Laos Unemployment Rate
1991 - 2020 | Yearly | % | World Bank
Laos Unemployment Rate increased to 0.95 % in Dec 2020, from the previously reported number of 0.62 % in Dec 2019. Laos Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2020, with an average rate of 1.25 %. The data reached an all-time high of 2.60 % in Dec 1995 and a record low of 0.62 % in Dec 2019. The data is reported by reported by World Bank.
In the latest reports, Laos Population reached 7.12 million people in Jun 2019. The country's Labour Force Participation Rate dropped to 77.33 % in Dec 2020.
View Laos's Unemployment Rate from 1991 to 2020 in the chart:
What was Laos's Unemployment Rate in 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.95 2020 | 0.62 2019 | 0.62 2019 | 2.60 1995 | % | yearly | 1991 - 2020 |
Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 11.80 Dec 2020 | quarterly | Mar 2012 - Dec 2020 |
| Algeria (%) | 11.70 Sep 2017 | quarterly | Jun 2014 - Sep 2017 |
| Argentina (%) | 13.10 Jun 2020 | quarterly | Dec 2002 - Jun 2020 |
| Armenia (%) | 18.10 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Australia (%) | 7.00 Oct 2020 | monthly | Feb 1978 - Oct 2020 |
| Austria (%) | 5.52 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Azerbaijan (%) | 6.94 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Bahrain (%) | 4.30 2016 | yearly | 1991 - 2016 |
| Bangladesh (%) | 5.30 2020 | yearly | 1991 - 2020 |
| Belarus (%) | 0.20 Jan 2021 | monthly | Oct 2004 - Jan 2021 |
| Belgium (%) | 5.20 Sep 2020 | monthly | Jan 1983 - Sep 2020 |
| Bolivia (%) | 3.40 2017 | yearly | 1999 - 2017 |
| Bosnia and Herzegovina (%) | 15.70 2019 | yearly | 2006 - 2019 |
| Botswana (%) | 18.72 2020 | yearly | 1991 - 2020 |
| Brazil (%) | 14.20 Jan 2021 | monthly | Mar 2012 - Jan 2021 |
| Brunei (%) | 8.37 2020 | yearly | 1991 - 2020 |
| Bulgaria (%) | 5.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cambodia (%) | 0.10 2017 | yearly | 2007 - 2017 |
| Canada (%) | 8.90 Oct 2020 | monthly | Jan 1976 - Oct 2020 |
| Chile (%) | 11.60 Oct 2020 | monthly | Mar 2009 - Oct 2020 |
| China (%) | 4.24 Dec 2020 | quarterly | Dec 1999 - Dec 2020 |
| Colombia (%) | 15.77 Sep 2020 | monthly | Jan 2001 - Sep 2020 |
| Croatia (%) | 9.20 Dec 2020 | quarterly | Mar 2000 - Dec 2020 |
| Cyprus (%) | 8.00 Sep 2020 | monthly | Jan 2000 - Sep 2020 |
| Czech Republic (%) | 2.79 Sep 2020 | monthly | Jan 1993 - Sep 2020 |
| Denmark (%) | 5.80 Oct 2020 | monthly | Jan 2007 - Oct 2020 |
| Ecuador (%) | 4.96 Dec 2020 | quarterly | Dec 2013 - Dec 2020 |
| Egypt (%) | 7.20 Dec 2020 | quarterly | Mar 2003 - Dec 2020 |
| Estonia (%) | 7.70 Sep 2020 | quarterly | Mar 1989 - Sep 2020 |
| European Union (%) | 6.20 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Finland (%) | 8.20 Dec 2020 | monthly | Jan 1988 - Dec 2020 |
| France (%) | 8.00 Dec 2020 | quarterly | Mar 1975 - Dec 2020 |
| Georgia (%) | 11.57 2019 | yearly | 1991 - 2019 |
| Germany (%) | 4.50 Sep 2020 | monthly | Jan 1991 - Sep 2020 |
| Ghana (%) | 4.51 2020 | yearly | 1991 - 2020 |
| Greece (%) | 16.80 Aug 2020 | monthly | Apr 1998 - Aug 2020 |
| Hong Kong SAR, China (%) | 6.40 Oct 2020 | monthly | Oct 1981 - Oct 2020 |
| Hungary (%) | 4.30 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
| Iceland (%) | 5.60 Sep 2020 | monthly | Jan 2003 - Sep 2020 |
| India (%) | 7.11 2020 | yearly | 1991 - 2020 |
| Indonesia (%) | 7.07 2020 | yearly | 1984 - 2020 |
| Iran (%) | 10.60 Mar 2020 | quarterly | Jun 2001 - Mar 2020 |
| Ireland (%) | 7.30 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Israel (%) | 4.71 Oct 2020 | monthly | Jan 2012 - Oct 2020 |
| Italy (%) | 8.99 Dec 2020 | monthly | Jan 1983 - Dec 2020 |
| Ivory Coast (%) | 3.50 2020 | yearly | 1991 - 2020 |
| Japan (%) | 3.00 Sep 2020 | monthly | Jan 1953 - Sep 2020 |
| Jordan (%) | 23.00 May 2020 | quarterly | Feb 2000 - May 2020 |
| Kazakhstan (%) | 5.00 Jul 2020 | monthly | Jan 2001 - Jul 2020 |
| Kenya (%) | 2.98 2020 | yearly | 1991 - 2020 |
| South Korea (%) | 4.00 Feb 2021 | monthly | Jun 1999 - Feb 2021 |
| Kosovo (%) | 29.10 Mar 2020 | quarterly | Mar 2016 - Mar 2020 |
| Kuwait (%) | 2.09 2018 | yearly | 1999 - 2018 |
| Kyrgyzstan (%) | 5.50 2019 | yearly | 1992 - 2019 |
| Laos (%) | 0.95 2020 | yearly | 1991 - 2020 |
| Latvia (%) | 8.00 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Lebanon (%) | 11.35 2018 | yearly | 2004 - 2018 |
| Lithuania (%) | 10.40 Oct 2020 | monthly | Jan 1998 - Oct 2020 |
| Luxembourg (%) | 6.28 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Macau SAR, China (%) | 2.70 Jan 2021 | monthly | Sep 1996 - Jan 2021 |
| North Macedonia (%) | 16.14 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Malawi (%) | 6.60 2013 | yearly | 2005 - 2013 |
| Malaysia (%) | 5.40 May 2020 | monthly | Jan 2016 - May 2020 |
| Malta (%) | 4.60 Sep 2020 | quarterly | Dec 2000 - Sep 2020 |
| Mauritius (%) | 7.10 Mar 2020 | quarterly | Mar 2004 - Mar 2020 |
| Mexico (%) | 3.26 Mar 2020 | monthly | Jan 2005 - Mar 2020 |
| Moldova (%) | 4.22 Jun 2020 | quarterly | Mar 1999 - Jun 2020 |
| Mongolia (%) | 7.57 Dec 2020 | quarterly | Sep 2006 - Dec 2020 |
| Montenegro (%) | 19.00 Sep 2020 | quarterly | Mar 2008 - Sep 2020 |
| Morocco (%) | 12.20 Dec 2020 | quarterly | Mar 1999 - Dec 2020 |
| Mozambique (%) | 3.24 2020 | yearly | 1991 - 2020 |
| Myanmar (%) | 1.79 2020 | yearly | 1991 - 2020 |
| Nepal (%) | 4.44 2020 | yearly | 1991 - 2020 |
| Netherlands (%) | 3.80 Mar 2020 | monthly | Jan 2003 - Mar 2020 |
| New Zealand (%) | 4.90 Dec 2020 | quarterly | Mar 1986 - Dec 2020 |
| Nigeria (%) | 27.11 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Norway (%) | 5.20 Sep 2020 | monthly | Jan 1989 - Sep 2020 |
| Oman (%) | 2.80 Oct 2020 | monthly | Mar 2018 - Oct 2020 |
| Pakistan (%) | 5.79 2018 | yearly | 1980 - 2018 |
| Palestinian Territory (%) | 23.40 Dec 2020 | quarterly | Mar 1998 - Dec 2020 |
| Panama (%) | 7.10 2019 | yearly | 2003 - 2019 |
| Paraguay (%) | 8.16 Sep 2020 | quarterly | Mar 2017 - Sep 2020 |
| Peru (%) | 16.43 Oct 2020 | monthly | Mar 2001 - Oct 2020 |
| Philippines (%) | 10.00 Jul 2020 | quarterly | Jul 1982 - Jul 2020 |
| Poland (%) | 6.10 Oct 2020 | monthly | Jan 1990 - Oct 2020 |
| Portugal (%) | 7.50 Oct 2020 | monthly | Feb 1998 - Oct 2020 |
| Qatar (%) | 0.10 2019 | yearly | 1997 - 2019 |
| Romania (%) | 5.70 Feb 2021 | monthly | Jan 1997 - Feb 2021 |
| Russia (%) | 6.35 Sep 2020 | monthly | Jan 1994 - Sep 2020 |
| Saudi Arabia (%) | 8.98 Jun 2020 | quarterly | Mar 2012 - Jun 2020 |
| Serbia (%) | 9.90 Dec 2020 | quarterly | Mar 2014 - Dec 2020 |
| Singapore (%) | 3.60 Sep 2020 | quarterly | Mar 1987 - Sep 2020 |
| Slovakia (%) | 7.35 Oct 2020 | monthly | Jan 2006 - Oct 2020 |
| Slovenia (%) | 5.10 Dec 2020 | quarterly | Jun 1997 - Dec 2020 |
| South Africa (%) | 32.50 Dec 2020 | quarterly | Mar 2008 - Dec 2020 |
| Spain (%) | 16.13 Dec 2020 | quarterly | Sep 1976 - Dec 2020 |
| Sri Lanka (%) | 5.20 Dec 2020 | quarterly | Jun 2012 - Dec 2020 |
| Sudan (%) | 20.30 2010 | yearly | 1993 - 2010 |
| Sweden (%) | 8.91 Oct 2020 | monthly | Jan 1983 - Oct 2020 |
| Switzerland (%) | 5.01 Dec 2020 | monthly | Jan 1991 - Dec 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -3.2 2019 | yearly | 2012 - 2019 |
| Consolidated Fiscal Balance (USD mn) | -610.066 2019 | yearly | 2010 - 2019 |
| Tax Revenue (USD mn) | 2,043.467 2019 | yearly | 2010 - 2019 |
| Tax Revenue: % of GDP (%) | 10.8 2019 | yearly | 2012 - 2019 |
| Forecast: Government Revenue (LAK bn) | 40,599.931 2022 | yearly | 2000 - 2022 |
| Govt Budget: Revenue: Tax: VAT (LAK bn) | 5,201.470 2018 | yearly | 2013 - 2018 |
| Govt Budget: Revenue: Tax: Excise Tax (LAK bn) | 4,742.820 2018 | yearly | 2013 - 2018 |
| Govt Budget: Revenue (LAK bn) | 21,795.660 2018 | yearly | 2013 - 2018 |
| Govt Budget: Total Expenditure (TE) (LAK bn) | 31,002.850 2018 | yearly | 2013 - 2018 |
| Govt Budget: TE: Current Expenditure (CE) (LAK bn) | 18,430.240 2018 | yearly | 2013 - 2018 |
| Govt Budget: TE: Capital Expenditure (LAK bn) | 12,572.610 2018 | yearly | 2013 - 2018 |
| Govt Budget: Revenue: Tax: Income Tax (LAK bn) | 1,619.010 2018 | yearly | 2013 - 2018 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 8.062 2026 | yearly | 1980 - 2026 |
| Trade Balance (USD mn) | 250.6 Dec 2020 | quarterly | Dec 1992 - Dec 2020 |
| Total Exports (USD mn) | 1,738.7 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Total Exports Growth (%) | 16.1 Dec 2020 | quarterly | Mar 2005 - Dec 2020 |
| Aluminum: Exports (USD th) | 740.038 2019 | yearly | 1995 - 2019 |
| Exports: Medicament (USD th) | 117.453 2019 | yearly | 1995 - 2019 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 420.406 2019 | yearly | 1995 - 2019 |
| Total Imports (USD mn) | 1,488.1 Dec 2020 | quarterly | Mar 2004 - Dec 2020 |
| Total Imports Growth (%) | -18.9 Dec 2020 | quarterly | Mar 2005 - Dec 2020 |
| Imports: Medicament (USD th) | 30,305.478 2019 | yearly | 1995 - 2019 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 10,570.328 2019 | yearly | 1995 - 2019 |
| Total Exports to USA (USD mn) | 8.642 Oct 2020 | monthly | Feb 2005 - Oct 2020 |
| Total Imports from USA (USD mn) | 1.699 Aug 2020 | monthly | Aug 2003 - Aug 2020 |
| Total Exports to China (USD mn) | 204.518 Nov 2020 | monthly | Dec 1996 - Nov 2020 |
| Total Imports from China (USD mn) | 164.633 Dec 2020 | monthly | Dec 1996 - Dec 2020 |
| Exports: Plastic and Rubber Products (USD mn) | 113.220 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 159.320 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Imports: Electrical Machinery and Equipment (USD mn) | 157.350 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 124.620 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 219.140 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 212.610 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Exports: Mineral Products (USD mn) | 383.070 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Exports: Agricultural Products (USD mn) | 216.790 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 84.790 Dec 2020 | quarterly | Dec 2018 - Dec 2020 |
| Exports: Intra-ASEAN: Vietnam (USD th) | 1,054,900.000 2019 | yearly | 2007 - 2019 |
| Exports: Extra-ASEAN: China (USD th) | 1,672,285.000 2019 | yearly | 2007 - 2019 |
| Exports: Extra-ASEAN: India (USD th) | 90,608.000 2019 | yearly | 2008 - 2019 |
| Imports: Intra-ASEAN: Thailand (USD th) | 2,916,473.000 2019 | yearly | 2010 - 2019 |
| Imports: Intra-ASEAN: Vietnam (USD th) | 451,468.000 2019 | yearly | 2010 - 2019 |
| Imports: Extra-ASEAN: China (USD th) | 1,681,038.000 2019 | yearly | 2010 - 2019 |
| Imports: Extra-ASEAN: Japan (USD th) | 118,206.000 2019 | yearly | 2010 - 2019 |
| Exports: Intra-ASEAN: Thailand (USD th) | 2,406,849.000 2019 | yearly | 2007 - 2019 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | -10.4 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| Current Account Balance: % of GDP (%) | -7.0 2019 | yearly | 1984 - 2019 |
| Foreign Direct Investment (USD mn) | 246.5 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Foreign Direct Investment: % of GDP (%) | 4.0 2019 | yearly | 1988 - 2019 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -0.0 Sep 2020 | quarterly | Mar 1994 - Sep 2020 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2019 | yearly | 1984 - 2019 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -91.388 Sep 2020 | quarterly | Mar 1999 - Sep 2020 |
| Foreign Portfolio Investment (USD mn) | -0.252 Dec 2020 | quarterly | Mar 1994 - Dec 2020 |
| External Debt (USD mn) | 9,935.6 2019 | yearly | 1996 - 2019 |
| External Debt: % of GDP (%) | 52.6 2019 | yearly | 1996 - 2019 |
| Forecast: Current Account Balance (USD bn) | -1.896 2026 | yearly | 1980 - 2026 |
| BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: France (USD th) | 440,000.000 2019 | yearly | 2000 - 2019 |
| FDI: Korea (USD th) | 0.000 2019 | yearly | 2000 - 2019 |
| FDI: Thailand (USD th) | 722,969.507 2019 | yearly | 2000 - 2019 |
| FDI: China (USD th) | 1,072,237.229 2019 | yearly | 2000 - 2019 |
| FDI: Vietnam (USD th) | 64,508.549 2019 | yearly | 2000 - 2019 |
| FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
| FDI: Mining and Quarrying (USD mn) | 126.792 2017 | yearly | 2015 - 2017 |
| FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
| Foreign Direct Investment (FDI) (USD mn) | 9,819.134 2019 | yearly | 2000 - 2019 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.1 Sep 2020 | quarterly | Dec 2017 - Sep 2020 |
| Money Supply M1 (USD mn) | 1,725.887 Dec 2020 | quarterly | Dec 2005 - Dec 2020 |
| Money Supply M2 (USD mn) | 12,138.709 Dec 2020 | quarterly | Dec 2005 - Dec 2020 |
| M2 Growth (%) | 17.0 Dec 2020 | quarterly | Dec 1992 - Dec 2020 |
| Reserve Requirement Ratio (%) | 4.0 Mar 2021 | monthly | Jan 2002 - Mar 2021 |
| Foreign Exchange Reserves (USD mn) | 1,319.2 Dec 2020 | monthly | Dec 1988 - Dec 2020 |
| Foreign Exchange Reserves: Months of Import (NA) | 3.3 Sep 2020 | quarterly | Mar 2004 - Sep 2020 |
| Gold Reserves (USD mn) | 34.574 May 2019 | monthly | Jan 1989 - May 2019 |
| Total Deposits (USD mn) | 12,028.146 Dec 2020 | quarterly | Dec 2004 - Dec 2020 |
| Total Deposits Growth (%) | 18.4 Dec 2020 | quarterly | Dec 2005 - Dec 2020 |
| Domestic Credit (USD mn) | 9,898.7 Dec 2020 | quarterly | Dec 1991 - Dec 2020 |
| Domestic Credit Growth (%) | 7.3 Dec 2020 | quarterly | Dec 1992 - Dec 2020 |
| Total Loans (USD mn) | 8,430.795 Dec 2020 | quarterly | Dec 2004 - Dec 2020 |
| Total Loans Growth (%) | 6.19 Sep 2020 | quarterly | Dec 2005 - Sep 2020 |
| Private Debt: % of Nominal GDP (%) | 41.79 2019 | yearly | 2012 - 2019 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 112,574.384 Dec 2020 | quarterly | Dec 1991 - Dec 2020 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 16,005.878 Dec 2020 | quarterly | Dec 1991 - Dec 2020 |
| Reserve Requirement Rate: LAK (%) | 4.000 2020 | yearly | 1989 - 2020 |
| Commercial Banks (CB): Deposits (LAK bn) | 111,549.030 Dec 2020 | quarterly | Dec 2004 - Dec 2020 |
| Commercial Banks (CB): Loans: Total (LAK bn) | 78,187.191 Dec 2020 | quarterly | Dec 2004 - Dec 2020 |
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