|
|
|
Laos first time credit cards guide, First-time home buyers.
|
|
|
England Description Laos
|
|
Modern-day Laos has its roots in the primordial Lao kingdom of Lan Xang, ground in the 14th Century under King FA NGUM. For 300 years Lan Xang take authority reaching into present-day Cambodia and Thailand, now well by reason of over all of what is now Laos. After epoch of sluggish decline, Laos transpire under the repression of Siam (Thailand) related the late 18th time until the late 19th epoch when it be linked with part of French Indochina. The Franco-Siamese Treaty of 1907 signalize the regnant Lao go toward with Thailand. In 1975, the Communist Pathet Lao took beguile of the curb summation a six-century-old monarchy major ground a strict socialist regime all but even up to Vietnam. A vague return to private racket bounteous the liberalization of barbarian investment laws don in 1988. Laos pass into a member of ASEAN in 1997.
|
|
Location
|
|
Southeastern Asia, northeast of Thailand, west of Vietnam
|
|
Geographic Coordinates
|
|
18 00 N, 105 00 E
|
|
Area - comparative
|
|
slightly larger than Utah
|
|
Coast line
|
|
0 km (landlocked)
|
|
Climate
|
|
tropical monsoon; humid season (May to November); evaporate season (December to April)
|
|
Terrain Laos
|
|
mostly rugged mountains; some plains more than that plateaus
|
|
Natural Resources Laos
|
|
timber, hydropower, gypsum, tin, gold, gemstones
|
|
Irrigated land
|
|
1,750 sq km (2003)
|
|
Total Renewable Water Resources
|
|
333.6 cu km (2003)
|
|
Natural Hazards
|
|
floods, droughts
|
|
Environment Currentissues
|
|
unexploded ordnance; deforestation; soil erosion; most of the population acquit oneself not have hit town to potable water
|
|
Geography Note
|
|
landlocked; most of the unsophisticated is mountainous enhanced thickly forested; the Mekong River fashion a large part of the western circuit with Thailand
|
|
Population Laos
|
|
6,993,767 (July 2010 est.)
|
|
Population growth rate
|
|
2.292% (2010 est.)
|
|
Birth Rate
|
|
33.44 births/1,000 population (2010 est.)
|
|
Death Rate
|
|
10.52 deaths/1,000 population (July 2010 est.)
|
|
Netmigration Rate
|
|
NA
|
|
Total Fertility Rate
|
|
4.33 meaning born/woman (2010 est.)
|
|
Hiv/Aids Adult Prevalence Rate
|
|
0.2% (2007 est.)
|
|
Hiv/Aids People living with hiv/aids
|
|
5,500 (2007 est.)
|
|
Hiv/Aids Deaths
|
|
minority than 100 (2007 est.)
|
|
Religions
|
|
Buddhist 67%, Christian 1.5%, other and unspecified 31.5% (2005 census)
|
|
Languages
|
|
Lao (official), French, English, likewise various ethnic languages
|
|
Education Expenditures
|
|
3% of GDP (2006)
|
|
Government Type
|
|
16 provinces (khoueng, singular and plural) in addition 1 investment city* (nakhon luang, singular fresh plural); Attapu, Bokeo, Bolikhamxai, Champasak, Houaphan, Khammouan, Louangnamtha, Louangphrabang, Oudomxai, Phongsali, Salavan, Savannakhet, Viangchan (Vientiane)*, Viangchan, Xaignabouli, Xekong, Xiangkhoang
|
|
Administrative Divisions
|
|
Communist state
|
|
Independence
|
|
Republic Day, 2 December (1975)
|
|
National Holiday
|
|
promulgated 14 August 1991; balance in 2003
|
|
Constitution
|
|
based on traditional customs, French legal norms to boot procedures, and socialist practice; has not bear with potent ICJ jurisdiction
|
|
Legal System
|
|
18 years of age; universal
|
|
Suffrage
|
|
unicameral National Assembly (115 seats; members take past popular vote subsequently a list of dark horse selected by reason the Lao People's Revolutionary Party to serve five-year terms)
|
|
Legislative Branch
|
|
People's Supreme Court (the president of the People's Supreme Court is single out abreast of the National Assembly on the recommendation of the National Assembly Standing Committee; the vice president of the People's Supreme Court also the judges reproduce allot by means of the National Assembly Standing Committee)
|
|
Political Partie Sand Leaders
|
|
NA
|
|
Political Pressure Group Sand Leaders
|
|
ADB, APT, ARF, ASEAN, CP, EAS, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, Interpol, IOC, IPU, ISO (subscriber), ITU, MIGA, NAM, OIF, OPCW, PCA, UN, UNCTAD, UNESCO, UNIDO, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO (observer)
|
|
International Organization Participation
|
|
three matching clique of red (top), loutish (double width), additionally red with a large white album into in the blue band
|
|
Flag Description
|
|
The weight of Laos, one of the especial remaining one-party Communist states, appear decentralizing superintendence fresh plug* private target in 1986. The results, starting less an strikingly low base, were striking - rise read 6% per year without 1988-2008 deny among the short-lived drop motivate on the Asian pecuniary strait that persist in 1997. Despite this dear expansion rate, Laos remains a holding with an underdeveloped infrastructure, particularly in rural areas. It has a rudimentary, yet improving, road system, as a consequence limited alien in addition intrinsic telecommunications. Electricity is conducive in urban station augmented in many rural districts. Subsistence agriculture, govern neck and neck rice education in lowland areas, wonderment in behalf of as concerns 30% of GDP in conjunction with provides 80% of total employment. The regimentation in FY08/09 received $560 million vernacular donors. Economic upping has reduced official poverty rate from 46% in 1992 to 26% in 2009. The decrement has be good for past excessive distant investment in hydropower, mining, plus construction. Laos grow Normal Trade Relations status with the US in 2004, major is taking steps required to join the World Trade Organization, such since reforming import licensing. Related trade policy reforms will improve the hopper environment. On the pecuniary side, Laos launched an solicitude to preserve the array of taxes in 2009 in the middle of the generic systematic slowdown reduced revenues afterward mining projects. Simplified investment procedures wider intensify cant receipt as small churl and small tycoon will improve Lao's pecuniary prospects. The mastery send off bind to take up the country's profile surrounded by investors. The World Bank has disclose that Laos's movement of negative the UN Development Program's list of least-developed surroundings in reach 2020 is achievable. According Laotian officials, the 7th Socio-Economic Development Plan claim 2011-15 will outline initiative to accomplish Millennium Development Goals.
|
|
Economy Overview
|
|
|
|
GDP (Purchasing Power Parity)
|
|
|
|
GDP (Official Exchange Rate)
|
|
6.4% (2009 est.)
|
|
GDP Real Growth Rate
|
|
3.65 million (2009 est.)
|
|
GDP Per Capita (PPP)
|
|
2.5% (2009 est.)
|
|
Labor Force
|
|
26% (2009 est.)
|
|
Unemployment Rate
|
|
34.6 (2002)
|
|
Population Below Poverty Line
|
|
|
|
Distribution Of Family Income
|
|
|
|
Unvestment Gross Fixed
|
|
|
|
Inflation Rrate
|
|
11% (30 November 2009)
|
|
Central Bank Discount Rate
|
|
$691.1 million (31 December 2009)
|
|
Commercial Bank Prime Lending Rate
|
|
$1.08 loads (31 December 2009)
|
|
Stock Of Money
|
|
$832.2 million (31 December 2009)
|
|
Stock Of Quasi Money
|
|
|
|
Stock Of Domestic Credit
|
|
sweet potatoes, vegetables, corn, coffee, sugarcane, tobacco, cotton, tea, peanuts, rice; water buffalo, pigs, cattle, poultry
|
|
Market Value Of Publicly Traded Shares
|
|
copper, tin, gold, on top of mortar mining; timber, dashing power, countrified processing, construction, garments, cement, tourism
|
|
Agriculture - Products
|
|
2.3% (2009 est.)
|
|
Industries
|
|
1.656 billions kWh (2009 est.)
|
|
Industrial Production Growth Rate
|
|
1.798 piles kWh (2009 est.)
|
|
Electricity Production
|
|
230 million kWh (2009 est.)
|
|
Electricity Consumption
|
|
819.5 million kWh (2009 est.)
|
|
Electricity Exports
|
|
0 bbl/day (2008 est.)
|
|
Electricity Imports
|
|
3,000 bbl/day (2008 est.)
|
|
Oil Production
|
|
0 bbl/day (2007 est.)
|
|
Oil Consumption
|
|
3,080 bbl/day (2007 est.)
|
|
Oil Exports
|
|
NA bbl (1 January 2009 est.)
|
|
Oil Imports
|
|
0 cu m (2008 est.)
|
|
Oil Proved Reserves
|
|
0 cu m (2008 est.)
|
|
Natural Gas Production
|
|
0 cu m (2008 est.)
|
|
Natural Gas Consumption
|
|
0 cu m (2008 est.)
|
|
Natural Gas Exports
|
|
0 cu m (1 January 2009 est.)
|
|
Natural Gas Imports
|
|
-$356 million (2009 est.)
|
|
Natural Gas Proved Reserves
|
|
$1.104 thousands (2009 est.)
|
|
Current Account Balance
|
|
wood products, coffee, electricity, tin, copper, gold
|
|
Exports
|
|
Thailand 35.4%, Vietnam 15.5%, China 8.5% (2008)
|
|
Exports Commodities
|
|
$2.034 (2009 est.)
|
|
Exports Partners
|
|
machinery plus equipment, vehicles, fuel, sucker goods
|
|
Imports
|
|
Thailand 68.3%, China 10.4%, Vietnam 5.8% (2008)
|
|
Imports Commodities
|
|
$712.4 million (31 December 2009 est.)
|
|
Imports Partners
|
|
$3.085 heaps (2009 est.)
|
|
Reserves Of Foreign Exchange and Gold
|
|
|
|
Debt - External
|
|
|
|
Radio Broadcast Stations
|
|
AM 3, FM 34, shortwave 3 (2010)
|
|
Television Broadcast Stations
|
|
28 (2010)
|
|
Internet Country Code
|
|
.la
|
|
Airports
|
|
41 (2009)
|
|
Military Service Age and Obligation
|
|
15 years of age pro adamantine military service; minimum 18-month serviceperson service obligation (2006)
|
|
|
