Publication

Infographic Country Brief:

Lao PDR

  • April 04, 2018

  • Publications, guides and communication materials

Summary

Lao PDR is the 13th fastest growing economy globally and has observed significant poverty reduction in the last decade. Although women’s participation in labour force is higher than men’s, there is significant wage inequality. The general population remains relatively financially excluded, with over half of adults still saving informally and 81% being excluded from access to credit.

The financial sector has recently launched digital financial services and with relatively few bank branches, there is significant demand for mobile financial services. Low access to internet is a barrier to digital finance, even though mobile phone subscription is high.

Download the infographic for a complete picture of the financial inclusion and the real + digital economy context of Lao PDR.

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