Interest payments in Lao People's Democratic Republic
Lao People's Democratic Republic: Interest payments was 11.8% in 2022. ▲ Rising
Interest payments in Lao People's Democratic Republic, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Lao People's Democratic Republic recorded 11.8% for interest payments in 2022.
That represents a change of up 48.4% on the previous year and up 240.7% over ten years.
Over the whole period, interest payments in Lao People's Democratic Republic peaked at 12.0% in 2020 and was at its lowest, 3.2%, in 2011.
Lao People's Democratic Republic ranks 46th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Interest payments in Lao People's Democratic Republic, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2008 | 4.7% | — |
| 2009 | 3.2% | -31.2% |
| 2010 | 3.3% | +1.9% |
| 2011 | 3.2% | -2.2% |
| 2012 | 3.5% | +8.2% |
| 2013 | 5.1% | +47.6% |
| 2014 | 3.9% | -23.2% |
| 2015 | 4.7% | +19.8% |
| 2016 | 6.6% | +40.6% |
| 2017 | 8.3% | +25.7% |
| 2018 | 10.5% | +25.8% |
| 2019 | 11.3% | +7.9% |
| 2020 | 12.0% | +5.6% |
| 2021 | 8.0% | -33.2% |
| 2022 | 11.8% | +48.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.0% | 3.2% | 4.7% | 2 |
| 2010s | 6.1% | 3.2% | 11.3% | 10 |
| 2020s | 10.6% | 8.0% | 12.0% | 3 |
Countries ranked near Lao People's Democratic Republic
More public sector data for Lao People's Democratic Republic
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 3.43 current USD per person (2013)
- Military expenditure (current USD), per unit of GDP 0.0019 current USD per US$ of GDP (2013)
- Military expenditure (current USD), annual growth rate 11.56 % change on previous year (2013)
- Military expenditure (current USD), gaps filled 22.68 million current USD (2013)
- Arms imports (SIPRI trend indicator values), per square kilometre 13 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest payments in Lao People's Democratic Republic?
- Interest payments in Lao People's Democratic Republic was 11.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Lao People's Democratic Republic?
- The highest recorded value was 12.0% in 2020.
- What is the lowest interest payments recorded in Lao People's Democratic Republic?
- The lowest recorded value was 3.2% in 2011.
- How does Lao People's Democratic Republic rank for interest payments?
- Lao People's Democratic Republic ranks 46th out of 155 countries with data for 2022.
- Is interest payments rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 240.7%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic 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 revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.