| Economy of Laos Contributor(s): Kushnir, Ivan (Author) |
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ISBN: 1795191872 ISBN-13: 9781795191876 Publisher: Independently Published OUR PRICE: $7.72 Product Type: Paperback Published: January 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Statistics |
| Series: Economy in Countries |
| Physical Information: 0.15" H x 8.5" W x 11" (0.42 lbs) 72 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This book about the economy of Laos from the 1970s to the 2010s. Source data from UN Data. Size. In the 2010s, the gross domestic product of Laos was equal to $13.6 billion per year; the value of agriculture was $2.4 billion; the value of manufacturing was $1.1 billion. Since the share in the world is between .01% and .1%, the country is classified as a small economy. Productivity. In the 2010s, the GDP per capita was $2 025.5, the value of agriculture per capita was $351.9, the value of manufacturing per capita was $167.3. Since the productivity is less the average below average, the economy is classified as least developed. Growth. In the 2010s, the growth of GDP was 7.2%; the growth of agriculture was 2.6%; the growth of manufacturing was 6.9%. Structure. In the 2010s, the economy of Laos consisted of: industry (27.2%), services (27.2%), agriculture (19.3%), trade (16.5%), construction (6.3%), and transportation (3.4%). Export and import. In the 2010s, the import was 37.4% higher than the export, the net import was equal to 13.3% of the GDP. The technological structure of export is not better than the structure of import. Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase. |