Economy. The economy The Lao PDR. Well developed, respectively, in the 20 years since modified the socialist economic system, economic liberalization of the market in 2529 in Lao PDR. The economic expansion continues at an average rate. 6.2 percent per year, the population has increased from about US $ 200 in 2529 to 491 billion US dollars in the year 2548 the industry grew at a rate of not less than 10 percent per year, the electric power industry is the main branch of construction. the economy , however, Laos still faces problems that need early attention. The major Oil price issue Higher Trade deficit at a high rate. Currency instability hooves The store has been below target. And the corruption of Laos resources including wood, tin, gypsum, rock salt, iron, lead, zinc, gold, gems, marble, lignite, oil, and water power.
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