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Laos Wholesale and Retail Trade
https://photius.com/countries/laos/economy/laos_economy_wholesale_and_retail~14.html
Sources: The Library of Congress Country Studies; CIA World Factbook
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    According to government statistics, the number of retail shops increased dramatically--by 44 percent--in just one year, to 21,600 in 1991, reflecting the response to relaxed restrictions on private trade and entrepreneurship as well as a renewed social acceptability of petty trade. Of these establishments, 97 percent are privately owned. During the same period, the number of stateowned shops decreased by one-third, to 600 stores. Wholesale and retail trade grew at a rate of 20 percent in 1989 and 1990. Retail trade was worth about K563,000 million (for value of the kip--see Glossary) in 1991, an increase of 38 percent over the preceding year.

    Data as of July 1994


    NOTE: The information regarding Laos on this page is re-published from The Library of Congress Country Studies and the CIA World Factbook. No claims are made regarding the accuracy of Laos Wholesale and Retail Trade information contained here. All suggestions for corrections of any errors about Laos Wholesale and Retail Trade should be addressed to the Library of Congress and the CIA.

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