Laos recorded a Current Account deficit of 349.83 USD Million in the fourth quarter of 2019.

Current Account in Laos averaged -130.73 USD Million from 2004 until 2019, reaching an all time high of 168.56 USD Million in the first quarter of 2012 and a record low of -668.17 USD Million in the first quarter of 2015. This page provides the latest reported value for - Laos Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Laos is expected to be -525.80 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Laos to stand at -548.60 in 12 months time. In the long-term, the Laos Current Account is projected to trend around -548.60 USD Million in 2021, according to our econometric models.

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Laos Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-349.83 -118.37 168.56 -668.17 2004 - 2019 USD Million Quarterly

Laos Trade Last Previous Highest Lowest Unit
Balance of Trade 20.37 -163.95 41.50 -734.71 USD Million [+]
Current Account -349.83 -118.37 168.56 -668.17 USD Million [+]
Current Account to GDP -7.20 -7.90 1.96 -26.90 percent [+]
Imports 1446.94 1577.81 1652.80 124.40 USD Million [+]
Exports 1467.31 1413.86 1467.31 11.50 USD Million [+]
Gold Reserves 0.90 0.90 8.90 0.30 Tonnes [+]
Terrorism Index 1.03 1.68 2.11 0.00 [+]
Tourism Revenues 785.90 648.10 785.90 6.30 USD Million [+]
Tourist Arrivals 4457675.00 3868838.00 4684429.00 102946.00 [+]
External Debt 9761.50 8561.20 9761.50 769.60 USD Million [+]
Foreign Direct Investment 170.70 103.32 913.24 8.00 USD Million [+]


Laos Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).