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WEEKLY NEWSLETTER
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Laos
Index
Estimates of the services sector's contribution to
GDP--
including wholesale and retail trade, transport and
communications,
tourism, and public administration--vary. However, the
trend
throughout the 1980s was an increasing share, from about
15 percent
of GDP in 1982 to about 25 percent in 1991. Employment in
the
services sector, as a percentage of the labor force,
increased from
13 percent in 1960 to 17 percent in 1980, remaining fairly
stable
through 1989. The sector grew at an average annual rate of
between
3 and 6 percent from 1980 to 1989, reaching a growth rate
of about
13 percent in 1989 but slowing to about 6 percent the
following
year.
Data as of July 1994
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