Services balance (credit less debit), Net (credits less debits) (US) in Laos
Laos: Services balance (credit less debit), Net (credits less debits) (US) was 464.80 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Laos, 2005–2024
Source: International Monetary Fund.
Analysis
Laos recorded 464.80 million for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 22.3% on the previous year and up 220.5% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Laos peaked at 464.80 million in 2024 and was at its lowest, -385.64 million, in 2014.
That places Laos 81st 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.
Services balance (credit less debit), Net (credits less debits) (US) in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 165.27 million | — |
| 2006 | 185.99 million | +12.5% |
| 2007 | 234.30 million | +26.0% |
| 2008 | 293.72 million | +25.4% |
| 2009 | 261.63 million | -10.9% |
| 2010 | 247.87 million | -5.3% |
| 2011 | 218.93 million | -11.7% |
| 2012 | -95.27 million | -143.5% |
| 2013 | -276.51 million | +190.2% |
| 2014 | -385.64 million | +39.5% |
| 2015 | -234.41 million | -39.2% |
| 2016 | -187.77 million | -19.9% |
| 2017 | -335.79 million | +78.8% |
| 2018 | -264.03 million | -21.4% |
| 2019 | -67.01 million | -74.6% |
| 2020 | -98.91 million | +47.6% |
| 2021 | -126.73 million | +28.1% |
| 2022 | -332.28 million | +162.2% |
| 2023 | 380.09 million | -214.4% |
| 2024 | 464.80 million | +22.3% |
Laos compared with similar countries
- Laos's 464.80 million is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Laos's 464.80 million is above the median for East Asia & Pacific, which is -101.20 million. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 228.18 million | 165.27 million | 293.72 million | 5 |
| 2010s | -137.96 million | -385.64 million | 247.87 million | 10 |
| 2020s | 57.39 million | -332.28 million | 464.80 million | 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 services balance (credit less debit), net (credits less debits) in Laos?
- Services balance (credit less debit), net (credits less debits) in Laos was 464.80 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Laos?
- The highest recorded value was 464.80 million in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Laos?
- The lowest recorded value was -385.64 million in 2014.
- How does Laos rank for services balance (credit less debit), net (credits less debits)?
- Laos ranks 81st out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Laos?
- Over the last ten years it is up 220.5%. 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 Services 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.