la Lao PDR 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$15.91 billion

↑ 10.30% vs 2015
GDP per Capita

$2,303.22

↑ 8.59% vs 2015
GDP Growth (Annual %)

7.02%

↓ 0.25pp vs 2015
Inflation Rate (CPI %)

1.60%

↑ 0.32pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $14.43 billion $15.91 billion +10.30%
GDP per Capita $2,121.01 $2,303.22 +8.59%
GDP Growth (Annual %) 7.27% 7.02% -0.25pp
Inflation (CPI %) 1.28% 1.60% +0.32pp
Unemployment Rate (%) 2.49% 2.88% +0.39pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$15.91 billion
GDP per Capita
$2,303.22
GDP Growth (Annual %)
7.02%
Gross National Income
$15.23 billion
Prices & Employment
Inflation (CPI %)
1.60%
Inflation (GDP Deflator %)
3.02%
Unemployment Rate (%)
2.88%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-8.70%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Lao PDR's Gross Domestic Product (GDP) is $15.91 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Lao PDR for 2016 is $2,303.22. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Lao PDR for 2016 is 1.60%. This measures the annual percentage change in the cost of consumer goods and services.

Lao PDR's annual GDP growth rate for 2016 is 7.02%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Lao PDR for 2016 is 2.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.