Taxes on goods and services (current LCU) in Laos
Laos: Taxes on goods and services (current LCU) was 17.31 trillion current LCU in 2022. ▲ Rising
Taxes on goods and services in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on goods and services in Laos is 17.31 trillion current LCU, measured in 2022. That is the highest value across all 15 years on record.
The figure is up 29.4% on the previous year and up 150.6% over ten years.
Over the whole period, taxes on goods and services in Laos peaked at 17.31 trillion current LCU in 2022 and was at its lowest, 3.31 trillion current LCU, in 2008.
That places Laos 10th out of 157 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Taxes on goods and services (current LCU) in Laos, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 3.31 trillion current LCU | — |
| 2009 | 3.74 trillion current LCU | +13.0% |
| 2010 | 5.08 trillion current LCU | +35.8% |
| 2011 | 5.88 trillion current LCU | +15.8% |
| 2012 | 6.91 trillion current LCU | +17.4% |
| 2013 | 8.34 trillion current LCU | +20.7% |
| 2014 | 10.21 trillion current LCU | +22.5% |
| 2015 | 10.89 trillion current LCU | +6.6% |
| 2016 | 11.49 trillion current LCU | +5.5% |
| 2017 | 12.53 trillion current LCU | +9.1% |
| 2018 | 12.89 trillion current LCU | +2.8% |
| 2019 | 13.57 trillion current LCU | +5.3% |
| 2020 | 11.69 trillion current LCU | -13.8% |
| 2021 | 13.37 trillion current LCU | +14.4% |
| 2022 | 17.31 trillion current LCU | +29.4% |
Laos compared with similar countries
- Laos's 17.31 trillion current LCU is above the median for lower middle income countries, which is 140.56 billion current LCU, 123.1× the median. (37 countries reporting)
- Laos's 17.31 trillion current LCU is above the median for East Asia & Pacific, which is 34.13 billion current LCU, 507.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.53 trillion current LCU | 3.31 trillion current LCU | 3.74 trillion current LCU | 2 |
| 2010s | 9.78 trillion current LCU | 5.08 trillion current LCU | 13.57 trillion current LCU | 10 |
| 2020s | 14.12 trillion current LCU | 11.69 trillion current LCU | 17.31 trillion current LCU | 3 |
Countries ranked near Laos
More public sector data for Laos
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on goods and services in Laos?
- Taxes on goods and services in Laos was 17.31 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Laos?
- The highest recorded value was 17.31 trillion current LCU in 2022.
- What is the lowest taxes on goods and services recorded in Laos?
- The lowest recorded value was 3.31 trillion current LCU in 2008.
- How does Laos rank for taxes on goods and services?
- Laos ranks 10th out of 157 countries with data for 2022.
- Is taxes on goods and services rising or falling in Laos?
- Over the last ten years it is up 150.6%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.