Net errors and omissions, Net (credits less debits), Adjusted using in Laos
Laos: Net errors and omissions, Net (credits less debits), Adjusted using was -225.94 million in 2024. ◆ Volatile
Net errors and omissions, Net (credits less debits), Adjusted using in Laos, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, net errors and omissions, net (credits less debits), adjusted using in Laos stood at -225.94 million.
That represents a change of up 62.4% on the previous year and down 287.2% over ten years.
Over the whole period, net errors and omissions, net (credits less debits), adjusted using in Laos peaked at 120.67 million in 2014 and was at its lowest, -1.34 billion, in 2016.
That places Laos 131st out of 197 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.
Net errors and omissions, Net (credits less debits), Adjusted using in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 5.94 million | — |
| 2006 | -400.71 million | -6841.2% |
| 2007 | -750.15 million | +87.2% |
| 2008 | -407.77 million | -45.6% |
| 2009 | -507.89 million | +24.6% |
| 2010 | -403.25 million | -20.6% |
| 2011 | -322.95 million | -19.9% |
| 2012 | -71.26 million | -77.9% |
| 2013 | -935.84 million | +1213.2% |
| 2014 | 120.67 million | -112.9% |
| 2015 | -515.90 million | -527.5% |
| 2016 | -1.34 billion | +160.2% |
| 2017 | -717.47 million | -46.5% |
| 2018 | -1.03 billion | +43.6% |
| 2019 | -514.67 million | -50.0% |
| 2020 | -728.55 million | +41.6% |
| 2021 | -347.00 million | -52.4% |
| 2022 | -500.86 million | +44.3% |
| 2023 | -600.44 million | +19.9% |
| 2024 | -225.94 million | -62.4% |
Laos compared with similar countries
- Laos's -225.94 million is below the median for lower middle income countries, which is -42.57 million, 5.3× the median. (46 countries reporting)
- Laos's -225.94 million is below the median for East Asia & Pacific, which is -38.44 million, 5.9× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions, Net (credits less debits), Adjusted using 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 |
|---|---|---|---|
| 2006 | -6841.2% | 5.94 million | -400.71 million |
| 2013 | -1213.2% | -71.26 million | -935.84 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -412.12 million | -750.15 million | 5.94 million | 5 |
| 2010s | -573.31 million | -1.34 billion | 120.67 million | 10 |
| 2020s | -480.56 million | -728.55 million | -225.94 million | 5 |
Countries ranked near Laos
- 128 New Caledonia -193.68 million compare
- 129 Botswana -208.85 million compare
- 130 Cameroon -215.92 million compare
- 132 Tajikistan -245.28 million compare
- 133 Pakistan -247.59 million compare
- 134 South Sudan -249.80 million compare
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 errors and omissions, net (credits less debits), adjusted using in Laos?
- Net errors and omissions, net (credits less debits), adjusted using in Laos was -225.94 million in 2024, according to International Monetary Fund.
- What is the highest net errors and omissions, net (credits less debits), adjusted using recorded in Laos?
- The highest recorded value was 120.67 million in 2014.
- What is the lowest net errors and omissions, net (credits less debits), adjusted using recorded in Laos?
- The lowest recorded value was -1.34 billion in 2016.
- How does Laos rank for net errors and omissions, net (credits less debits), adjusted using?
- Laos ranks 131st out of 197 countries with data for 2024.
- Is net errors and omissions, net (credits less debits), adjusted using rising or falling in Laos?
- Over the last ten years it is down 287.2%. 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 Net errors and omissions, Net (credits less debits), Adjusted using IMF accounting records (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.