Laos recorded a Current Account deficit of 22838 USD Million in the second quarter of 2019. Current Account in Laos averaged -492.06 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 -22838 USD Million in the second quarter of 2019.
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 -525.80 in 12 months time. In the long-term, the Laos Current Account is projected to trend around -548.60 USD Million in 2020, according to our econometric models.