Socio-Economic Development

Laos Inflation Reaches 7.7% in August, Remains Above Target

Laos’ inflation rate reached 7.7 percent in August, a slight increase from 7.6 percent in July, while average inflation for the first eight months of the year stood at 7.9 percent. Housing, water supply, electricity and cooking fuel recorded the largest increase, rising 30.2 percent from the same period last...

Laos Tightens Foreign Borrowing Rules as Debt Risks Persist

Laos has tightened controls on foreign borrowing as the government seeks to limit debt...

Laos Economy Grows 5% in Year’s First Half, Government Holds to 6% Target

Laos’ economy expanded 5 percent in the first half of 2026, helped by a...

Laos Moves to Update Electricity Law for Energy Sector Shift

Laos is moving to update its electricity sector as the government prepares to adopt...

Laos Cuts 7-Day Base Interest Rate to 7% as Economic Risks Persist

The Bank of Laos (BOL) has cut its seven-day base interest rate from 8...

Attapeu Approves Xekaman 1 Dam Tourism Development Project

Attapeu Province is taking a major step to expand its tourism sector with the approval of a 30-year concession to develop the area around...

ADB Lowers Laos’ 2025 Growth Forecast to 3.7 Percent Amid Economic Challenges

The Asian Development Bank (ADB) has lowered Laos’ 2025 GDP growth forecast from 3.9 percent to 3.7 percent, citing debt vulnerabilities, weak demand, and...

Laos Records Over USD 240 Million Trade Surplus in First Nine Months of 2025

Laos recorded a trade surplus of more than USD 240 million during the first nine months of 2025, the Ministry of Industry and Commerce...

Laos Economy Inches Forward as Inflation Eases in September, Exports Keep Rolling

The cost of living in Laos is still rising, but not as fast as before. New data from the Lao Statistics Bureau shows that...

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS) and Ecosystem-based Adaptation (EbA), calling them powerful tools for protecting...

New Incentives for Nature-Based Tourism Investment in Lao Forests

World Bank Laos - A decision announced today by the Lao Ministry of Agriculture and Environment will promote nature-based tourism in forested areas of...