Borrowers from commercial banks (per 1,000 adults) in Laos
Laos: Borrowers from commercial banks (per 1,000 adults) was 21.07 per 1,000 adults in 2024. ▼ Falling
Borrowers from commercial banks in Laos, 2013–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
The most recent figure for borrowers from commercial banks in Laos is 21.07 per 1,000 adults, measured in 2024.
Compared with earlier readings it is up 5.2% on the previous year and down 47.2% over ten years.
Over the whole period, borrowers from commercial banks in Laos peaked at 57.17 per 1,000 adults in 2020 and was at its lowest, 20.03 per 1,000 adults, in 2023.
That places Laos 102nd out of 113 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Borrowers from commercial banks (per 1,000 adults) in Laos, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2013 | 29.22 per 1,000 adults | — |
| 2014 | 39.92 per 1,000 adults | +36.6% |
| 2015 | 27.54 per 1,000 adults | -31.0% |
| 2016 | 28.02 per 1,000 adults | +1.7% |
| 2017 | 28.4 per 1,000 adults | +1.3% |
| 2018 | 27.37 per 1,000 adults | -3.6% |
| 2019 | 26.36 per 1,000 adults | -3.7% |
| 2020 | 57.17 per 1,000 adults | +116.9% |
| 2021 | 28.79 per 1,000 adults | -49.6% |
| 2022 | 22.11 per 1,000 adults | -23.2% |
| 2023 | 20.03 per 1,000 adults | -9.4% |
| 2024 | 21.07 per 1,000 adults | +5.2% |
Laos compared with similar countries
- Laos's 21.07 per 1,000 adults is below the median for lower middle income countries, which is 58.55 per 1,000 adults, 36% of the median. (35 countries reporting)
- Laos's 21.07 per 1,000 adults is below the median for East Asia & Pacific, which is 305.09 per 1,000 adults, 7% of the median. (13 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 29.55 per 1,000 adults | 26.36 per 1,000 adults | 39.92 per 1,000 adults | 7 |
| 2020s | 29.83 per 1,000 adults | 20.03 per 1,000 adults | 57.17 per 1,000 adults | 5 |
Countries ranked near Laos
More financial sector data for Laos
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.3 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.68 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.3 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is borrowers from commercial banks in Laos?
- Borrowers from commercial banks in Laos was 21.07 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest borrowers from commercial banks recorded in Laos?
- The highest recorded value was 57.17 per 1,000 adults in 2020.
- What is the lowest borrowers from commercial banks recorded in Laos?
- The lowest recorded value was 20.03 per 1,000 adults in 2023.
- How does Laos rank for borrowers from commercial banks?
- Laos ranks 102nd out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Laos?
- Over the last ten years it is down 47.2%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Borrowers from commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
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About this data
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.