Laos SWOT Analysis & Macroeconomic Trends 麻豆原创 Research Report

Publication ID:

MRR0720015

Publication Date:

July 23, 2020

Pages:

Publisher:

麻豆原创 Research Reports, Inc

Countries:

Laos [1]

USD 350.00

Business & Government [2]

Country SWOT Analysis [3]

Description:

Travel and tourism, transport, ICT, insurance & finance, electrical energy, copper ore, machinery, coffee, wood, natural rubber, automotive, electrical goods, electronics and textiles are major industries of Laos. In 2017, Agriculture industry contributed 20.9% to GDP of Laos. Manufacturing had a share of 33.2% while services industry had a share of 45.9% of GDP in 2017.

In 2018, Services industry exports was valued at USD 921 million for Laos. Electronics export accounted for USD 690 million, machinery for USD 65.7 million, vehicles for USD 22.6 million, chemicals for USD 512 million, metals for USD 523 million, minerals for USD 2.16 billion, stones for USD 70.4 million, textiles for USD 348 million and agriculture for USD 1.15 billion in 2018.

Laos officially Lao People's Democratic Republic (PDR), a landlocked country in Southeast Asia, is bordered by Burma and China to the northwest, Vietnam to the east, Cambodia to the south, and Thailand to the west. Lao PDR is ruled by a single party Communist government. It was a former French colony that gained independence in 1954. The population is approximately 7 million, with most living in rural areas. Lao is the official language, with French still utilised in some parts of the capital of Vientiane. Thai is common along the border areas and in the capital. The official currency of Lao PDR is the kip (LAK).

Laos is estimated to have population of 6.973 million in the year 2020 and expected to reach 7.383 million by 2024, growing at a CAGR of 1.83%.

Laos鈥檚 real gross domestic product (GDP) was LAK 1,29,534.175 billion in 2019 and due to COVID-19 outbreak it is estimated to grow by 0.723% to be around LAK 1,30,470.707 billion in 2020.

Laos鈥檚 unemployment rate was 0.626% of total labor force in 2019. Due to slowdown in global economic activity due to COVID-19 pandemic the unemployment is expected to increase by 17.63% and reach 0.76% in 2020.

Laos鈥檚 per capita GDP was estimated at USD 2,931.80 whereas purchasing power parity (PPP) based per capita GDP is estimated to be at USD 8,485.37 for the year 2019.

In 2019, Laos government鈥檚 revenue was estimated to be LAK 27,063.85 billion whereas the expenditure is estimated to be LAK 35,077.68 billion. This resulted in Laos government鈥檚 net lending / borrowing negative at LAK 8,013.83 billion in 2019 indicating that not enough financial resources were made available by the government to boost economic growth.

The current account balance for Laos was estimated to be negative at USD 4.789 billion for the year 2019 and is expected to further decrease at a CAGR of 0.45% and reach USD -4.898 billion by 2024. This negative current account balance indicates that Laos will remain a net borrower from the whole world till 2024.

In World Bank鈥檚 ease of doing business ranking Laos was ranked 154 out of 190 countries in 2019. Laos鈥檚 ease of doing business ranking has remained unchanged from 154th position in 2018.

Scope of Laos 鈥� SWOT Analysis and Macroeconomic Trends Report

This report provides information about key macroeconomic indicators for Laos.
This report provides SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis for Laos.
This report provides information on Coronavirus (COVID-19) pandemic related policy response of Laos.

Table Of Contents:

1. Executive Summary

Scope of Laos 鈥� SWOT Analysis and Macroeconomic Trends Report

Research Methodology

2. Laos - Country Overview

2.1 People Indicators

2.1.1 Population

2.1.2 Unemployment

2.2 National Accounts Indicators

2.2.1 Real Gross Domestic Product

2.2.2 Nominal Gross Domestic Product

2.2.3 Gross Domestic Product Deflator

2.2.4 Per Capita Gross Domestic Product

2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP

2.3 Monetary Indicators

2.3.1 Consumer Price Index (CPI) Inflation

2.4 Trade Indicators

2.4.1 Change in Import Volume of Goods & Services

2.4.2 Change in Export Volume of Goods & Services

2.5 Government Finance Indicators

2.5.1 Government Revenue

2.5.2 Government Expenditure

2.5.3 Government Net Lending / Borrowing

2.5.4 Government Gross Debt

2.6 Balance of Payment Indicators

2.6.1 Current Account Balance

2.7 Ease of Doing Business in Laos

3. SWOT Analysis of Laos

3.1 Strengths

3.2 Weaknesses

3.3 Opportunities

3.4 Threats

4. COVID-19 Related Policy Response of Laos

List of Exhibits

Notes

List of Exhibits

Exhibit 2.1 Population of Laos (in million)

Exhibit 2.2 Unemployment Level in Laos (in %)

Exhibit 2.3 Real GDP of Laos (in LAK billion)

Exhibit 2.4 Nominal GDP of Laos (in LAK billion)

Exhibit 2.5 Nominal GDP of Laos (in USD billion)

Exhibit 2.6 GDP Deflator Index for Laos

Exhibit 2.7 Per Capita GDP of Laos (in USD)

Exhibit 2.8 PPP Per Capita GDP of Laos (in USD)

Exhibit 2.9 Consumer Price Index (CPI) Inflation of Laos

Exhibit 2.10 Change in Import Volume of Goods & Services of Laos (in %)

Exhibit 2.11 Change in Export Volume of Goods & Services of Laos (in %)

Exhibit 2.12 Government Revenue of Laos (in LAK billion)

Exhibit 2.13 Government Revenue of Laos (in % of GDP)

Exhibit 2.14 Government Expenditure of Laos (in LAK billion)

Exhibit 2.15 Government Expenditure of Laos (in % of GDP)

Exhibit 2.16 Government Net Lending / Borrowing of Laos (in LAK billion)

Exhibit 2.17 Government Net Lending / Borrowing of Laos (in % of GDP)

Exhibit 2.18 Government Gross Debt of Laos (in LAK billion)

Exhibit 2.19 Government Gross Debt of Laos (in % of GDP)

Exhibit 2.20 Current Account Balance of Laos (in USD billion)

Exhibit 2.21 Current Account Balance of Laos (in % of GDP)

Exhibit 2.22 Laos - Ease of Doing Business Ranking from 2008-2019

Exhibit 3.1 SWOT Analysis of Lao P.D.R.

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.