Lao PDR 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$15.84 billion
↑ 2.42% vs 2022GDP per Capita
$2,066.95
↑ 1.00% vs 2022GDP Growth (Annual %)
3.75%
↑ 1.04pp vs 2022Inflation Rate (CPI %)
31.23%
↑ 8.27pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $15.47 billion | $15.84 billion | +2.42% |
| GDP per Capita | $2,046.40 | $2,066.95 | +1.00% |
| GDP Growth (Annual %) | 2.71% | 3.75% | +1.04pp |
| Inflation (CPI %) | 22.96% | 31.23% | +8.27pp |
| Unemployment Rate (%) | 1.21% | 1.19% | -0.02pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $15.84 billion
- GDP per Capita
- $2,066.95
- GDP Growth (Annual %)
- 3.75%
- Gross National Income
- $14.69 billion
Prices & Employment
- Inflation (CPI %)
- 31.23%
- Inflation (GDP Deflator %)
- 24.42%
- Unemployment Rate (%)
- 1.19%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- 2.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Lao PDR's Gross Domestic Product (GDP) is $15.84 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Lao PDR for 2023 is $2,066.95. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Lao PDR for 2023 is 31.23%. This measures the annual percentage change in the cost of consumer goods and services.
Lao PDR's annual GDP growth rate for 2023 is 3.75%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Lao PDR for 2023 is 1.19%. This represents the percentage of the labor force that is unemployed and actively seeking employment.