Services, Credit/Revenue in Laos
Laos: Services, Credit/Revenue was 1.73 billion in 2024. ◆ Volatile
Services, Credit/Revenue in Laos, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services, credit/revenue in Laos stood at 1.73 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 30.5% on the previous year and up 126.5% over ten years.
Over the whole period, services, credit/revenue in Laos peaked at 1.73 billion in 2024 and was at its lowest, 125.33 million, in 2021.
Laos ranks 116th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, Credit/Revenue in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 204.24 million | — |
| 2006 | 223.43 million | +9.4% |
| 2007 | 278.14 million | +24.5% |
| 2008 | 401.62 million | +44.4% |
| 2009 | 397.26 million | -1.1% |
| 2010 | 510.99 million | +28.6% |
| 2011 | 549.64 million | +7.6% |
| 2012 | 643.35 million | +17.0% |
| 2013 | 780.63 million | +21.3% |
| 2014 | 764.44 million | -2.1% |
| 2015 | 844.07 million | +10.4% |
| 2016 | 834.65 million | -1.1% |
| 2017 | 780.56 million | -6.5% |
| 2018 | 985.35 million | +26.2% |
| 2019 | 1.18 billion | +19.7% |
| 2020 | 346.56 million | -70.6% |
| 2021 | 125.33 million | -63.8% |
| 2022 | 406.10 million | +224.0% |
| 2023 | 1.33 billion | +226.9% |
| 2024 | 1.73 billion | +30.5% |
Laos compared with similar countries
- Laos's 1.73 billion is above the median for lower middle income countries, which is 1.29 billion, 1.3× the median. (46 countries reporting)
- Laos's 1.73 billion is above the median for East Asia & Pacific, which is 1.60 billion, 1.1× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Services, Credit/Revenue 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 |
|---|---|---|---|
| 2023 | +226.9% | 406.10 million | 1.33 billion |
| 2022 | +224.0% | 125.33 million | 406.10 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 300.94 million | 204.24 million | 401.62 million | 5 |
| 2010s | 787.29 million | 510.99 million | 1.18 billion | 10 |
| 2020s | 787.42 million | 125.33 million | 1.73 billion | 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, credit/revenue in Laos?
- Services, credit/revenue in Laos was 1.73 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Laos?
- The highest recorded value was 1.73 billion in 2024.
- What is the lowest services, credit/revenue recorded in Laos?
- The lowest recorded value was 125.33 million in 2021.
- How does Laos rank for services, credit/revenue?
- Laos ranks 116th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Laos?
- Over the last ten years it is up 126.5%. 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, Credit/Revenue (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.