Short-term debt in Lao People's Democratic Republic
Lao People's Democratic Republic: Short-term debt was 6.2% in 2024. ◆ Volatile
Short-term debt in Lao People's Democratic Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
The most recent figure for short-term debt in Lao People's Democratic Republic is 6.2%, measured in 2024.
The figure is up 692.3% on the previous year and down 29.6% over ten years.
Over the whole period, short-term debt in Lao People's Democratic Republic peaked at 10.1% in 2013 and was at its lowest, 0.0%, in 1970.
Lao People's Democratic Republic ranks 77th of 121 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Lao People's Democratic Republic, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.1% | — |
| 1975 | 0.1% | +73.5% |
| 1976 | 0.2% | +81.9% |
| 1977 | 0.2% | -9.8% |
| 1978 | 0.2% | +15.7% |
| 1979 | 0.3% | +38.7% |
| 1980 | 0.4% | +20.9% |
| 1981 | 0.4% | -9.1% |
| 1982 | 0.3% | -5.2% |
| 1983 | 0.3% | -8.1% |
| 1984 | 0.3% | -12.2% |
| 1985 | 0.3% | +16.5% |
| 1986 | 0.3% | -7.7% |
| 1987 | 0.3% | -1.0% |
| 1988 | 0.0% | -95.5% |
| 1989 | 0.0% | -99.2% |
| 1990 | 0.0% | +8900.0% |
| 1991 | 0.0% | -6.7% |
| 1992 | 0.0% | -100.0% |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | -10.3% |
| 1998 | 0.0% | +94.3% |
| 1999 | 0.0% | +38.2% |
| 2000 | 0.1% | +867.0% |
| 2001 | 0.1% | -13.3% |
| 2002 | 0.3% | +267.9% |
| 2003 | 0.0% | -100.0% |
| 2004 | 0.1% | — |
| 2005 | 1.8% | +1607.1% |
| 2006 | 2.8% | +53.5% |
| 2007 | 3.5% | +24.2% |
| 2008 | 2.7% | -22.0% |
| 2009 | 3.3% | +20.7% |
| 2010 | 0.9% | -73.3% |
| 2011 | 0.8% | -6.0% |
| 2012 | 0.8% | -1.1% |
| 2013 | 10.1% | +1126.3% |
| 2014 | 8.7% | -13.1% |
| 2015 | 6.1% | -30.4% |
| 2016 | 5.3% | -12.2% |
| 2017 | 4.9% | -7.4% |
| 2018 | 2.5% | -48.8% |
| 2019 | 3.1% | +21.4% |
| 2020 | 4.8% | +56.8% |
| 2021 | 4.6% | -4.5% |
| 2022 | 4.1% | -11.8% |
| 2023 | 0.8% | -80.9% |
| 2024 | 6.2% | +692.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | 0.0% | 0.3% | 10 |
| 1980s | 0.3% | 0.0% | 0.4% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 1.5% | 0.0% | 3.5% | 10 |
| 2010s | 4.3% | 0.8% | 10.1% | 10 |
| 2020s | 4.1% | 0.8% | 6.2% | 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 short-term debt in Lao People's Democratic Republic?
- Short-term debt in Lao People's Democratic Republic was 6.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Lao People's Democratic Republic?
- The highest recorded value was 10.1% in 2013.
- What is the lowest short-term debt recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 1970.
- How does Lao People's Democratic Republic rank for short-term debt?
- Lao People's Democratic Republic ranks 77th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 29.6%. 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 Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). 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
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.