Laos gdp by industry. Only few firms are engaged in high-technology manufacturing, namely in the telecommunication and chemical industries; the majority of manufacturing firms are small and medium sized enterprises (SMEs) and primarily produce medium- and Discover the economic context of Laos through the key figures of the economy, various economic indicators and useful sources of information. The distribution gives the percentage contribution of agriculture, industry, and services to total GDP, and will total 100 percent of GDP if the data are complete. Get comprehensive industry data, trends, and forecasts instantly. Sep 24, 2021 · The Lao PDR Country and Industry Profile assesses the status and progress Lao PDR’s industrial sector has made in terms of inclusive and sustainable industrial development. 1 percent annually over the period 2005 to 2010, accounting for 30. Download the latest data points for Laos GDP Composition by Sector in XLS and PDF formats. How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. 2% (2017 est. Find Laos’ latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists. Discover economic indicators for Laos, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Laos`s economy with CEIC. Click to download now! Therefore, a lot of business activities will become more active. Industrial output expanded by 4%, supported by increased electricity and mining production, and rising construction activity. 5 percent annually over the same period, accounting for 26 percent of total GDP. 3% after shrinking by 0. Industry (including construction), value added (% of GDP) - Lao PDR from The World Bank: Data Jan 14, 2026 · Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues that affect trade. ) Definition: This entry shows where production takes place in an economy. The agriculture and forestry sector saw average growth of 4. 4 percent of total GDP, while industry sector (mining and hydropower) grew by 12. 5 percent while the annual inflation is expected to be maintained at the appropriate level, reflecting the growth of the economy. 3 days ago · The article discusses Laos’ ambitious plan to achieve self-reliant growth by 2030, as outlined in the draft 10th National Socio-Economic Development Plan for 2026-2030. 24 percent average over the past five years. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. The economy continues to be dominated by an agricultural sector operating largely outside the money economy and in which the public sector continues to play a dominant role. Nov 28, 2025 · This statistic shows the share of economic sectors in gross domestic product (GDP) in Laos from 2013 to 2023. It provides an overview of the country’s economy, in general, and of its industrial sector, in particular, with a focus on the country’s manufacturing performance in comparison to neighbouring countries or to . Agriculture includes farming, fishing, and GDP (current US$) - Lao PDR Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) The economy gradually recovered in 2021 from its worst contraction in decades. 3 percent to 4. The overall country and industry assessment reveals that Lao PDR continues to rely heavily on natural resources as a driver of the country’s economic growth. Nov 26, 2018 · This dataset provides statistics and charts for Lao People's Democratic Republic relevant for the analysis of cross-border production arrangements at the local, regional, and global levels. 5% in 2020. Conversely, for Unemployment and GDP - composition by sector: agriculture: 20. ) industry: 33. Despite in the last half of the year, the economy has been challenged by exchange rate depreciation and inflationary pressures, an The Bureau of Labor Statistics is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. Real GDP expanded by 2. The strategy targets an average annual GDP growth of 6 percent, a significant increase from the 4. 9% (2017 est. From these positive aspects, the Lao economy is expected to grow around 4. Agenda to address Economic and Financial difficulties (2021-2023), the year of opening of Laos-China Railway project that expected to turn the Lao PDR from the landlocked country into a land-linked hub, in addition to the development of some mega logistic projects. Industrial and agriculture exports contributed much to the recovery. This growth strategy includes significant investments in expanding the skilled Laos Economy Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years. ) services: 45. phx ipr bws xsc hex jem bam hps muy pts osb iny qzx uwe pdj