5 Reasons Laos Is Included In The Country Behind And The Poorest In The World

YOGYAKARTA The reason Laos belongs to an underdeveloped and poorest country in the world is very interesting to discuss.

Laos is one of the countries in Southeast Asia that faces quite a tough economic challenge. Despite having great natural potential, Laos is still unable to meet the needs of its people well.

Dependence on the agricultural sector, the lack of economic diversification, inadequate infrastructure, is a factor that causes the high poverty rate in Laos. For a more complete explanation, see the review below.

Compiled from various sources, Monday, September 9, 2024, there are several reasons why Laos is categorized as one of the world's poorest and poorest countries, including:

According to the Brogen Project page, 44 psec or 363,000 toddlers (children under 5 years old) in Laos are stunted. This condition is generally caused by maternal malnutrition before and during pregnancy.

It's not enough there, more than 60 percent of children in laos are malnourished and anemia. This can be fatal because of inadequate nutrition and lack of access to health care providers.

Policies related to political and economic freedom in Laos as well as weak property rights have direct consequences on business. This makes the employment index very low, even most Laos residents choose to live abroad.

Low education also affects existing human resources. Based on UN data, 70 percent of Loas' population works in the agricultural sector and more than a third of them don't make enough money to live decently.

Laos relies heavily on the agricultural sector, with most of its population working as farmers. Unfortunately, this sector still mostly uses traditional methods that are less productive and unable to produce significant surpluses for sale.

The lack of access to modern technology, fertilizer, and agricultural education makes it difficult for Laos to increase its agricultural products. This contributes greatly to poverty in this country.

Citing World Atlas, Laos has a GDP per capita of 2,539.9 US dollars and a GDP of 18,173.84 US dollars. This makes Laos one of the poorest countries in Southeast Asia.

Based on Heritage Foundation data, Laos occupies an occupancy rate of 131 out of 182 countries in terms of business freedom. No wonder many companies are reluctant to invest in Laos. This condition could hinder job creation and holistic economic development.

According to UNICEF, Laos is one of the countries with the worst educational indicators in Southeast Asia. About 70 percent of children aged 5 are not registered in the early childhood education program (PAUD), with those living in hard-to-reach areas and coming from poor families.

In 2017, only 81.9 percent of children managed to complete basic education. Student learning results are also low, so children do not have important knowledge and skills.