Laos recorded a Current Account surplus of 202.52 USD Million in the third quarter of 2020. source: Bank of the Lao PDR

Current Account in Laos averaged -165.02 USD Million from 2004 until 2020, reaching an all time high of 202.52 USD Million in the third quarter of 2020 and a record low of -675.98 USD Million in the third quarter of 2018. 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 January of 2021.

Current Account in Laos is expected to be -548.60 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 2022, according to our econometric models.

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Laos Current Account

Actual Previous Highest Lowest Dates Unit Frequency
202.52 -143.15 202.52 -675.98 2004 - 2020 USD Million Quarterly

Laos Trade Last Previous Highest Lowest Unit
Balance of Trade 312.66 -3.18 312.66 -630.13 USD Million [+]
Current Account 202.52 -143.15 202.52 -675.98 USD Million [+]
Current Account to GDP -7.20 -7.90 1.96 -26.90 percent [+]
Imports 1245.96 1231.61 1834.84 124.40 USD Million [+]
Exports 1558.62 1228.43 1558.62 11.50 USD Million [+]
Gold Reserves 0.88 0.88 8.88 0.33 Tonnes [+]
Terrorism Index 0.44 1.03 2.11 0.00 [+]
Tourism Revenues 934.70 811.00 934.70 6.30 USD Million [+]
Tourist Arrivals 4791065.00 4186432.00 4791065.00 102946.00 [+]
External Debt 9935.62 9320.50 9935.62 769.60 USD Million [+]
Foreign Direct Investment 181.12 171.22 579.76 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).