Laos is one of the fastest growing economies in Asia

While Laos is a poor country, it is rapidly improving in comparison to others in the region. Poverty has been cut in half in the last 20 years, while education and health have both improved. According to the World Bank, it has one of the fastest-growing economies in Southeast Asia and the Pacific, with a GDP of more than 8%.

The ability to supply hydroelectric power to neighbors China, Vietnam, and Thailand has greatly improved Laos' economy. While the majority of the country's population is unskilled, Laos' youth is also in its favor because a young population implies there is room for growth and learning new skills, as well as a large number of healthy workers.

Tourism is Laos' fastest growing business, so if you're seeking a cheap place to visit and want to support a country with a difficult history, consider visiting Laos. We had a great time exploring this unusual land!