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COUNTRY HIGHLIGHTS

Laos > Country Highlights

COUNTRY HIGHLIGHTS FOR LAOS

Map of Laos

Geography

The topography of Laos is largely mountainous, with the Annamite Range in the northeast and east and the Luang Prabang Range in the northwest, among other ranges typically characterized by steep terrain.

Total Land Area
236,800 sq km/91,428 sq mi

Capital
Vientiane

GDP in US$ (Billion)

Economy

Currency  Lao Kip
LAK 12,387/US$ (April 30, 2022)

Major Economic Sectors
Agriculture 14%, Manufacturing 36%, Services 40%, Others 10%

Official Language
Lao language, also called Laotian, one of the Tai languages of Southeast Asia

Literacy Rate
85% (2018) for adults 15 years old and above.

GDP Growth (%)

Population

7.38 million (2022)
Young population.

Urban Population 36.3%

Labor Force Participation Rate
Above the 41% average in ASEAN

Labor force by Sector

Agriculture   61%
Industrial   13%
Services   26%

GDP Per Capita

US$ ‘000

About the Author

Sumit Dutta
Founder and Chief Executive Officer | Profile

Sumit Dutta is the Founder and Chief Executive Officer of ASEAN Business Partners. Prior to this, Sumit spent 26 years working for HSBC, one of the biggest banks in the world, in countries including Indonesia, Vietnam, USA, Hongkong and India.