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The economy of Laos is a lower-middle income developing economy.Being a socialist state (along with China, Cuba, Vietnam, and North Korea), the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with openness to foreign direct investment and private ownership in a predominantly market ...
The figures are from the International Monetary Fund (IMF) World Economic Outlook Database, unless otherwise specified. [1] This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country.
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia: 1,475,690 5,509 2 26 Thailand: 548,890 7,557 3 31 Singapore
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Asian states for the latest years recorded in the CIA World Factbook.All sovereign states with United Nations membership and territory in Asia are included on the list apart from those who are also members of the Council of Europe.
Laos: 74,760: 2024: ... List of countries by real GDP growth rate; List of IMF ranked countries by GDP, IMF ranked GDP (nominal), GDP (nominal) per capita, ...
This is an alphabetical list of countries by past and projected gross domestic product per capita, ... Laos: 406: 465: 518: 567: 642: 727: 739: 683: 254: 265
The World Bank has recognized Laos as one of Southeast Asia and Pacific's fastest growing economies, with annual GDP growth averaging 7.4% since 2009, driven by expanding tourism, energy exports, and foreign investment.
The annual real GDP per capita growth in % according to the World Bank is shown for last available year: [1] Country GDP per capita ... Laos: 2.3: 2023