Debt service on external debt, total in Laos
Laos: Debt service on external debt, total was 2.14 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
2.14 billion TDS, current US$
Change on year
up 70.1%
World rank
47th
of 122 countries
All-time high
2.31 billion TDS, current US$
in 2021
All-time low
1.58 million TDS, current US$
in 1970
Years of data
55
1970–2024
Debt service on external debt, total in Laos, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in Laos is 2.14 billion TDS, current US$, measured in 2024.
That represents a change of up 70.1% on the previous year and up 444.6% over ten years.
Over the whole period, debt service on external debt, total in Laos peaked at 2.31 billion TDS, current US$ in 2021 and was at its lowest, 1.58 million TDS, current US$, in 1970.
That places Laos 47th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in Laos, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 1.58 million TDS, current US$ | — |
| 1971 | 1.91 million TDS, current US$ | +21.1% |
| 1972 | 3.43 million TDS, current US$ | +79.3% |
| 1973 | 5.17 million TDS, current US$ | +50.5% |
| 1974 | 5.66 million TDS, current US$ | +9.5% |
| 1975 | 6.11 million TDS, current US$ | +8.0% |
| 1976 | 6.29 million TDS, current US$ | +2.9% |
| 1977 | 7.20 million TDS, current US$ | +14.4% |
| 1978 | 10.43 million TDS, current US$ | +44.9% |
| 1979 | 13.37 million TDS, current US$ | +28.2% |
| 1980 | 2.49 million TDS, current US$ | -81.4% |
| 1981 | 2.28 million TDS, current US$ | -8.6% |
| 1982 | 4.51 million TDS, current US$ | +98.1% |
| 1983 | 3.79 million TDS, current US$ | -15.8% |
| 1984 | 6.82 million TDS, current US$ | +79.9% |
| 1985 | 6.89 million TDS, current US$ | +1.0% |
| 1986 | 8.45 million TDS, current US$ | +22.5% |
| 1987 | 10.45 million TDS, current US$ | +23.8% |
| 1988 | 10.30 million TDS, current US$ | -1.5% |
| 1989 | 17.51 million TDS, current US$ | +70.0% |
| 1990 | 8.99 million TDS, current US$ | -48.6% |
| 1991 | 8.51 million TDS, current US$ | -5.4% |
| 1992 | 9.54 million TDS, current US$ | +12.1% |
| 1993 | 28.41 million TDS, current US$ | +197.9% |
| 1994 | 19.77 million TDS, current US$ | -30.4% |
| 1995 | 25.50 million TDS, current US$ | +29.0% |
| 1996 | 28.56 million TDS, current US$ | +12.0% |
| 1997 | 27.38 million TDS, current US$ | -4.1% |
| 1998 | 30.79 million TDS, current US$ | +12.5% |
| 1999 | 37.42 million TDS, current US$ | +21.5% |
| 2000 | 40.82 million TDS, current US$ | +9.1% |
| 2001 | 44.16 million TDS, current US$ | +8.2% |
| 2002 | 94.84 million TDS, current US$ | +114.8% |
| 2003 | 102.88 million TDS, current US$ | +8.5% |
| 2004 | 125.19 million TDS, current US$ | +21.7% |
| 2005 | 135.52 million TDS, current US$ | +8.3% |
| 2006 | 186.97 million TDS, current US$ | +38.0% |
| 2007 | 200.12 million TDS, current US$ | +7.0% |
| 2008 | 218.27 million TDS, current US$ | +9.1% |
| 2009 | 229.75 million TDS, current US$ | +5.3% |
| 2010 | 301.76 million TDS, current US$ | +31.3% |
| 2011 | 314.80 million TDS, current US$ | +4.3% |
| 2012 | 266.94 million TDS, current US$ | -15.2% |
| 2013 | 344.35 million TDS, current US$ | +29.0% |
| 2014 | 392.76 million TDS, current US$ | +14.1% |
| 2015 | 420.56 million TDS, current US$ | +7.1% |
| 2016 | 563.89 million TDS, current US$ | +34.1% |
| 2017 | 642.09 million TDS, current US$ | +13.9% |
| 2018 | 765.91 million TDS, current US$ | +19.3% |
| 2019 | 1.07 billion TDS, current US$ | +39.4% |
| 2020 | 920.37 million TDS, current US$ | -13.8% |
| 2021 | 2.31 billion TDS, current US$ | +150.9% |
| 2022 | 1.35 billion TDS, current US$ | -41.6% |
| 2023 | 1.26 billion TDS, current US$ | -6.7% |
| 2024 | 2.14 billion TDS, current US$ | +70.1% |
Laos compared with similar countries
- Laos's 2.14 billion TDS, current US$ is above the median for lower middle income countries, which is 1.79 billion TDS, current US$, 1.2× the median. (43 countries reporting)
- Laos's 2.14 billion TDS, current US$ is below the median for East Asia & Pacific, which is 2.77 billion TDS, current US$, 77% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Debt service on external debt, total in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +197.9% | 9.54 million TDS, current US$ | 28.41 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.12 million TDS, current US$ | 1.58 million TDS, current US$ | 13.37 million TDS, current US$ | 10 |
| 1980s | 7.35 million TDS, current US$ | 2.28 million TDS, current US$ | 17.51 million TDS, current US$ | 10 |
| 1990s | 22.49 million TDS, current US$ | 8.51 million TDS, current US$ | 37.42 million TDS, current US$ | 10 |
| 2000s | 137.85 million TDS, current US$ | 40.82 million TDS, current US$ | 229.75 million TDS, current US$ | 10 |
| 2010s | 508.10 million TDS, current US$ | 266.94 million TDS, current US$ | 1.07 billion TDS, current US$ | 10 |
| 2020s | 1.59 billion TDS, current US$ | 920.37 million TDS, current US$ | 2.31 billion TDS, current US$ | 5 |
Countries ranked near Laos
More external debt data for Laos
- IFC, private nonguaranteed -13.67 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -1.76 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0008 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 53.98 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 5.3% (2024)
- Net financial flows, IDA 76.31 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 9.82 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0046 NFL, current US$ per US$ of GDP (2024)
- Public and publicly guaranteed debt service 7.3% (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 314.48 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is debt service on external debt, total in Laos?
- Debt service on external debt, total in Laos was 2.14 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Laos?
- The highest recorded value was 2.31 billion TDS, current US$ in 2021.
- What is the lowest debt service on external debt, total recorded in Laos?
- The lowest recorded value was 1.58 million TDS, current US$ in 1970.
- How does Laos rank for debt service on external debt, total?
- Laos ranks 47th out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Laos?
- Over the last ten years it is up 444.6%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.