Laos Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Laos Forecast: Real GDP Growth

  • Laos Real GDP Growth is forecasted to be 3.967 % in Dec 2023 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 2.252 % in Dec 2022.
  • Looking ahead, Laos Real GDP Growth is projected to stand at 4.496 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Laos's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Laos Forecast: Real GDP Growth

What is Laos's Forecast: Real GDP Growth in 2028?

Laos Real GDP Growth is forecasted to be 3.967 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.496 2028 4.337 2027 -2.100 1988 15.332 1981 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 1.750 2024 yearly 2003 - 2024
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2030 yearly 2001 - 2030
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.336 2030 yearly 1987 - 2030
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 6.462 2030 yearly 1980 - 2030
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.635 2030 yearly 1980 - 2030
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.970 2030 yearly 1980 - 2030
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.189 2030 yearly 1980 - 2030
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.397 2030 yearly 1980 - 2030
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.950 2030 yearly 2001 - 2030
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.539 2031 yearly 1981 - 2031
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Laos Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.3 2024 yearly 2012 - 2024
Consolidated Fiscal Balance (USD mn) 375.970 2024 yearly 2010 - 2024
Tax Revenue (USD mn) 2,412.772 2024 yearly 2010 - 2024
Tax Revenue: % of GDP (%) 15.0 2024 yearly 2012 - 2024
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.726 2028 yearly 1980 - 2028
Trade Balance (USD mn) 418.6 Sep 2025 quarterly Dec 1992 - Sep 2025
Total Exports (USD mn) 2,977.3 Sep 2025 quarterly Mar 2004 - Sep 2025
Total Exports Growth (%) 34.2 Sep 2025 quarterly Mar 2005 - Sep 2025
Aluminum: Exports (USD th) 2,423.278 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 657.895 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 292.555 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,558.7 Sep 2025 quarterly Mar 2004 - Sep 2025
Total Imports Growth (%) 25.5 Sep 2025 quarterly Mar 2005 - Sep 2025
Imports: Medicament (USD th) 36,100.631 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 57,439.257 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 9.368 Aug 2025 monthly Feb 2005 - Aug 2025
Total Imports from USA (USD mn) 1.268 Aug 2025 monthly Aug 2003 - Aug 2025
Total Exports to China (USD mn) 542.085 Aug 2025 monthly Dec 1996 - Aug 2025
Total Imports from China (USD mn) 110.709 Aug 2025 monthly Dec 1996 - Aug 2025
Exports: Mineral Products (USD mn) 462.100 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 220.430 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 194.390 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Agricultural Products (USD mn) 147.760 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 297.920 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Electrical Machinery and Equipment (USD mn) 259.880 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Plastic and Rubber Products (USD mn) 142.090 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Iron, Steel and Other Metal Products (USD mn) 153.890 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Machinery and Mechanical Equipment (USD mn) 188.310 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Intra-ASEAN: Vietnam (USD th) 532,132.000 2023 yearly 2010 - 2023
Exports: Intra-ASEAN: Vietnam (USD th) 1,390,684.000 2023 yearly 2007 - 2023
Imports: Extra-ASEAN: Japan (USD th) 93,722.000 2023 yearly 2010 - 2023
Exports: Intra-ASEAN: Thailand (USD th) 2,883,854.000 2023 yearly 2007 - 2023
Imports: Extra-ASEAN: China (USD th) 1,964,647.000 2023 yearly 2010 - 2023
Imports: Extra-ASEAN: EU 27 Countries (USD th) 101,441.000 2023 yearly 2010 - 2023
Imports: Intra-ASEAN: Thailand (USD th) 3,844,420.000 2023 yearly 2010 - 2023
Exports: Extra-ASEAN: EU 27 Countries (USD th) 269,683.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: China (USD th) 2,504,404.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: India (USD th) 101,542.000 2023 yearly 2008 - 2023
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 99.478 2021 yearly 2000 - 2021
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 309.1 Sep 2025 quarterly Mar 1994 - Sep 2025
Current Account Balance: % of GDP (%) 3.3 2024 yearly 1984 - 2024
Foreign Direct Investment (USD mn) 327.8 Sep 2025 quarterly Mar 2001 - Sep 2025
Foreign Direct Investment: % of GDP (%) 6.1 2024 yearly 1988 - 2024
Foreign Portfolio Investment (USD mn) -88.987 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: % of GDP (%) -1.8 2024 yearly 1984 - 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2025 quarterly Mar 1994 - Sep 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -88.987 Sep 2025 quarterly Mar 1999 - Sep 2025
External Debt (USD mn) 10,350.5 2024 yearly 1996 - 2024
External Debt: % of GDP (%) 68.7 2024 yearly 1996 - 2024
Forecast: Current Account Balance (USD bn) -0.128 2030 yearly 1980 - 2030
BoP: FA: Porfolio Investment (USD mn) 361.05 Dec 2017 quarterly Mar 2004 - Dec 2017
Foreign Direct Investment (FDI) (USD mn) 1,500.203 2023 yearly 2000 - 2023
FDI: Korea (USD th) 6,183.504 2021 yearly 2000 - 2021
FDI: France (USD th) 0.000 2021 yearly 2000 - 2021
FDI: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
FDI: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
FDI: Vietnam (USD th) 176,991.125 2021 yearly 2000 - 2021
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) 711.800 2017 yearly 2015 - 2017
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Jun 2025 quarterly Dec 2017 - Jun 2025
Money Supply M1 (USD mn) 1,074.015 Sep 2025 quarterly Dec 1999 - Sep 2025
Money Supply M2 (USD mn) 16,240.862 Sep 2025 quarterly Dec 1999 - Sep 2025
M2 Growth (%) 15.7 Sep 2025 quarterly Dec 2000 - Sep 2025
Reserve Requirement Ratio (%) 8.0 Nov 2025 monthly Jan 2002 - Nov 2025
Foreign Exchange Reserves (USD mn) 2,642.9 Jun 2025 monthly Dec 1988 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 2.9 Jun 2025 quarterly Mar 2004 - Jun 2025
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 17,130.491 Jun 2025 quarterly Dec 2004 - Jun 2025
Total Deposits Growth (%) 12.7 Jun 2025 quarterly Dec 2005 - Jun 2025
Domestic Credit (USD mn) 11,888.1 Sep 2025 quarterly Dec 1991 - Sep 2025
Domestic Credit Growth (%) 10.9 Sep 2025 quarterly Dec 1992 - Sep 2025
Total Loans (USD mn) 10,651.867 Sep 2025 quarterly Dec 2004 - Sep 2025
Total Loans Growth (%) 15.11 Sep 2025 quarterly Dec 2005 - Sep 2025
Private Debt: % of Nominal GDP (%) 56.96 2024 yearly 2012 - 2024
Monetary Survey: Narrow Money (M1) (LAK bn) 21,958.236 Sep 2025 quarterly Dec 1991 - Sep 2025
Monetary Survey: Broad Money (M2) (LAK bn) 332,044.425 Sep 2025 quarterly Dec 1991 - Sep 2025
Reserve Requirement Rate: LAK (%) 8.000 2024 yearly 1989 - 2024
Commercial Banks (CB): Deposits (LAK bn) 309,487.370 Jun 2024 quarterly Dec 2004 - Jun 2024
Commercial Banks (CB): Loans: Total (LAK bn) 189,193.228 Sep 2024 quarterly Dec 2004 - Sep 2024

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