Saturday, 25 June 2011

Economy of Laos

Economy of Laos
Markt Luang Prabang.jpg
A street market in Luang Prabang
Currency Lao Kip
Fiscal year 1 October - 30 September
Trade organisations ASEAN
Statistics
GDP per capita $2,300 (PPP; 2009 est.)
GDP by sector services (37%), industry (33.1%), agriculture (29.9%) (2009 est.)
Inflation (CPI) 0% (2009 est.)
Population
below poverty line
26% (2009 est.)
Labour force 3.65 million (2009 est.)
Labour force
by occupation
agriculture (42.6%), industry (20.2%), services (37.1%) (2005 est.)
Unemployment 2.5% (2009 est.)
Main industries copper, tin, gold, and gypsum mining; timber, electric power, agricultural processing, construction, garments, cement, tourism
Ease of Doing Business Rank 171
External
Exports $1.104 billion (2009 est.)
Export goods wood products, garments, electricity, coffee, tin, copper, gold
Main export partners Thailand 29.18%, China 15.04%, Vietnam 14.96%, UK 4.29% (2009)
Imports 1.308 billion (2009 est.)
Import goods machinery and equipment, vehicles, fuel
Main import partners Thailand 66.2%, China 11.45%, Vietnam 5.3% (2009)
Gross external debt $3.085 billion (2009 est)
Public finances
Public debt $3.179 billion (2006)
Revenues $941.5 million
Expenses $1.129 billion (2009 est.)
Economic aid $345 million (1999 est.)