Current account balance (credit less debit), Net (credits less) in Laos
Laos: Current account balance (credit less debit), Net (credits less) was 531.37 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Laos, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Laos is 531.37 million, measured in 2024. That is the highest value across all 20 years on record.
The figure is up 31.4% on the previous year and up 127.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Laos peaked at 531.37 million in 2024 and was at its lowest, -2.27 billion, in 2015.
That places Laos 63rd out of 198 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.
Current account balance (credit less debit), Net (credits less) in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -173.79 million | — |
| 2006 | 75.31 million | -143.3% |
| 2007 | 139.41 million | +85.1% |
| 2008 | 77.54 million | -44.4% |
| 2009 | -60.91 million | -178.5% |
| 2010 | 29.31 million | -148.1% |
| 2011 | -206.33 million | -804.0% |
| 2012 | -747.90 million | +262.5% |
| 2013 | -937.93 million | +25.4% |
| 2014 | -1.92 billion | +105.2% |
| 2015 | -2.27 billion | +17.8% |
| 2016 | -1.38 billion | -38.9% |
| 2017 | -1.26 billion | -9.0% |
| 2018 | -1.65 billion | +30.9% |
| 2019 | -1.32 billion | -20.0% |
| 2020 | -304.43 million | -76.9% |
| 2021 | 431.64 million | -241.8% |
| 2022 | -458.75 million | -206.3% |
| 2023 | 404.52 million | -188.2% |
| 2024 | 531.37 million | +31.4% |
Laos compared with similar countries
- Laos's 531.37 million is above the median for lower middle income countries, which is -96.83 million. (46 countries reporting)
- Laos's 531.37 million is above the median for East Asia & Pacific, which is 65.63 million, 8.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -804.0% | 29.31 million | -206.33 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.51 million | -173.79 million | 139.41 million | 5 |
| 2010s | -1.17 billion | -2.27 billion | 29.31 million | 10 |
| 2020s | 120.87 million | -458.75 million | 531.37 million | 5 |
Countries ranked near Laos
- 60 Djibouti 610.12 million compare
- 61 South Sudan 577.90 million compare
- 62 Pakistan 557.05 million compare
- 64 Zimbabwe 501.20 million compare
- 65 San Marino 445.85 million compare
- 66 French Polynesia 411.96 million compare
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 current account balance (credit less debit), net (credits less debits) in Laos?
- Current account balance (credit less debit), net (credits less debits) in Laos was 531.37 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Laos?
- The highest recorded value was 531.37 million in 2024.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Laos?
- The lowest recorded value was -2.27 billion in 2015.
- How does Laos rank for current account balance (credit less debit), net (credits less debits)?
- Laos ranks 63rd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Laos?
- Over the last ten years it is up 127.6%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (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.