Net lending (+) / net borrowing (-) in Lao People's Democratic Republic
Lao People's Democratic Republic: Net lending (+) / net borrowing (-) was 0.2% in 2022. ◆ Volatile
Net lending (+) / net borrowing (-) 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 0.2% for net lending (+) / net borrowing (-) in 2022. That is the highest value across all 15 years on record.
The figure is up 131.5% on the previous year and up 128.7% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Lao People's Democratic Republic peaked at 0.2% in 2022 and was at its lowest, -5.3%, in 2017.
Lao People's Democratic Republic ranks 36th of 156 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net lending (+) / net borrowing (-) in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2008 | -2.2% | — |
| 2009 | -1.7% | -23.7% |
| 2010 | -0.9% | -45.9% |
| 2011 | -0.8% | -6.9% |
| 2012 | -0.7% | -21.1% |
| 2013 | -4.9% | +640.2% |
| 2014 | -3.3% | -32.9% |
| 2015 | -3.7% | +14.4% |
| 2016 | -4.9% | +30.4% |
| 2017 | -5.3% | +8.5% |
| 2018 | -4.3% | -19.4% |
| 2019 | -2.9% | -31.9% |
| 2020 | -5.2% | +78.1% |
| 2021 | -0.6% | -88.4% |
| 2022 | 0.2% | -131.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.9% | -2.2% | -1.7% | 2 |
| 2010s | -3.2% | -5.3% | -0.7% | 10 |
| 2020s | -1.9% | -5.2% | 0.2% | 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 lending (+) / net borrowing (-) in Lao People's Democratic Republic?
- Net lending (+) / net borrowing (-) in Lao People's Democratic Republic was 0.2% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.2% in 2022.
- What is the lowest net lending (+) / net borrowing (-) recorded in Lao People's Democratic Republic?
- The lowest recorded value was -5.3% in 2017.
- How does Lao People's Democratic Republic rank for net lending (+) / net borrowing (-)?
- Lao People's Democratic Republic ranks 36th out of 156 countries with data for 2022.
- Is net lending (+) / net borrowing (-) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 128.7%. 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.