Domestic credit to private sector in Lao People's Democratic Republic
Lao People's Democratic Republic: Domestic credit to private sector was 20.9% in 2010. ◆ Volatile
Domestic credit to private sector in Lao People's Democratic Republic, 1989–2010
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Lao People's Democratic Republic recorded 20.9% for domestic credit to private sector in 2010. That is the highest value across all 22 years on record.
That represents a change of up 21.3% on the previous year and up 134.2% over ten years.
Over the whole period, domestic credit to private sector in Lao People's Democratic Republic peaked at 20.9% in 2010 and was at its lowest, 1.0%, in 1990.
That places Lao People's Democratic Republic 145th out of 187 countries with data for 2010, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1989 | 1.1% | — |
| 1990 | 1.0% | -9.0% |
| 1991 | 3.0% | +206.5% |
| 1992 | 4.7% | +58.1% |
| 1993 | 6.9% | +48.5% |
| 1994 | 8.9% | +28.7% |
| 1995 | 9.1% | +1.8% |
| 1996 | 9.0% | -0.6% |
| 1997 | 13.0% | +43.8% |
| 1998 | 12.6% | -2.7% |
| 1999 | 8.4% | -33.1% |
| 2000 | 8.9% | +5.8% |
| 2001 | 9.6% | +7.3% |
| 2002 | 8.5% | -11.2% |
| 2003 | 6.9% | -18.7% |
| 2004 | 6.7% | -3.0% |
| 2005 | 7.4% | +9.6% |
| 2006 | 5.9% | -20.1% |
| 2007 | 6.5% | +11.4% |
| 2008 | 9.6% | +46.2% |
| 2009 | 17.2% | +80.2% |
| 2010 | 20.9% | +21.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.1% | 1.1% | 1.1% | 1 |
| 1990s | 7.7% | 1.0% | 13.0% | 10 |
| 2000s | 8.7% | 5.9% | 17.2% | 10 |
| 2010s | 20.9% | 20.9% | 20.9% | 1 |
Countries ranked near Lao People's Democratic Republic
- 142 Micronesia, Federated States of 22.1% compare
- 143 Eswatini 21.2% compare
- 144 Côte d'Ivoire 21.1% compare
- 146 Djibouti 20.9% compare
- 147 Syrian Arab Republic 20.7% compare
- 148 Lesotho 20.0% compare
More financial sector data for Lao People's Democratic Republic
- 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 domestic credit to private sector in Lao People's Democratic Republic?
- Domestic credit to private sector in Lao People's Democratic Republic was 20.9% in 2010, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Lao People's Democratic Republic?
- The highest recorded value was 20.9% in 2010.
- What is the lowest domestic credit to private sector recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.0% in 1990.
- How does Lao People's Democratic Republic rank for domestic credit to private sector?
- Lao People's Democratic Republic ranks 145th out of 187 countries with data for 2010.
- Is domestic credit to private sector rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 134.2%. 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 World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.