Domestic credit to private sector (% of GDP) (World Development) in Laos
Laos: Domestic credit to private sector (% of GDP) (World Development) was 20.9% in 2010. ◆ Volatile
Domestic credit to private sector in Laos, 1989–2010
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Laos 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 Laos peaked at 20.9% in 2010 and was at its lowest, 1.0%, in 1990.
That places Laos 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 (% of GDP) (World Development) in Laos, 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% |
Laos compared with similar countries
- Laos's 20.9% is below the median for lower middle income countries, which is 24.7%, 85% of the median. (46 countries reporting)
- Laos's 20.9% is below the median for East Asia & Pacific, which is 105.2%, 20% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector (% of GDP) (World Development) 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 |
|---|---|---|---|
| 1991 | +206.5% | 1.0% | 3.0% |
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 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 domestic credit to private sector in Laos?
- Domestic credit to private sector in Laos was 20.9% in 2010, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Laos?
- The highest recorded value was 20.9% in 2010.
- What is the lowest domestic credit to private sector recorded in Laos?
- The lowest recorded value was 1.0% in 1990.
- How does Laos rank for domestic credit to private sector?
- Laos ranks 145th out of 187 countries with data for 2010.
- Is domestic credit to private sector rising or falling in Laos?
- Over the last ten years it is up 134.2%. The long-run trend across the full record is volatile.
- Where does this Laos 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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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.