Financial account balance (assets less liabilities), Net (net) in Lao People's Democratic Republic
Lao People's Democratic Republic: Financial account balance (assets less liabilities), Net (net) was 307.07 million in 2024. ◆ Volatile
Financial account balance (assets less liabilities), Net (net) in Lao People's Democratic Republic, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, financial account balance (assets less liabilities), net (net) in Lao People's Democratic Republic stood at 307.07 million. That is the highest value across all 20 years on record.
The figure is up 258.7% on the previous year and up 117.5% over ten years.
Over the whole period, financial account balance (assets less liabilities), net (net) in Lao People's Democratic Republic peaked at 307.07 million in 2024 and was at its lowest, -2.75 billion, in 2015.
That places Lao People's Democratic Republic 67th out of 197 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.
Financial account balance (assets less liabilities), Net (net) in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -167.84 million | — |
| 2006 | -325.40 million | +93.9% |
| 2007 | -610.75 million | +87.7% |
| 2008 | -330.23 million | -45.9% |
| 2009 | -568.80 million | +72.2% |
| 2010 | -373.94 million | -34.3% |
| 2011 | -529.27 million | +41.5% |
| 2012 | -769.62 million | +45.4% |
| 2013 | -1.83 billion | +137.8% |
| 2014 | -1.75 billion | -4.2% |
| 2015 | -2.75 billion | +56.7% |
| 2016 | -2.71 billion | -1.5% |
| 2017 | -1.96 billion | -27.7% |
| 2018 | -2.67 billion | +36.4% |
| 2019 | -1.82 billion | -31.8% |
| 2020 | -1.02 billion | -43.9% |
| 2021 | 87.00 million | -108.5% |
| 2022 | -951.59 million | -1193.8% |
| 2023 | -193.48 million | -79.7% |
| 2024 | 307.07 million | -258.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -400.60 million | -610.75 million | -167.84 million | 5 |
| 2010s | -1.72 billion | -2.75 billion | -373.94 million | 10 |
| 2020s | -354.27 million | -1.02 billion | 307.07 million | 5 |
Countries ranked near Lao People's Democratic Republic
More external debt data for Lao People's Democratic Republic
- 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 financial account balance (assets less liabilities), net (net) in Lao People's Democratic Republic?
- Financial account balance (assets less liabilities), net (net) in Lao People's Democratic Republic was 307.07 million in 2024, according to International Monetary Fund.
- What is the highest financial account balance (assets less liabilities), net (net) recorded in Lao People's Democratic Republic?
- The highest recorded value was 307.07 million in 2024.
- What is the lowest financial account balance (assets less liabilities), net (net) recorded in Lao People's Democratic Republic?
- The lowest recorded value was -2.75 billion in 2015.
- How does Lao People's Democratic Republic rank for financial account balance (assets less liabilities), net (net)?
- Lao People's Democratic Republic ranks 67th out of 197 countries with data for 2024.
- Is financial account balance (assets less liabilities), net (net) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 117.5%. 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 International Monetary Fund, published as part of Financial account balance (assets less liabilities), Net (net acquisition of financial assets less net incurrence of liabilities), Adjusted using IMF accounting records (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.