Lao People's Democratic Republic

Services and electricity generation sustained solid GDP growth in 2015, though the pace moderated for a second due to fiscal constraints and lackluster demand for minerals. Electricity production and associated construction should maintain growth as more new hydropower plants come online this year.

However, rising external debt has become a serious risk, according to an IMF-WB analysis. There is also a high current account deficit and low import cover.

Source: Asian Development Outlook 2016, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 1.0 (Sep17)1.0 994.0
Broad Money Growth 2 17.3 (Mar17)17.3 12.4
Headline Inflation Rate 3 0.2 (Aug17)0.0 1.9
Merchandise Export Growth 3 8.5 (Jun17)8.5 26.7
1 Monthly average, local index.
2 %.
3 y-o-y, %.
Source: Bloomberg LP; CEIC database.


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