Net domestic credit (current LCU) in Laos
Laos: Net domestic credit (current LCU) was 15.71 trillion current LCU in 2010. ◆ Volatile
Net domestic credit in Laos, 1989–2010
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2010, net domestic credit in Laos stood at 15.71 trillion current LCU. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 51.8% on the previous year and up 1,177.3% over ten years.
Over the whole period, net domestic credit in Laos peaked at 15.71 trillion current LCU in 2010 and was at its lowest, 26.41 billion current LCU, in 1989.
Laos ranks 41st of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU) in Laos, year by year
| Year | current LCU | Change |
|---|---|---|
| 1989 | 26.41 billion current LCU | — |
| 1990 | 30.62 billion current LCU | +15.9% |
| 1991 | 32.16 billion current LCU | +5.1% |
| 1992 | 39.91 billion current LCU | +24.1% |
| 1993 | 56.48 billion current LCU | +41.5% |
| 1994 | 116.98 billion current LCU | +107.1% |
| 1995 | 141.13 billion current LCU | +20.6% |
| 1996 | 131.59 billion current LCU | -6.8% |
| 1997 | 331.30 billion current LCU | +151.8% |
| 1998 | 650.16 billion current LCU | +96.2% |
| 1999 | 957.80 billion current LCU | +47.3% |
| 2000 | 1.23 trillion current LCU | +28.4% |
| 2001 | 2.06 trillion current LCU | +67.2% |
| 2002 | 1.83 trillion current LCU | -11.0% |
| 2003 | 1.94 trillion current LCU | +6.2% |
| 2004 | 2.17 trillion current LCU | +11.5% |
| 2005 | 2.35 trillion current LCU | +8.4% |
| 2006 | 2.25 trillion current LCU | -4.1% |
| 2007 | 2.67 trillion current LCU | +18.6% |
| 2008 | 5.02 trillion current LCU | +87.9% |
| 2009 | 10.35 trillion current LCU | +106.3% |
| 2010 | 15.71 trillion current LCU | +51.8% |
Laos compared with similar countries
- Laos's 15.71 trillion current LCU is above the median for lower middle income countries, which is 680.59 billion current LCU, 23.1× the median. (46 countries reporting)
- Laos's 15.71 trillion current LCU is above the median for East Asia & Pacific, which is 4.46 trillion current LCU, 3.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.41 billion current LCU | 26.41 billion current LCU | 26.41 billion current LCU | 1 |
| 1990s | 248.81 billion current LCU | 30.62 billion current LCU | 957.80 billion current LCU | 10 |
| 2000s | 3.19 trillion current LCU | 1.23 trillion current LCU | 10.35 trillion current LCU | 10 |
| 2010s | 15.71 trillion current LCU | 15.71 trillion current LCU | 15.71 trillion current LCU | 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 net domestic credit in Laos?
- Net domestic credit in Laos was 15.71 trillion current LCU in 2010, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Laos?
- The highest recorded value was 15.71 trillion current LCU in 2010.
- What is the lowest net domestic credit recorded in Laos?
- The lowest recorded value was 26.41 billion current LCU in 1989.
- How does Laos rank for net domestic credit?
- Laos ranks 41st out of 187 countries with data for 2010.
- Is net domestic credit rising or falling in Laos?
- Over the last ten years it is up 1,177.3%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.