Lao PDR 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$16.59 billion
↑ 4.74% vs 2023GDP per Capita
$2,164.94
↑ 4.74% vs 2023GDP Growth (Annual %)
4.74%
↑ 1.00pp vs 2023Inflation Rate (CPI %)
23.13%
↓ 8.10pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.84 billion | $16.59 billion | +4.74% |
| GDP per Capita | $2,066.95 | $2,164.94 | +4.74% |
| GDP Growth (Annual %) | 3.75% | 4.74% | +1.00pp |
| Inflation (CPI %) | 31.23% | 23.13% | -8.10pp |
| Unemployment Rate (%) | 1.19% | 1.22% | +0.03pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $16.59 billion
- GDP per Capita
- $2,164.94
- GDP Growth (Annual %)
- 4.74%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 23.13%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 1.22%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Lao PDR's Gross Domestic Product (GDP) is $16.59 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Lao PDR for 2024 is $2,164.94. 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 2024 is 23.13%. This measures the annual percentage change in the cost of consumer goods and services.
Lao PDR's annual GDP growth rate for 2024 is 4.74%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Lao PDR for 2024 is 1.22%. This represents the percentage of the labor force that is unemployed and actively seeking employment.