Laos [+]Compare [E]dit [H]istory

Aliases: Lao People's Democratic Republic, Mueang Lao (unofficial), Sathalanalat Paxathipatai Paxaxon Lao

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Object «Laos» has attributes

Attribute Value
Geography
Area 236,800 km²
Continent Asia
Land area 230,800 km²
Water area 6,000 km²
Land boundaries 5,274 km
Border countries
  • Burma
  • Cambodia
  • China
  • Thailand
  • Vietnam
Coastline 0 km
Mean elevation 710 m
Lowest point 70 m
Highest point 2,817 m
People
Population 7,447,396
Official languages
  • Lao
Religion Buddhist
Government
Long country name Lao People's Democratic Republic
Short country name Laos
Long local name Sathalanalat Paxathipatai Paxaxon Lao
Short local name Mueang Lao (unofficial)
Former name Add
Government type Communist state
Capital Vientiane
Economy
GDP (PPP) 49,340,000,000 USD
GDP (OER) 16,970,000,000 USD
GDP (real growth rate) 6.9 %
GDP - per capita (PPP) 7,400 USD
Gross national saving 22.7 % of GDP
Labor force 3,582,000
Unemployment rate 0.7 %
Population below poverty line 22 %
Budget revenues 3,099,000,000 USD
Budget expenditures 4,038,000,000 USD
Military expenditures 0.19 % of GDP
Taxes and other revenues 18.3 % of GDP
Budget surplus or deficit -5.5 % of GDP
Public debt 63.6 % of GDP
Inflation rate 0.8 %
Central bank discount rate 4.3 %
Commercial bank prime lending rate 18.5 %
Stock of narrow money 1,131,000,000 USD
Stock of broad money 1,131,000,000 USD
Stock of domestic credit 9,300,000,000 USD
Market value of publicly traded shares 1,012,000,000 USD
Current account balance -2,057,000,000 USD
Exports 3,654,000,000 USD
Imports 4,976,000,000 USD
Reserves of foreign exchange and gold 1,270,000,000 USD
External debt 14,900,000,000 USD
National currency kips
National currency (code) LAK
National currency (symbol)
National currency rate to USD 8

Modern-day Laos has its roots in the ancient Lao kingdom of Lan Xang, established in the 14th century under King FA NGUM. For 300 years Lan Xang had influence reaching into present-day Cambodia and Thailand, as well as over all of what is now Laos. After centuries of gradual decline, Laos came under the domination of Siam (Thailand) from the late 18th century until the late 19th century, when it became part of French Indochina. The Franco-Siamese Treaty of 1907 defined the current Lao border with Thailand. In 1975, the communist Pathet Lao took control of the government, ending a six-century-old monarchy and instituting a strict socialist regime closely aligned to Vietnam. A gradual, limited return to private enterprise and the liberalization of foreign investment laws began in 1988. Laos became a member of ASEAN in 1997 and the WTO in 2013.

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There was one edit, no edits waiting approval. Last edited by romaguera.shemar(9697), Sep 16, 2019 (63 fields were changed)
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