Laos GDP Grows 4.2% in 2024 Driven by Energy and Tourism Sectors

2026.06.10 · 30 Read
Laos GDP Grows 4.2% in 2024 Driven by Energy and Tourism Sectors

Summary

Lao PDR achieved 4.2% GDP growth in 2024, driven by expansion in hydropower, tourism recovery and foreign investment.

Lao PDR achieved 4.2% GDP growth in 2024, driven by continued development across multiple key sectors.

Hydropower Remains Core Driver

The hydropower sector continues to be the main force driving economic growth, particularly electricity exports to neighboring countries.

Tourism Recovery

Since reopening, the tourism industry has been steadily recovering, with increasing numbers of visitors from China, Thailand and Vietnam.

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