2 Laos Long form of country name: Lao People's Democratic Republic Location: Southeastern Asianortheast of Thailand, west of Vietnam
3 Economy overviewThe government of Laos - one of the few remaining official Communist states - began decentralizing control and encouraging private enterprise in The results, starting from an extremely low base, were striking - growth averaged 6% inDespite this high growth rate, Laos remains a country with a primitive infrastructure; it has no railroads, a rudimentary road system, and limited external and internal telecommunications.Subsistence agriculture accounts for half of GDP and provides 80% of total employment.The economy will continue to benefit from aid from the IMF and other international sources and from new foreign investment in food processing and mining.
4 Economic figures (2004 est.) GDP (purchasing power parity): $11.28 billionGDP - real growth rate: 6%GDP - per capita: PPP - $1,900Industries: tin and gypsum mining, timber, electric power, agricultural processing, construction, garments, tourismInflation rate (consumer prices): 12.3%Debt - external: $2.50 billion
8 Vietnam Socialist Republic of Vietnam Long form of country name:Socialist Republic of VietnamLocation: Southeastern Asia,bordering the Gulf of Thailand, Gulf of Tonkin, and South China Sea, alongside China, Laos, and Cambodia
9 Economy overviewVietnam is a densely-populated, developing country that in the last 30 years has had to recover from the ravages of war, the loss of financial support from the old Soviet Bloc, and the rigidities of a centrally planned economy.Substantial progress was achieved from 1986 to 1997 in moving forward from an extremely low level of development and significantly reducing poverty.Vietnam's membership in the ASEAN Free Trade Area (AFTA) and entry into force of the US-Vietnam Bilateral Trade in December 2001 have led to even more rapid changes in Vietnam's trade and economic regime.However, in 2004, high levels of inflation prompted Vietnamese authorities to tighten monetary and fiscal policies.
10 Economic figures (2004 est.) GDP (purchasing power parity): $227.2 billionGDP - real growth rate: 7.7%GDP - per capita: PPP - $2,700Unemployment rate: 1.9%Inflation rate consumer prices): 9.5%Investment (gross fixed): 36.6% of GDPIndustries: food processing, garments, shoes, machine-building, mining, cement, chemical fertilizer, glass, tires, oil, coal, steel, paperDebt - external: $16.55 billion
14 Cambodia Kingdom of Cambodia Long form of country name:Kingdom of CambodiaLocation: Southeastern Asia,bordering the Gulf of Thailand, between Thailand, Vietnam, and Laos
15 Economy overviewCambodia's economy slowed dramatically in 1997 and 1998 due to the regional economic crisis, civil violence, and political infighting, and foreign investment and tourism decreased.In 1999, the first full year of peace in 30 years, the government made progress on economic reforms. Growth resumed and remained about 5% from 2000 to 2004.With the January 2005 expiration of a WTO Agreement on Textiles and Clothing, Cambodia-based textile producers are in direct competition with lower priced producing countries such as China and India.The major economic challenge for Cambodia over the next decade will be fashioning an economic environment in which the private sector can create enough jobs to handle Cambodia's demographic imbalance. More than 50% of the population is 20 years or younger.
16 Economic figures (2004 est.) GDP (purchasing power parity): $26.99 billionGDP - real growth rate: 5.4%GDP - per capita: PPP - $2,000Labor force - by occupation: agriculture 75%Population below poverty line: 40%Inflation rate (consumer prices): 3.1%Investment (gross fixed): 20.9% of GDPIndustries: tourism, garments, rice milling, fishing, wood and wood products, rubber, cement, gem mining, textiles
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