*Laos, Economy
Overview:
One of the world's poorest nations, Laos has had a Communist centrally
planned economy with government ownership and control of productive
enterprises of any size. In recent years, however, the government has been
decentralizing control and encouraging private enterprise. Laos is a
landlocked country with a primitive infrastructure; that is, it has no
railroads, a rudimentary road system, limited external and internal
telecommunications, and electricity available in only a limited area.
Subsistence agriculture is the main occupation, accounting for over 60% of
GDP and providing about 85-90% of total employment. The predominant crop is
rice. For the foreseeable future the economy will continue to depend for its
survival on foreign aid from the IMF and other international sources; aid
from the former USSR and Eastern Europe has been cut sharply.
National product:
GDP - exchange rate conversion - $900 million (1991)
National product real growth rate:
4% (1991)
National product per capita:
$200 (1991)
Inflation rate (consumer prices): 10% (1991)
Unemployment rate:
21% (1989 est.)
Budget:
revenues $83 million; expenditures $188.5 million, including capital
expenditures of $94 million (1990 est.)
Exports:
$72 million (f.o.b., 1990 est.)
commodities:
electricity, wood products, coffee, tin
partners:
Thailand, Malaysia, Vietnam, USSR, US, China
Imports:
$238 million (c.i.f., 1990 est.)
commodities:
food, fuel oil, consumer goods, manufactures
partners:
Thailand, USSR, Japan, France, Vietnam, China
External debt:
$1.1 billion (1990 est.)
Industrial production:
growth rate 12% (1991 est.); accounts for about 18% of GDP (1991 est.)
Electricity:
226,000 kW capacity; 990 million kWh produced, 220 kWh per capita (1992)
Industries:
tin and gypsum mining, timber, electric power, agricultural processing,
construction
Agriculture:
accounts for 60% of GDP and employs most of the work force; subsistence
farming predominates; normally self-sufficient in nondrought years;
principal crops - rice (80% of cultivated land), sweet potatoes, vegetables,
corn, coffee, sugarcane, cotton; livestock - buffaloes, hogs, cattle,
poultry
Illicit drugs:
illicit producer of cannabis, opium poppy for the international drug trade,
third-largest opium producer
*Laos, Economy
Economic aid:
US commitments, including Ex-Im (FY70-79), $276 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $605 million;
Communist countries (1970-89), $995 million
Currency:
1 new kip (NK) = 100 at
Exchange rates:
new kips (NK) per US$1 - 710 (May 1992), 710 (December 1991), 700 (September
1990), 576 (1989), 385 (1988), 200 (1987)
Fiscal year:
1 July - 30 June
*Laos, Communications
Railroads:
none
Highways:
about 27,527 km total; 1,856 km bituminous or bituminous treated; 7,451 km
gravel, crushed stone, or improved earth; 18,220 km unimproved earth and
often impassable during rainy season mid-May to mid-September
Inland waterways:
about 4,587 km, primarily Mekong and tributaries; 2,897 additional
kilometers are sectionally navigable by craft drawing less than 0.5 m
Pipelines:
petroleum products 136 km
Ports:
none
Airports:
total:
54
usable:
41
with permanent-surface runways:
8
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
1
with runways 1,220-2,439 m:
15
Telecommunications:
service to general public practically non-existant; radio communications
network provides generally erratic service to government users; 7,390
telephones (1986); broadcast stations - 10 AM, no FM, 1 TV; 1 satellite
earth station
*Laos, Defense Forces
Branches:
Lao People's Army (LPA; including naval, aviation, and militia elements),
Air Force, National Police Department
Manpower availability:
males age 15-49 980,274; fit for military service 528,450; reach military
age (18) annually 43,849 (1993 est.)
Defense expenditures:
exchange rate conversion - $NA, NA% of GDP
*Latvia, Geography
Location:
Eastern Europe, bordering on the Baltic Sea, between Sweden and Russia
Map references:
Arctic Region, Asia, Europe, Standard Time Zones of the World
Area:
total area: 64,100 km2
land area:
64,100 km2
comparative area:
slightly larger than West Virginia
Land boundaries:
total 1,078 km, Belarus 141 km, Estonia 267 km, Lithuania 453 km, Russia 217
km
Coastline:
531 km
Maritime claims:
exclusive economic zone:
200 nm
territorial sea:
12 nm
International disputes:
the Abrene section of border ceded by the Latvian Soviet Socialist Republic
to Russia in 1944
Climate:
maritime; wet, moderate winters
Terrain:
low plain
Natural resources:
minimal; amber, peat, limestone, dolomite
Land use:
arable land:
27%
permanent crops:
0%
meadows and pastures:
13%
forest and woodland:
39%
other:
21%
Irrigated land:
160 km2 (1990)
Environment:
heightened levels of air and water pollution because of a lack of waste
conversion equipment; Gulf of Riga and Daugava River heavily polluted;
contamination of soil and groundwater with chemicals and petroleum products
at military bases