Net acquisition of financial assets in Lao People's Democratic Republic
Lao People's Democratic Republic: Net acquisition of financial assets was 0.8% in 2022. ◆ Volatile
Net acquisition of financial assets in Lao People's Democratic Republic, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Lao People's Democratic Republic recorded 0.8% for net acquisition of financial assets in 2022.
Compared with earlier readings it is up 288.5% on the previous year and up 142.3% over ten years.
Over the whole period, net acquisition of financial assets in Lao People's Democratic Republic peaked at 2.0% in 2011 and was at its lowest, -2.0%, in 2012.
That places Lao People's Democratic Republic 67th out of 134 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | 0.2% | — |
| 2009 | -1.2% | -779.3% |
| 2010 | 1.7% | -239.6% |
| 2011 | 2.0% | +17.7% |
| 2012 | -2.0% | -199.6% |
| 2013 | -1.6% | -22.3% |
| 2014 | 1.8% | -215.3% |
| 2015 | 0.4% | -77.2% |
| 2016 | 0.1% | -66.5% |
| 2017 | 0.9% | +547.6% |
| 2018 | -1.7% | -291.2% |
| 2019 | -0.1% | -92.4% |
| 2020 | -1.2% | +805.7% |
| 2021 | -0.4% | -61.7% |
| 2022 | 0.8% | -288.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -0.5% | -1.2% | 0.2% | 2 |
| 2010s | 0.2% | -2.0% | 2.0% | 10 |
| 2020s | -0.3% | -1.2% | 0.8% | 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 net acquisition of financial assets in Lao People's Democratic Republic?
- Net acquisition of financial assets in Lao People's Democratic Republic was 0.8% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Lao People's Democratic Republic?
- The highest recorded value was 2.0% in 2011.
- What is the lowest net acquisition of financial assets recorded in Lao People's Democratic Republic?
- The lowest recorded value was -2.0% in 2012.
- How does Lao People's Democratic Republic rank for net acquisition of financial assets?
- Lao People's Democratic Republic ranks 67th out of 134 countries with data for 2022.
- Is net acquisition of financial assets rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 142.3%. The long-run trend across the full record is volatile.
- 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 Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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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.