Government Debt to GDP in Laos increased to 52.64 percent in 2019 from 51.41 percent in 2018. source: Bank of the Lao PDR

Government Debt to GDP in Laos averaged 51.36 percent from 1991 until 2019, reaching an all time high of 81.70 percent in 2004 and a record low of 33.61 percent in 1991. This page provides - Laos Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Government Debt to GDP - values, historical data and charts - was last updated on June of 2021.

Government Debt to GDP in Laos is expected to reach 57.70 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Debt to GDP is projected to trend around 58.20 percent in 2022, according to our econometric models.

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Laos Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.64 51.41 81.70 33.61 1991 - 2019 percent of GDP Yearly

Laos Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.64 51.41 81.70 33.61 percent of GDP [+]
Government Budget -3.20 -4.60 -2.80 -8.90 percent of GDP [+]
Credit Rating 20.00 [+]
Government Budget Value -5295.00 -7059.10 -89.40 -7811.00 LAK Billion [+]
Government Revenues 25328.67 23943.80 25328.67 275.00 LAK Billion [+]
Fiscal Expenditure 30623.68 31001.90 31001.90 364.40 LAK Billion [+]

Laos Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.