Laos
On this page you will find beneficial information regarding foreign direct investment in / trading with Laos. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Communist State
Population: 7.529 million (2022)
GDP: 15.72 billion USD (2022)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 10% - 25%
Major Exports: Electricity ($2.38B), Gold ($852M), Rubber ($597M), Potassic Fertilizers ($583M), and Other Uncoated Paper ($448M), exporting mostly to Thailand ($3.29B), China ($2.73B), Vietnam ($978M), Australia ($351M), and United States ($281M).
Major Imports: Refined Petroleum ($1.25B), Gold ($332M), Other Electrical Machinery ($279M), Raw Sugar ($250M), and Cars ($208M), importing mostly from Thailand ($4.5B), China ($2.1B), Vietnam ($650M), Malaysia ($215M), and Singapore ($95.5M).
Investment Agency: Investment Promotion Department Ministry of Planning and Investment
Website: https://investlaos.gov.la/
National Chamber of Commerce: Lao National Chamber of Commerce and Industry
Website: https://www.lncci.la/
Customs Agency: Lao Customs Department
Website:
