Key Market Indicators
Lao Passenger Transport Revenue is projected to soar to approximately $168 million by 2028, up from nearly $88 million in 2023. This represents a robust compound annual growth rate (CAGR) of 10%. Since the year 2000, the Lao market has experienced a significant yearly growth rate of 31.9%. In the global rankings for 2023, Laos held the 46th position, with Namibia narrowly ahead at just under $88 million. Topping the list were Qatar, Ireland, and Russia, securing the second, third, and fourth spots respectively.
