Macro - Country Economic Forecasts - Laos

Macro - Country Economic Forecasts - Laos

The Laotian economy is likely to grow more slowly than expected in 2022, and accordingly we have cut our forecast to 5.8%, from 7.7%. While the services sector is set to drive a pickup in growth after the loosening of activity restrictions, headwinds to the economy continue to grow. External vulnerabilities are likely to pressure the depreciating currency, driving inflation higher and leading to tighter central bank policy.


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