Laos: Government
Key Figures
- Chief of State:
- President Thongloun Sisoulith
- Head of Government:
- Prime Minister Sonexay Siphandon
Overview
- Government Name:
- Lao People's Democratic Republic
- Constitution:
- Adopted: 1991; Protects the right to preserve the national culture, natural heritage, fine tradition, antiques and historical places of the country and its ethnic minorities, the right to transfer of technology, and the right to create artistic and literary works and to engage in cultural activities.
- Government Type:
- Communist state
Index of Economic Freedom
Grades each country on a scale of 0 to 100, based on ten freedoms, with 100 representing the greatest amount of economic autonomy from government intervention. Source: Heritage Foundation (2023)
Country Risk Rating
D
A high-risk political and economic situation and an often very difficult business environment can have a very significant impact on corporate payment behavior. Corporate default probability is very high. Source: Coface (2022)
Government Branches
| Main Powers | Election Process | Election Cycle 1 | |
|---|---|---|---|
| Executive | Appoints prime minister and cabinet, and is in charge of executory tasks of the government. |
Elected by National Assembly. |
5 years |
| Judicial | In charge of interpreting the constitution and upholding the law. |
Appointed by National Assembly Standing Committee. |
5 years |
| Legislative | Elects the president, approves appointments by president and is in charge of creating legislature. |
164 members elected by plurality vote in multi-member constituencies. |
5 years |
Regional Trade Blocs
International Organization Participation [2]
Environmental Agreements [3]
Tax Information [2]
- Tax Authority:
- Information not available
- Tax Name:
- Information not available
Sources:
- ElectionGuide http://www.electionguide.org/
- EY, http://www.ey.com
- CIA World Factbook, https://www.cia.gov/the-world-factbook/
- U.S. Bilateral Relations Fact Sheets http://www.state.gov/r/pa/ei/bgn/