Borrowers from commercial banks in Lao People's Democratic Republic
Lao People's Democratic Republic: Borrowers from commercial banks was 21.07 per 1,000 adults in 2024. ▼ Falling
Borrowers from commercial banks in Lao People's Democratic Republic, 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 Lao People's Democratic Republic 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 Lao People's Democratic Republic 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 Lao People's Democratic Republic 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 in Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
More financial sector data for Lao People's Democratic Republic
- Net domestic credit (current LCU), per capita 2.48 million current LCU per person (2010)
- Net domestic credit (current LCU), per unit of GDP 2,203 current LCU per US$ of GDP (2010)
- Net domestic credit (current LCU), annual growth rate 51.76 % change on previous year (2010)
- Gold reserves at 35 SDRs per ounce 991,291 SDR (2019)
- Gold reserves at market value 31.19 million SDR (2019)
- Reserves excluding gold, foreign exchange 2.59 billion SDR (2025)
- Reserves excluding gold 2.71 billion SDR (2025)
- Total reserves (gold at market value) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 344.49 SDR per person (2025)
Frequently asked questions
- What is borrowers from commercial banks in Lao People's Democratic Republic?
- Borrowers from commercial banks in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- The highest recorded value was 57.17 per 1,000 adults in 2020.
- What is the lowest borrowers from commercial banks recorded in Lao People's Democratic Republic?
- The lowest recorded value was 20.03 per 1,000 adults in 2023.
- How does Lao People's Democratic Republic rank for borrowers from commercial banks?
- Lao People's Democratic Republic ranks 102nd out of 113 countries with data for 2024.
- Is borrowers from commercial banks rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 47.2%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic 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.