Current account balance (credit less debit), Net (credits less debits) in Lao People's Democratic Republic
Lao People's Democratic Republic: Current account balance (credit less debit), Net (credits less debits) was 531.37 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Lao People's Democratic Republic, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Lao People's Democratic Republic 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 Lao People's Democratic Republic peaked at 531.37 million in 2024 and was at its lowest, -2.27 billion, in 2015.
That places Lao People's Democratic Republic 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 debits) in Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
- 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 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 current account balance (credit less debit), net (credits less debits) in Lao People's Democratic Republic?
- Current account balance (credit less debit), net (credits less debits) in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- 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 Lao People's Democratic Republic?
- The lowest recorded value was -2.27 billion in 2015.
- How does Lao People's Democratic Republic rank for current account balance (credit less debit), net (credits less debits)?
- Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- Over the last ten years it is up 127.6%. 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 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.