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Lao PDR, a lower-middle income economy with a GNI per capita of $1,600 in 2014, is one of the fastest growing economies in the East Asia and Pacific region. GDP growth averaged 7 percent over the last decade, with increasing use of the country’s natural resources – mostly water, minerals and forests – contributing one third of output growth. Construction and services also expanded as resource rents spread to the rest of the economy and growing regional integration boosted tourism and attracted foreign investment.

India provided USD 66.15 million to Laos for irrigation and hydro power projects, including the extension of transmission lines, for socio-economic development in the South East Asian nation. The decision was taken during External Affairs Minister Salman Khurshid's ongoing visit to the country to participate in the 7th India-Lao Joint Commission Meeting (JMC) on Bilateral Cooperation.


At a Glance:



Country Name 



Lao People’s Democratic Republic















Government type    



Communist state



Administrative divisions



16 provinces (khoueng, singular and plural) and

1  capital city* ( nakhon luang, singular and plural);

Attapu, Bokeo, Bolikhamxai, Champasak, Houaphan, Khammouan, Louangnamtha, Louangphrabang, Oidomxai, Phongsali, Salavan, Savannakhet,  Viangchan (Vientiane)*, Viangchan, Xaignabouli,   Xekong, Xiangkhoang.



National Holidays



Republic Day- 2nd December



Fiscal year      



1st October – 30th September






Kip (LAK)






Lt. Gen. Choummali Saignason

(since 8th June 2006)



Prime Minister 



THONGSING Thammavong

(since 24th December 2010) 






6,803,699 (July 2014 est.)



Net migration rate



-1.1 migrant(s)/1,000 populations (2014 est.)



GDP (purchasing power parity)




$20.78 billion (2013 est.)





GDP- composition by sector




Agriculture: 24.8%

Industry: 32%

Services: 37.5% (2013 est.)



Agriculture- Products



Sweet potatoes, vegetables, corn, coffee, sugarcane, tobacco, cotton, tea, peanuts, rice; cassava (manioc), water buffalo, pigs, cattle, poultry






Mining (copper, tin, gold, and gypsum); timber, electric power, agricultural processing, rubber, construction, garments, cement, tourism 



Major Exports



Wood products, coffee, electricity, tin, copper, gold, cassava



Major Exports Partners



Thailand 34%, China 21.5%, Vietnam 12.2% (2012)



Major Imports



machinery and equipment, vehicles, fuel, consumer goods



Major Importers – Partners



Thailand 62.1%, China 16.2%, Vietnam 7.3% (2012)



Natural resources  



Timber, hydropower, gypsum, tin, gold, gemstones






Lao (official), French, English, various ethnic languages



Ethnic groups 



Lao 55%, Khmou 11%, Hmong 8%, others (over 100 minor ethnic groups) 26% (2005 census).






Tropical monsoon; rainy season (May to November); dry season (December to April)






Southeastern Asia, northeast of Thailand, west of Vietnam