496 2027 | yearly | 1980 - 2027 |
Bahrain (%) | 2.733 2028 | yearly | 1980 - 2028 |
Bangladesh (%) | 9.531 2021 | yearly | 1980 - 2021 |
Barbados (%) | 1.840 2027 | yearly | 1980 - 2027 |
Belarus (%) | 0.741 2028 | yearly | 1993 - 2028 |
Belgium (%) | 1.289 2028 | yearly | 1980 - 2028 |
Belize (%) | 2.012 2027 | yearly | 1980 - 2027 |
Benin (%) | 5.934 2028 | yearly | 1980 - 2028 |
Bhutan (%) | 5.114 2029 | yearly | 1980 - 2029 |
Bolivia (%) | 3.400 2027 | yearly | 1980 - 2027 |
Bosnia and Herzegovina (%) | 3.000 2028 | yearly | 1997 - 2028 |
Botswana (%) | 3.957 2028 | yearly | 1980 - 2028 |
Brazil (%) | 2.015 2028 | yearly | 1980 - 2028 |
Brunei (%) | 2.112 2027 | yearly | 1986 - 2027 |
Bulgaria (%) | 2.840 2028 | yearly | 1980 - 2028 |
Burkina Faso (%) | 5.258 2027 | yearly | 1980 - 2027 |
Burundi (%) | 4.565 2027 | yearly | 1980 - 2027 |
Cambodia (%) | 6.500 2027 | yearly | 1988 - 2027 |
Cameroon (%) | 4.898 2027 | yearly | 1980 - 2027 |
Canada (%) | 1.643 2029 | yearly | 1980 - 2029 |
Cape Verde (%) | 4.498 2027 | yearly | 1980 - 2027 |
Central African Republic (%) | 3.347 2028 | yearly | 1980 - 2028 |
Chad (%) | 3.508 2027 | yearly | 1980 - 2027 |
Chile (%) | 2.459 2027 | yearly | 1980 - 2027 |
China (%) | 3.437 2028 | yearly | 1980 - 2028 |
Colombia (%) | 3.345 2028 | yearly | 1980 - 2028 |
Comoros (%) | 4.342 2027 | yearly | 1980 - 2027 |
Congo (%) | 3.980 2028 | yearly | 1980 - 2028 |
Costa Rica (%) | 3.243 2027 | yearly | 1980 - 2027 |
Croatia (%) | 2.800 2028 | yearly | 1993 - 2028 |
Cyprus (%) | 2.983 2029 | yearly | 1980 - 2029 |
Czech Republic (%) | 2.501 2027 | yearly | 1996 - 2027 |
Democratic Republic of Congo (%) | 6.482 2028 | yearly | 1980 - 2028 |
Denmark (%) | 1.800 2027 | yearly | 1980 - 2027 |
Djibouti (%) | 5.000 2028 | yearly | 1992 - 2028 |
Dominica (%) | 2.685 2028 | yearly | 1980 - 2028 |
Dominican Republic (%) | 4.985 2028 | yearly | 1980 - 2028 |
Ecuador (%) | 2.751 2028 | yearly | 1980 - 2028 |
Egypt (%) | 5.984 2028 | yearly | 1980 - 2028 |
El Salvador (%) | 1.965 2027 | yearly | 1980 - 2027 |
Equatorial Guinea (%) | -0.981 2027 | yearly | 1980 - 2027 |
Eritrea (%) | 2.925 2028 | yearly | 1993 - 2028 |
Estonia (%) | 3.300 2027 | yearly | 1994 - 2027 |
Swaziland (%) | 2.278 2027 | yearly | 1980 - 2027 |
Ethiopia (%) | 6.953 2028 | yearly | 1980 - 2028 |
Fiji (%) | 3.459 2028 | yearly | 1980 - 2028 |
Finland (%) | 1.519 2029 | yearly | 1980 - 2029 |
France (%) | 1.450 2028 | yearly | 1980 - 2028 |
Gabon (%) | 3.809 2027 | yearly | 1981 - 2027 |
Gambia (%) | 5.000 2027 | yearly | 1980 - 2027 |
Georgia (%) | 5.198 2028 | yearly | 1995 - 2028 |
Germany (%) | 1.134 2028 | yearly | 1980 - 2028 |
Ghana (%) | 6.774 2027 | yearly | 1980 - 2027 |
Greece (%) | 1.355 2027 | yearly | 1980 - 2027 |
Grenada (%) | 2.849 2027 | yearly | 1980 - 2027 |
Guatemala (%) | 3.900 2028 | yearly | 1980 - 2028 |
Guinea (%) | 5.187 2027 | yearly | 1980 - 2027 |
Guinea-Bissau (%) | 5.000 2027 | yearly | 1981 - 2027 |
Guyana (%) | 3.320 2027 | yearly | 1980 - 2027 |
Haiti (%) | 1.500 2027 | yearly | 1980 - 2027 |
Honduras (%) | 3.940 2027 | yearly | 1980 - 2027 |
Hong Kong SAR, China (%) | 2.849 2027 | yearly | 1980 - 2027 |
Hungary (%) | 3.150 2027 | yearly | 1980 - 2027 |
Iceland (%) | 2.432 2029 | yearly | 1980 - 2029 |
India (%) | 6.042 2029 | yearly | 1981 - 2029 |
Indonesia (%) | 5.117 2027 | yearly | 1980 - 2027 |
Iran (%) | 2.047 2029 | yearly | 1981 - 2029 |
Iraq (%) | 2.625 2027 | yearly | 1999 - 2027 |
Ireland (%) | 3.010 2027 | yearly | 1980 - 2027 |
Israel (%) | 3.499 2027 | yearly | 1980 - 2027 |
Italy (%) | 0.882 2028 | yearly | 1980 - 2028 |
Ivory Coast (%) | 6.000 2028 | yearly | 1980 - 2028 |
Jamaica (%) | 1.600 2027 | yearly | 1980 - 2027 |
Japan (%) | 0.409 2028 | yearly | 1980 - 2028 |
Jordan (%) | 3.300 2027 | yearly | 1980 - 2027 |
Kazakhstan (%) | 2.778 2028 | yearly | 1993 - 2028 |
Kenya (%) | 5.516 2027 | yearly | 1980 - 2027 |
Kiribati (%) | 1.971 2027 | yearly | 1980 - 2027 |
South Korea (%) | 2.340 2027 | yearly | 1980 - 2027 |
Kosovo (%) | 3.800 2029 | yearly | 2001 - 2029 |
Kuwait (%) | 2.655 2027 | yearly | 1980 - 2027 |
Kyrgyzstan (%) | 3.977 2028 | yearly | 1993 - 2028 |
Laos (%) | 4.496 2028 | yearly | 1980 - 2028 |
Latvia (%) | 3.377 2027 | yearly | 1993 - 2027 |
Lebanon (%) | -22.000 2020 | yearly | 1980 - 2020 |
Lesotho (%) | 2.084 2030 | yearly | 1981 - 2030 |
Liberia (%) | 5.680 2027 | yearly | 2001 - 2027 |
Libya (%) | 3.588 2027 | yearly | 1980 - 2027 |
Accurate Macro & Micro Economic Data You Can Trust
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Learn more about what we doLaos Key Series
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -71.8 Jun 2024 | quarterly | Dec 1992 - Jun 2024 |
Total Exports (USD mn) | 2,147.0 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Total Exports Growth (%) | 2.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Aluminum: Exports (USD th) | 1,135.414 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 330.538 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 218.709 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 2,218.8 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Total Imports Growth (%) | 21.9 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Imports: Medicament (USD th) | 29,719.658 2023 | yearly | 1995 - 2023 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 31,997.651 2023 | yearly | 1995 - 2023 |
Total Exports to USA (USD mn) | 4.162 Aug 2024 | monthly | Feb 2005 - Aug 2024 |
Total Imports from USA (USD mn) | 21.705 Aug 2024 | monthly | Aug 2003 - Aug 2024 |
Total Exports to China (USD mn) | 240.828 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
Total Imports from China (USD mn) | 150.694 Aug 2024 | monthly | Dec 1996 - Aug 2024 |
Exports: Mineral Products (USD mn) | 428.110 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Exports: Agricultural Products (USD mn) | 202.210 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 245.910 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Exports: Plastic and Rubber Products (USD mn) | 128.590 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Imports: Machinery and Mechanical Equipment (USD mn) | 163.400 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 379.750 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Imports: Iron, Steel and Other Metal Products (USD mn) | 157.940 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Imports: Electrical Machinery and Equipment (USD mn) | 270.710 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 186.790 Dec 2023 | quarterly | Dec 2018 - Dec 2023 |
Exports: Extra-ASEAN: India (USD th) | 102,124.000 2022 | yearly | 2008 - 2022 |
Export Volume Index (2015=100) | 99.478 2021 | yearly | 2000 - 2021 |
Import Volume Index (2015=100) | 88.616 2021 | yearly | 2000 - 2021 |
Export Value Index (2015=100) | 210.618 2021 | yearly | 1980 - 2021 |
Import Value Index (2015=100) | 110.567 2021 | yearly | 1980 - 2021 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Current Account Balance (USD mn) | -172.6 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Current Account Balance: % of GDP (%) | 2.7 2023 | yearly | 1984 - 2023 |
Foreign Direct Investment (USD mn) | 318.2 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Foreign Direct Investment: % of GDP (%) | 11.9 2023 | yearly | 1988 - 2023 |
Foreign Portfolio Investment (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Foreign Portfolio Investment: % of GDP (%) | -0.3 2023 | yearly | 1984 - 2023 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Foreign Portfolio Investment: Debt Securities (USD mn) | 0.000 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
External Debt (USD mn) | 10,253.1 2023 | yearly | 1996 - 2023 |
External Debt: % of GDP (%) | 74.2 2023 | yearly | 1996 - 2023 |
Forecast: Current Account Balance (USD bn) | 0.176 2029 | yearly | 1980 - 2029 |
BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
FDI: France (USD th) | 0.000 2021 | yearly | 2000 - 2021 |
FDI: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
FDI: Mining and Quarrying (USD mn) | 126.792 2017 | yearly | 2015 - 2017 |
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
Foreign Direct Investment (FDI) (USD mn) | 976.474 2022 | yearly | 2000 - 2022 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.7 Mar 2024 | quarterly | Dec 2017 - Mar 2024 |
Money Supply M1 (USD mn) | 825.869 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Money Supply M2 (USD mn) | 13,972.420 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
M2 Growth (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
Reserve Requirement Ratio (%) | 8.0 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 1,819.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 2.5 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
Total Deposits (USD mn) | 14,519.422 Mar 2024 | quarterly | Dec 2004 - Mar 2024 |
Total Deposits Growth (%) | 39.3 Mar 2024 | quarterly | Dec 2005 - Mar 2024 |
Domestic Credit (USD mn) | 10,675.1 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
Domestic Credit Growth (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
Total Loans (USD mn) | 9,211.862 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
Total Loans Growth (%) | 20.94 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 56.65 2023 | yearly | 2012 - 2023 |
Monetary Survey: Narrow Money (M1) (LAK bn) | 16,961.698 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
Monetary Survey: Broad Money (M2) (LAK bn) | 286,965.565 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
Reserve Requirement Rate: LAK (%) | 8.000 2023 | yearly | 1989 - 2023 |
Commercial Banks (CB): Loans: Total (LAK bn) | 189,193.228 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
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