Laos: Growth is firm, fundamentals are weak

​Solid growth hindered by a weak business environment

 

Real economic growth is set to remain firm. GDP is estimated to rise at above +6.5% in both 2018 and 2019. Strong competitive advantages such as cheap labour costs, natural resources, and a strategic location coupled with a rise in foreign demand, support exports. 

CR-Laos-Dec17.pdfCR-Laos-Dec17.pdf