Lao PDR Economic Monitor, May 2011

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dc.creatorWorld Bank
dc.date2017-06-16T16:40:49Z
dc.date2017-06-16T16:40:49Z
dc.date2011-05
dc.date.accessioned2026-07-01T00:44:51Z
dc.descriptionLao PDR's real Gross Domestic Product (GDP) growth will remain robust in 2011 with projected growth of 8.6 percent compared to 8.4 percent in 2010. Natural resources and manufacturing sectors are expected to drive growth this year. The expected growth in the garment exports (by about 15-20 percent in this year) follows the European Union (EU) relaxation in raw material sourcing requirement and increased orders by key garment producers. The service sector also shows signs of improvement, particularly in transport, tourism (hotels and restaurants) and retail trading. Agriculture (fishery, livestock and crops) is expected to benefit from the recent increase in regional demand and higher food prices. Out of 8.6 percent growth in 2011, about 3.6 percentage points come from the resource sectors, about 1 percentage point each from manufacturing and agriculture, 0.5 percentage points from construction and 2.5 percentage points from services. Although overall trade balance is expected to improve the current account deficit is expected to widen slightly too about 9.4 percent of GDP in 2011 from about 8.6 percent in 2010 mainly on the account of larger transfers of profits and debt service payments abroad by large resource projects. Thus, resource current account surplus is expected to decrease to 4.8 percent of GDP in this year from about 5.5 percent in 2010.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/179001468045025924/Lao-PDR-economic-monitor-robust-growth-amidst-inflationary-concerns
dc.identifierhttps://hdl.handle.net/10986/27247
dc.identifierhttps://doi.org/10.1596/27247
dc.identifier.urihttp://hdl.handle.net/123456789/410339
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Vientiane
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectATM
dc.subjectBALANCE OF PAYMENTS
dc.subjectBARRIERS TO ENTRY
dc.subjectCHECKS
dc.subjectCLEARANCE SYSTEMS
dc.subjectCLEARANCE SYSTEMS
dc.subjectCOMMODITY PRICES
dc.subjectCOMPETITIVE DISADVANTAGE
dc.subjectCOMPETITIVE DISADVANTAGE
dc.subjectCREDIT UNIONS
dc.subjectCREDIT UNIONS
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT SURPLUS
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT SERVICE PAYMENTS
dc.subjectDEBT SERVICE PAYMENTS
dc.subjectDEBT SERVICES
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICE
dc.subjectEXCHANGE RATE POLICY
dc.subjectEXCHANGE RATE POLICY
dc.subjectEXPORT EARNINGS
dc.subjectEXPORT GROWTH
dc.subjectEXPORT PRICE
dc.subjectEXPORT VALUE
dc.subjectEXPORT VALUECOMMODITY PRICES
dc.subjectFOOD EXPORTS
dc.subjectFOOD EXPORTS
dc.subjectFREE TRADE AREA
dc.subjectFREE TRADE AREA
dc.subjectGLOBAL INTEGRATION
dc.subjectGLOBAL INTEGRATION
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTMENT INCENTIVES
dc.subjectNATIONAL TREATMENT
dc.subjectNATIONAL TREATMENT
dc.subjectNEIGHBORING COUNTRIES
dc.subjectNEIGHBORING COUNTRIES
dc.subjectNON-OIL COMMODITIES
dc.subjectPARTNER COUNTRIES
dc.subjectPARTNER COUNTRIES
dc.subjectPAYMENT SYSTEM
dc.subjectPAYMENT SYSTEMS
dc.subjectPAYMENTS
dc.subjectPREFERENTIAL TARIFF
dc.subjectPRICES
dc.subjectPRIVATE CREDITS
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY FRAMEWORK
dc.subjectROYALTIES
dc.subjectSALARY PAYMENTS
dc.subjectSALARY PAYMENTS
dc.subjectTRADE AREA
dc.subjectTRADE DEFICIT
dc.subjectTRADE DEFICIT
dc.subjectTRADE FACILITATION
dc.subjectTRADE FACILITATION ISSUES
dc.subjectTRADE FACILITATION ISSUES
dc.subjectTRADE INTEGRATION
dc.subjectTRADE REFORM
dc.subjectTRADE VOLUME
dc.subjectTRADE VOLUME
dc.subjectWORLD ECONOMY
dc.subjectWORLD ECONOMY
dc.subjectWORLD OUTPUT
dc.subjectWORLD OUTPUT
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectZERO TARIFF
dc.titleLao PDR Economic Monitor, May 2011
dc.titleRobust Growth amidst Inflationary Concerns
dc.typeReport
dc.typeRapport
dc.typeInforme

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