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CompareEconomy.com Comparison of world economies

Laos

World Rank 138 1.61 Laos flag svg
Capital
Area
Currency
Vientiane
237,955 km 2
Kip (LAK)

Table of Contents

Introduction

The socialist state of Laos is located in Southeast Asia. Interestingly, it is the only landlocked country in this region. The official name of the nation is Lao People's Democratic Republic. With a total land area of 237,955 square kilometers, it has a population of 7.1 million people. Thanks to that, the density of Laos is approximately 26.7 square kilometers.

In terms of economy, the nation has got approximately $58 billion of total GDP (PPP included). It means that on average (GDP per capita), there was $8,458 per citizen in 2019. 

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#110 (2021)
18,827,148,509 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#109 (2016)
-1,380,096,453 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#142 (2021)
3.64 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)