Rapid population expansion in Laos in 2021-2040 will be driven solely by positive rates of natural increase. Ageing will accelerate in the future, even though Laos will remain relatively young in a regional context due to its comparatively high birth rates. Despite rapid rates of urbanisation, the urban population will make up less than a half of the total population by 2040. Laos should become increasingly attractive as a consumer market but high levels of poverty could stunt spending power.
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