Secondary income balance (credit less debit), Net (credits less) in Lao People's Democratic Republic
Lao People's Democratic Republic: Secondary income balance (credit less debit), Net (credits less) was 390.44 million in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Lao People's Democratic Republic, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Lao People's Democratic Republic stood at 390.44 million. That is the highest value across all 20 years on record.
The figure is up 3.2% on the previous year and up 26.0% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Lao People's Democratic Republic peaked at 390.44 million in 2024 and was at its lowest, 67.16 million, in 2005.
Lao People's Democratic Republic ranks 96th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 67.16 million | — |
| 2006 | 126.64 million | +88.6% |
| 2007 | 97.36 million | -23.1% |
| 2008 | 140.73 million | +44.5% |
| 2009 | 132.89 million | -5.6% |
| 2010 | 178.63 million | +34.4% |
| 2011 | 222.78 million | +24.7% |
| 2012 | 281.80 million | +26.5% |
| 2013 | 273.59 million | -2.9% |
| 2014 | 309.79 million | +13.2% |
| 2015 | 220.91 million | -28.7% |
| 2016 | 255.13 million | +15.5% |
| 2017 | 316.59 million | +24.1% |
| 2018 | 307.64 million | -2.8% |
| 2019 | 297.87 million | -3.2% |
| 2020 | 251.93 million | -15.4% |
| 2021 | 225.97 million | -10.3% |
| 2022 | 314.65 million | +39.2% |
| 2023 | 378.30 million | +20.2% |
| 2024 | 390.44 million | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 112.96 million | 67.16 million | 140.73 million | 5 |
| 2010s | 266.47 million | 178.63 million | 316.59 million | 10 |
| 2020s | 312.26 million | 225.97 million | 390.44 million | 5 |
Countries ranked near Lao People's Democratic Republic
- 93 Armenia 448.91 million compare
- 94 Netherlands Antilles 447.73 million compare
- 95 Mongolia 421.06 million compare
- 97 Iraq 357.40 million compare
- 98 Mauritania 335.30 million compare
- 99 New Caledonia 330.89 million compare
More financial sector data for Lao People's Democratic Republic
- Net domestic credit (current LCU), per capita 2.48 million current LCU per person (2010)
- Net domestic credit (current LCU), per unit of GDP 2,203 current LCU per US$ of GDP (2010)
- Net domestic credit (current LCU), annual growth rate 51.76 % change on previous year (2010)
- Gold reserves at 35 SDRs per ounce 991,291 SDR (2019)
- Gold reserves at market value 31.19 million SDR (2019)
- Reserves excluding gold, foreign exchange 2.59 billion SDR (2025)
- Reserves excluding gold 2.71 billion SDR (2025)
- Total reserves (gold at market value) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) 2.71 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 344.49 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Lao People's Democratic Republic?
- Secondary income balance (credit less debit), net (credits less) in Lao People's Democratic Republic was 390.44 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Lao People's Democratic Republic?
- The highest recorded value was 390.44 million in 2024.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 67.16 million in 2005.
- How does Lao People's Democratic Republic rank for secondary income balance (credit less debit), net (credits less)?
- Lao People's Democratic Republic ranks 96th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Monetary Fund, published as part of Secondary income 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.