Content type

Laos' Economy Not Out Of The Woods Yet

Country Risk / Laos / Tue 23 May, 2023

Key View

  • We maintain our view that the Laotian economy will continue to face severe economic challenges ahead, with growth likely to slow to 2.2% in 2023, from our own estimate of 2.5% in 2022.
  • Significant inflationary pressures have already prompted the central bank to raise interest rates to a multi-year high, while fiscal space is
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Laos’ Economic Challenges Showing Little Signs Of Abating

Country Risk / Laos / Tue 07 Mar, 2023

Key View

  • We have lowered our 2023 real GDP growth forecast for Laos to 2.2%, from 2.9% previously, which would mark a further slowdown from our own estimated growth rate of 2.5% in 2022.
  • Decades-high inflation and continued exchange rate weakness will likely weigh on private consumption and investment more significantly than we previously
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Risks To Stability In Laos Will Continue To Rise Through 2022

Country Risk / Laos / Thu 18 Aug, 2022

Key View

  • We at Fitch Solutions expect unrest risks in Laos to increase in the coming months, as persistent balance of payments pressures will continue to drive inflation and shortages.
  • Such pressures will require potentially painful fiscal measures, further adding to protest risks, while also opening Laos to foreign pressure in the longer
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Omicron Variant Poses Risks To Laos 2022 Growth Outlook

Country Risk / Laos / Tue 08 Mar, 2022

Key View

  • We at Fitch Solutions maintain our 2022 forecast at 5.7%, which is more a reflection of low base effects from low growth in 2020 and 2021 than strong activity on the ground.
  • With the Covid-19 outbreak subsiding, the economy is likely to see a broad recovery, though risks remain in the form of a looming Omicron outbreak later in
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Infrastructure Projects To Sustain Growth Momentum In Laos

Country Risk / Laos / Fri 24 May, 2019

Key View

  • The pace of growth in Laos eased again in 2018 for the fifth consecutive year, but we expect it to stabilise around the 6.5% level in the coming years.
  • Infrastructure development should drive strong growth in construction activity in the short term, though higher imports will lessen the overall impact on headline growth.
  • External
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