Lao PDR
General information
Capital: Vientiane
Currency unit: Kip
Area: 236,800 km²
Total population: 7,769,820
GDP (millions of US dollars): 16,503
GDP per capita, PPP (current international US dollars): 9,776
Production
Agriculture (% of GDP): 24.4 %
Manufacture (% of GDP): 12.4 %
Industry excluding manufacture (% of GDP): 22.9 %
Services (% of GDP): 40.2 %
Trade
Total exports (millions of US dollars): 11,118
Total imports (millions of US dollars): 9,930
Main exported goods (% of total exports):
Electric current (22.0 %)
Fertilizers (7.9 %)
Gold, non-monetary (excluding gold ores and concentrates) (6.8 %)
Vegetables (4.6 %)
Copper ores and concentrates; copper mattes, cemen (4.6 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Lao PDR | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Lao PDR: 55 | 55 | |
| Real Effective Exchange Rate Lao PDR: 77 | 77 | |
| Internal Real Exchange Rate Lao PDR: 82 | 82 |