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: 7.4 million (2021)
GDP: 18.26 billion USD (2021)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 10% - 25%
Major Exports: Electricity ($1.96B), Gold ($1.79B), Other Uncoated Paper ($508M), Copper Ore ($339M), and Rubber ($300M), exporting mostly to Thailand ($2.99B), China ($2.48B), Vietnam ($1.24B), Australia ($693M), and Switzerland ($253M).
Major Imports: Refined Petroleum ($734M), Gold ($646M), Cars ($252M), Broadcasting Equipment ($168M), and Delivery Trucks ($111M), importing mostly from Thailand ($4B), China ($1.67B), Vietnam ($680M), Switzerland ($267M), and Japan
Investment Agency: Investment Promotion Department Ministry of Planning and Investment
National Chamber of Commerce: Lao National Chamber of Commerce and Industry
Customs Agency: Lao Customs Department