Laos recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2024. Government Budget in Laos averaged -5.11 percent of GDP from 2000 until 2024, reaching an all time high of -0.30 percent of GDP in 2022 and a record low of -8.90 percent of GDP in 2010. source: Bank of the Lao PDR
Government Budget in Laos is expected to reach -2.70 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Budget is projected to trend around -3.00 percent of GDP in 2026 and -3.20 percent of GDP in 2027, according to our econometric models.