Laos vs Sri Lanka: Net acquisition of financial assets (% of GDP)
Net acquisition of financial assets (% of GDP) over time
- Laos
- Sri Lanka
How they compare
Sri Lanka currently reports 0.9% against 0.8% in Laos, a difference of 0.1%.
The two have swapped places 4 times across 15 shared years of data; in 2008 it was Sri Lanka ahead.
Laos ranks 67th and Sri Lanka ranks 65th of 134 countries.
Sri Lanka has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -0.5% | 0.6% | 1.1% | Sri Lanka |
| 2010s | 0.2% | 0.2% | 0.1% | Sri Lanka |
| 2020s | -0.3% | 0.4% | 0.7% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net acquisition of financial assets, Laos or Sri Lanka?
- Sri Lanka, at 0.9% against 0.8% in Laos as of 2023.
- What is the difference in net acquisition of financial assets between Laos and Sri Lanka?
- 0.1%, with Sri Lanka ahead.
- How many years of comparable data are there for Laos and Sri Lanka?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Sri Lanka rank globally for net acquisition of financial assets?
- Laos ranks 67th and Sri Lanka ranks 65th of 134 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net acquisition of financial assets (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.