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Laos
• Population: 6.758 million (2016) [8/10 in ASEAN]
• Area: 237,955 square kilometers [7/10 in ASEAN]
• Head of State: President Bounnhang Vorachith
• Head of Government: Prime Minister Thongloun Sisoulith
• System of Government: One-Party Socialist Republic
• Capital: Vientiane
• Major Religion: Buddhism 64.7%
• Major Cities: Vientiane (562,244); Savannakhet (93,277);
Pakxe (88,166)
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Currency: Kip
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Calling Code: +673
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Language(s): Lao
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Ministry of Foreign Affairs of Lao PDR Website: www.mofa.gov.la
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Industries: Mining (copper, tin, gold, gypsum); timber, electric power, agricultural processing, rubber, construction, garments, cement, tourism
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Top Exports: Total $3.15B USD; Copper Ore ($956M), Refined Copper ($348M), Video Recording Equipment ($168M), Flavored Water ($155M) and Bananas ($140M)
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Top Imports: Total $214B USD;Refined Petroleum ($523M), Cars ($323M), Broadcasting Accessories ($210M), Flavored Water ($137M) and Delivery Trucks ($119M).
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The Top Export Destinations 2016: $3.15B China ($1.26B), Thailand ($926M), Vietnam ($506M), India ($87.3M) and Japan ($57M)
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The Top Import Origins 2016: $3.87B Total China ($986M), South Korea ($126M), Japan ($116M), Singapore ($46.6M) and Germany ($36.8M).
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Financial Data:
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2016 GDP: 15.9 billion USD [9/10 in ASEAN]
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2016 GDP Per Capita: 2,353 USD [7/10 in ASEAN]
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2015 Total Foreign Direct Investment: 1.0791B [9/10 in ASEAN]
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Economic Growth (GDP, annual variation in %): 7.02 [1/10 in ASEAN]
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Exports: $3.15B USD
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Imports: $3.87B USD
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Inflation, consumer prices (annual %) 2016: 1.509%
Laos
