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Apart from agriculture (20% GDP, dominated by rice cultivation), the economy is dependent on natural resource exports (hydropower, copper and gold mining, logging) and construction.
Laos' growth has amongst the fastest in Asia, averaging more than 7% per year for most of the last decade.
Laos' infrastructure is still underdeveloped (no railway, poor roads condition), and 73% of the workforce is employed in agriculture
Weak currency (1 USD buys more than 8,000 LAK) which has been constantly losing value since 2013, though this occurred without sharp fluctuations
Medium to high, incresing from 58% in 2016
Low
English is understood in the main urban and touristic areas
Very high level of corruption
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4.1.0
Version 4.1.0 - Last update 09-jun-24