Laos recorded a Government Debt to GDP of 55.66 percent of the country's Gross Domestic Product in 2020. source: Bank of the Lao PDR

Government Debt to GDP in Laos averaged 51.54 percent of GDP from 1991 until 2020, reaching an all time high of 81.70 percent of GDP in 2004 and a record low of 33.61 percent of GDP 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 September of 2021.

Government Debt to GDP in Laos is expected to reach 57.70 percent of GDP 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 of GDP in 2022, according to our econometric models.

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Laos Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
55.66 53.08 81.70 33.61 1991 - 2020 percent of GDP Yearly

Laos Government Last Previous Highest Lowest Unit
Government Debt to GDP 55.66 53.08 81.70 33.61 percent of GDP [+]
Government Budget -5.22 -3.20 -2.80 -8.90 percent of GDP [+]
Credit Rating 20.00 [+]
Government Budget Value -9012.42 -5283.15 -89.40 -9012.42 LAK Billion [+]
Government Revenues 21845.75 25340.53 25340.53 275.00 LAK Billion [+]
Fiscal Expenditure 30858.17 30623.68 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.