Laos - economic data
Laos socialist economic policy since 2518, and began to reform the economy by the year 2529 "Policy imagined" (nem:.new economic mechanism) emphasized the importance of the price. According to market forces In business administration and more. By our economic relations with foreign countries. And attract foreign investment to invest in Laos more
.2554-2558 in Lao PDR. Would be in the National Economic and Social Development Plan No. 7 and targets. That will take the country out of the list of least developed countries (least developed countries: ldcs) to the year 2563
.From gross domestic product (gdp) in Laos since 2545 to 2553 showed a continued growth. In addition, the value of exports - imports of goods have increased steadily as well.Economy of Laos That is currently being developed Growth and exposure to changes in the economy in addition to the face value. Exports - imports increased. Affect employment and income for the people within the country as well.Increased steadily in the past (2545:.327 USD per person / year, which increased to 986 USD per person / year in 2553), although such income. Is not very high compared to the country. Other developing However, the trend to an increase in per capita income.Themselves higher And inevitably impact on trade
.Laos has a rich array of resources. Whether the forest And large agricultural areas As well as minerals such as iron, lead, tin, gypsum, coal and oil to gold jewelry.Electricity exports earn the country as much
.Major import products: motorcycles. Appliances and components Consumables
Its major exports: sawn timber, wood products, metal ores, coal, garment.
Major import markets.Thailand, China, Vietnam, Singapore, Japan, Australia, Germany
key export markets: Thailand, Vietnam, France, Japan, Germany, USA, Britain, Netherlands
currency and exchange rates: currency lao
.Kip (kip) abbreviations lak
exchange rate: 258 baht hooves = 1
(from May 2556): U.S. $ 1 = 7,662 kip
weaknesses / strengths: Lao
Strengths: There are a variety of natural resources. And fertility Especially water and minerals
.Political stability
wages are relatively low (2.06 U.S. dollars per day, or approximately 60 baht)
Weaknesses: infrastructure has not been developed as it should
.Most of the mountainous highlands and the transportation is convenient. Landlocked
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