%

Growth Rate

The Lao People’s Democratic Republic has been experiencing robust economic growth, maintaining above 7% GDP growth for the last 10 years

But growth is not inclusive...

and poverty is still pervasive

1in5

1 in 5 people still living in poverty

The Lao PDR has the youngest population among ASEAN nations

Population of Lao PDR

Source: World Bank (2013)

increasing to 8.8 million by year 2030

%

population aged below 25 years

An increase in the working age population and decrease in dependents over the coming decades presents an opportunity for further growth

Age Profile

(2010 – 2050)

16px-Magnifying_glass_icon.svgPlease click on graph to view larger image

[Source: United Nations, http://esa.un.org]

But will the new entrants to the labour market be equipped to take advantage...

  • AGRICULTURE 66%
  • SERVICES 26%
  • MANUFACTURING 7%
  • MINING AND ENERGY 1%

Workers in each industry sector

Natural resources are an engine of growth, but does little to create jobs

7 out of 10 workers are farmers,
but agriculture produces less than 3% GDP

  • AGRICULTURE 26%
  • SERVICES 42%
  • MANUFACTURING 10%
  • MINING AND ENERGY 22%

Growth outputs per industry sector

Are Lao workers equipped with the skills sought by more productive jobs in other sectors......

This means that the benefits of growth are not shared equally and the majority of the population are being left behind

Social protection can address this concern and help Lao PDR achieve middle income country status

ຕິດຕາມ ໂດຍ ເຟສບຸກ/Follow us on Facebook

ຕິດຕໍ່ພວກເຮົາ/Contact us

Social Protection and Sustainable Livelihoods is an Australian government funded project implemented in collaboration with the Ministry of Labour and Social Welfare and managed by Maxwell Stamp PLC
Australian Aid
Ministry of Labour and Social Welfare
Maxwell Stamp PLC
Hom 1, Unit 17, Ban Nakham, Sikhottabong District, Vientiane Capital, Lao PDR Telephone: + 856 21 255334-6  |  Fax: +856 21 255337