Services balance (credit less debit), Net (credits less debits) in Lao People's Democratic Republic
Lao People's Democratic Republic: Services balance (credit less debit), Net (credits less debits) was 464.80 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Lao People's Democratic Republic, 2005–2024
Source: International Monetary Fund.
Analysis
Lao People's Democratic Republic 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 Lao People's Democratic Republic peaked at 464.80 million in 2024 and was at its lowest, -385.64 million, in 2014.
That places Lao People's Democratic Republic 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) in Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
More financial sector data for Lao People's Democratic Republic
- Total reserves in months of imports, annual growth rate 10.4 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 60.63 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1414 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 328.78 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 59.83 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 344.49 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 59.83 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 344.49 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Lao People's Democratic Republic?
- Services balance (credit less debit), net (credits less debits) in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- 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 Lao People's Democratic Republic?
- The lowest recorded value was -385.64 million in 2014.
- How does Lao People's Democratic Republic rank for services balance (credit less debit), net (credits less debits)?
- Lao People's Democratic Republic ranks 81st out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 220.5%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic 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.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.