Laos - Country Commercial Guide
Tourism Infrastructure and Resorts

This is a best prospect industry sector for this country.  Includes a market overview and trade data.

Last published date: 2022-07-30

Overview

Table: Travel and Tourism Contribution to GDP in Laos

 

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Gross Domestic Product (GDP) USD BN

8.3

9.4

11.2

11.7

12.6

15.9

17

17.9

18.2

19.1

Percentage of GDP - Travel & Tourism Total Contribution to GDP

14.6

15.0

14.2

14.1

14

14

13.7

12

10 

4.8

The tourism industry in Laos is developing rapidly, with several five-star resorts open or expected to open in the coming years.  Although the travel and tourism sector saw significant growth in 2015 and 2016, tourism’s relative share of GDP substantially fluctuated in recent years averaging 12.5 percent from 2016-1019, before the onset of the COVID-19 global pandemic.  The major tourist destination is the world heritage site and ancient capital of Luang Prabang, but other areas including Champasak province and Vang Vieng are also attracting more visitors, especially Chinese and Korean tourists.  Since the end of 2019, the tourism industry was sorely impacted by the COVID-19 pandemic which led to a substantial drop in visitors to Laos.  The opening of the Lao-China Railway is expected to increase the number of tourist arrivals from around the world, especially China, however uncertainty remains due to the pandemic and continued PRC pandemic mitigation policies.

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