Debt service (PPG and IMF only, % of exports of goods, services and) in Laos
Laos: Debt service (PPG and IMF only, % of exports of goods, services and) was 7.4% in 2024. ▼ Falling
Debt service (PPG and IMF only, % of exports of goods, services and) in Laos, 1988–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Laos is 7.4%, measured in 2024.
That represents a change of down 4.3% on the previous year and up 38.0% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Laos peaked at 20.2% in 1989 and was at its lowest, 4.0%, in 2010.
Laos ranks 61st of 118 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 37 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 13.5% | — |
| 1989 | 20.2% | +49.2% |
| 1990 | 8.6% | -57.5% |
| 1991 | 6.2% | -28.2% |
| 1992 | 6.1% | -1.8% |
| 1993 | 10.0% | +65.1% |
| 1994 | 6.2% | -38.4% |
| 1995 | 7.6% | +23.3% |
| 1996 | 8.1% | +6.0% |
| 1997 | 6.3% | -21.4% |
| 1998 | 6.3% | -0.5% |
| 1999 | 9.5% | +50.1% |
| 2000 | 7.9% | -16.2% |
| 2001 | 9.0% | +13.0% |
| 2002 | 9.4% | +4.6% |
| 2003 | 10.9% | +16.2% |
| 2004 | 10.0% | -8.7% |
| 2005 | 8.1% | -19.1% |
| 2006 | 4.9% | -39.1% |
| 2007 | 4.9% | -0.3% |
| 2008 | 5.2% | +5.5% |
| 2009 | 6.4% | +23.9% |
| 2010 | 4.0% | -37.3% |
| 2011 | 6.7% | +67.0% |
| 2012 | 5.4% | -18.8% |
| 2013 | 5.8% | +6.5% |
| 2014 | 5.3% | -7.7% |
| 2015 | 5.4% | +0.8% |
| 2016 | 7.3% | +36.0% |
| 2017 | 8.3% | +12.6% |
| 2018 | 10.1% | +21.9% |
| 2019 | 11.5% | +14.1% |
| 2020 | 9.9% | -13.5% |
| 2021 | 8.6% | -13.4% |
| 2022 | 5.4% | -36.7% |
| 2023 | 7.7% | +41.5% |
| 2024 | 7.4% | -4.3% |
Laos compared with similar countries
- Laos's 7.4% is below the median for lower middle income countries, which is 8.4%, 87% of the median. (43 countries reporting)
- Laos's 7.4% is above the median for East Asia & Pacific, which is 4.9%, 1.5× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.9% | 13.5% | 20.2% | 2 |
| 1990s | 7.5% | 6.1% | 10.0% | 10 |
| 2000s | 7.7% | 4.9% | 10.9% | 10 |
| 2010s | 7.0% | 4.0% | 11.5% | 10 |
| 2020s | 7.8% | 5.4% | 9.9% | 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 (ppg and imf only, % of exports of goods, services and) in Laos?
- Debt service (ppg and imf only, % of exports of goods, services and) in Laos was 7.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Laos?
- The highest recorded value was 20.2% in 1989.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Laos?
- The lowest recorded value was 4.0% in 2010.
- How does Laos rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Laos ranks 61st out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Laos?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.