Goods balance (credit less debit), Net (credits less debits) (US) in Laos
Laos: Goods balance (credit less debit), Net (credits less debits) (US) was 723.26 million in 2024. ◆ Volatile
Goods balance (credit less debit), Net (credits less debits) in Laos, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, goods balance (credit less debit), net (credits less debits) in Laos stood at 723.26 million.
Compared with earlier readings it is up 0.3% on the previous year and up 142.6% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Laos peaked at 1.42 billion in 2021 and was at its lowest, -2.02 billion, in 2015.
That places Laos 58th 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.
Goods balance (credit less debit), Net (credits less debits) (US) in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -328.89 million | — |
| 2006 | -178.16 million | -45.8% |
| 2007 | -141.94 million | -20.3% |
| 2008 | -311.26 million | +119.3% |
| 2009 | -408.41 million | +31.2% |
| 2010 | -314.02 million | -23.1% |
| 2011 | -568.89 million | +81.2% |
| 2012 | -855.22 million | +50.3% |
| 2013 | -786.45 million | -8.0% |
| 2014 | -1.70 billion | +116.1% |
| 2015 | -2.02 billion | +19.0% |
| 2016 | -1.13 billion | -44.2% |
| 2017 | -794.16 million | -29.6% |
| 2018 | -906.82 million | +14.2% |
| 2019 | -465.97 million | -48.6% |
| 2020 | 744.53 million | -259.8% |
| 2021 | 1.42 billion | +90.7% |
| 2022 | 954.11 million | -32.8% |
| 2023 | 721.17 million | -24.4% |
| 2024 | 723.26 million | +0.3% |
Laos compared with similar countries
- Laos's 723.26 million is above the median for lower middle income countries, which is -673.06 million. (46 countries reporting)
- Laos's 723.26 million is above the median for East Asia & Pacific, which is -98.47 million. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -273.73 million | -408.41 million | -141.94 million | 5 |
| 2010s | -954.06 million | -2.02 billion | -314.02 million | 10 |
| 2020s | 912.51 million | 721.17 million | 1.42 billion | 5 |
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 goods balance (credit less debit), net (credits less debits) in Laos?
- Goods balance (credit less debit), net (credits less debits) in Laos was 723.26 million in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Laos?
- The highest recorded value was 1.42 billion in 2021.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Laos?
- The lowest recorded value was -2.02 billion in 2015.
- How does Laos rank for goods balance (credit less debit), net (credits less debits)?
- Laos ranks 58th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Laos?
- Over the last ten years it is up 142.6%. 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 Goods 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.