Interest payments in Laos

Laos: Interest payments was 17.0% in 2022. ▲ Rising

Latest (2022)
17.0%
Change on year
up 54.4%
World rank
18th
of 152 countries
All-time high
17.0%
in 2022
All-time low
4.6%
in 2009
Years of data
15
2008–2022

Interest payments in Laos, 2008–2022

57.51012.51517.52008201520222008: 7 % of expense2009: 4.6 % of expense2010: 6.1 % of expense2011: 5.9 % of expense2012: 6.6 % of expense2013: 6.4 % of expense2014: 5.3 % of expense2015: 6.4 % of expense2016: 7.7 % of expense2017: 11 % of expense2018: 13.8 % of expense2019: 14.2 % of expense2020: 13.3 % of expense2021: 11 % of expense2022: 17 % of expense

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.

Analysis

In 2022, interest payments in Laos stood at 17.0%. That is the highest value across all 15 years on record.

The figure is up 54.4% on the previous year and up 157.8% over ten years.

Over the whole period, interest payments in Laos peaked at 17.0% in 2022 and was at its lowest, 4.6%, in 2009.

Laos ranks 18th of 152 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.8% 4.6% 7.0% 2
2010s 8.4% 5.3% 14.2% 10
2020s 13.8% 11.0% 17.0% 3

Countries ranked near Laos

  1. 15 Bahrain 18.9% compare
  2. 16 Bahamas 18.4% compare
  3. 17 Dominican Republic 17.5% compare
  4. 19 Costa Rica 16.7% compare
  5. 20 Jordan 16.5% compare
  6. 21 Kenya 16.4% compare

See the full ranking of 193 places →

More public sector data for Laos

All data for Laos →

Frequently asked questions

What is interest payments in Laos?
Interest payments in Laos was 17.0% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest interest payments recorded in Laos?
The highest recorded value was 17.0% in 2022.
What is the lowest interest payments recorded in Laos?
The lowest recorded value was 4.6% in 2009.
How does Laos rank for interest payments?
Laos ranks 18th out of 152 countries with data for 2022.
Is interest payments rising or falling in Laos?
Over the last ten years it is up 157.8%. The long-run trend across the full record is rising.
Where does this Laos data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.

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About this data

Indicator
Interest payments (% of expense)
Unit
% of expense
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
193 places, 5,277 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.