la Lao PDR 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$18.98 billion

↑ 1.29% vs 2019
GDP per Capita

$2,583.78

↓ 0.21% vs 2019
GDP Growth (Annual %)

0.50%

↓ 4.95pp vs 2019
Inflation Rate (CPI %)

5.10%

↑ 1.78pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $18.74 billion $18.98 billion +1.29%
GDP per Capita $2,589.32 $2,583.78 -0.21%
GDP Growth (Annual %) 5.46% 0.50% -4.95pp
Inflation (CPI %) 3.32% 5.10% +1.78pp
Unemployment Rate (%) 2.54% 2.36% -0.18pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$18.98 billion
GDP per Capita
$2,583.78
GDP Growth (Annual %)
0.50%
Gross National Income
$17.85 billion
Prices & Employment
Inflation (CPI %)
5.10%
Inflation (GDP Deflator %)
5.03%
Unemployment Rate (%)
2.36%
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)
-1.60%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, Lao PDR's Gross Domestic Product (GDP) is $18.98 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Lao PDR for 2020 is $2,583.78. 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 2020 is 5.10%. This measures the annual percentage change in the cost of consumer goods and services.

Lao PDR's annual GDP growth rate for 2020 is 0.50%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Lao PDR for 2020 is 2.36%. This represents the percentage of the labor force that is unemployed and actively seeking employment.