Laos recorded a Current Account surplus of 1.20 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Laos averaged -8.66 percent of GDP from 1980 until 2023, reaching an all time high of 2.28 percent of GDP in 2021 and a record low of -26.90 percent of GDP in 2009. source: Bank of the Lao PDR
Current Account to GDP in Laos is expected to reach -6.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Current Account to GDP is projected to trend around -9.00 percent of GDP in 2025, according to our econometric models.