Key Market Indicators
Lao Energy Supply is on track to hit approximately 7.8 million tonnes of oil equivalent by 2028, up from around 6.7 million tonnes in 2023. This growth represents an average annual increase of 2.5%. Since 2005, Laos has experienced a steady rise in its energy supply, growing at an average annual rate of 3.1%. In 2023, Laos ranked 24th in global energy supply, with Mongolia slightly ahead, matching Laos with around 6.7 million tonnes of oil equivalent. Leading the global rankings are France, Saudi Arabia, and the United Kingdom, which hold the 2nd, 3rd, and 4th positions, respectively.
