Lao People's Democratic Republic and ADB

In the Spotlight

Overview

Mining, hydropower development, and private consumption spending continue to underpin economic growth in the Lao People's Democratic Republic. However, this economic transformation poses challenges for the country. Continued structural transformation and economic diversification is needed to expand opportunities, provide jobs for a young population, and enable inclusive growth. At the same time, high economic growth brings with it the demand for improved good governance and natural resource and environmental management.

ADB assistance has focused on responding to the Lao PDR’s changing development priorities, from an early emphasis on agriculture in the 1980s, to roads and transportation in the 1900s, and education, energy, and regional integration in the 2000s.

Fact Sheet


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Funding Information


Fast Facts

6.66(2013) Population in millions

2.2%(2008-2013) Average annual population growth rate

26%(2010) Population living below the national poverty line

Basic Statistics