Development Centre


Multi-dimensional Review of Lao PDR

Financing Sustainable Development

Lao People’s Democratic Republic (Lao PDR) has made significant headway on its development path over the past three decades. The country’s sustained economic growth has been led by booming commodity exports and substantial inflows of external financing. Many Laotians have seen significant improvements in their well-being. Poverty has declined as household income has increased, and many important development goals in education and health have been achieved. In the face of macroeconomic challenges, a shift from commodity-driven growth to a more inclusive prosperity paradigm that emphasises the creation of broad-based opportunities, human capital development and green sustainability can unlock Lao PDR’s future development. This report presents priorities for overcoming the country’s current fiscal constraints and finding ways to fund this shift. Recommendations address strengthening Lao PDR’s sustainable finance and debt management, revenue generation and tax reform, investment promotion, and data capacity in order to tap into green finance mechanisms.

Published on June 06, 2024

In series:OECD Development Pathwaysview more titles


Abbreviations and acronyms
Facts and figures of Lao PDR
Executive summary
Overview: Pathways for financing the sustainable development of Lao PDR
Development diagnostic: Prosperity, people, planet
Opportunities and challenges in Lao PDR’s sustainable development financing landscape
Generating sustainable fiscal revenue
Fostering sustainable investment in Lao PDR
Strengthening environment statistics to support sustainable development
Annexes2 chapters available
Recommendations for Lao PDR to strengthen its sustainable development finance
Indicators to monitor implementation of recommendations
Powered by OECD iLibrary