Adjusted savings: education expenditure in Laos
Laos: Adjusted savings: education expenditure was 462.27 million current US$ in 2021. ◆ Volatile
Adjusted savings: education expenditure in Laos, 1984–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: education expenditure in Laos stood at 462.27 million current US$.
That represents a change of down 0.9% on the previous year and up 280.5% over ten years.
Over the whole period, adjusted savings: education expenditure in Laos peaked at 466.55 million current US$ in 2020 and was at its lowest, 10.78 million current US$, in 1988.
That places Laos 132nd out of 195 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Laos, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 31.63 million current US$ | — |
| 1985 | 42.60 million current US$ | +34.7% |
| 1986 | 31.98 million current US$ | -24.9% |
| 1987 | 19.57 million current US$ | -38.8% |
| 1988 | 10.78 million current US$ | -44.9% |
| 1989 | 12.85 million current US$ | +19.2% |
| 1990 | 15.58 million current US$ | +21.2% |
| 1991 | 18.51 million current US$ | +18.8% |
| 1992 | 20.30 million current US$ | +9.7% |
| 1993 | 25.39 million current US$ | +25.1% |
| 1994 | 29.48 million current US$ | +16.1% |
| 1995 | 33.39 million current US$ | +13.3% |
| 1996 | 39.20 million current US$ | +17.4% |
| 1997 | 32.39 million current US$ | -17.4% |
| 1998 | 16.99 million current US$ | -47.5% |
| 1999 | 16.23 million current US$ | -4.5% |
| 2000 | 14.94 million current US$ | -7.9% |
| 2001 | 18.53 million current US$ | +24.0% |
| 2002 | 19.99 million current US$ | +7.9% |
| 2003 | 25.21 million current US$ | +26.1% |
| 2004 | 33.13 million current US$ | +31.4% |
| 2005 | 28.03 million current US$ | -15.4% |
| 2006 | 36.11 million current US$ | +28.8% |
| 2007 | 47.38 million current US$ | +31.2% |
| 2008 | 63.27 million current US$ | +33.5% |
| 2009 | 72.32 million current US$ | +14.3% |
| 2010 | 99.57 million current US$ | +37.7% |
| 2011 | 121.50 million current US$ | +22.0% |
| 2012 | 134.87 million current US$ | +11.0% |
| 2013 | 330.97 million current US$ | +145.4% |
| 2014 | 331.70 million current US$ | +0.2% |
| 2015 | 360.22 million current US$ | +8.6% |
| 2016 | 397.94 million current US$ | +10.5% |
| 2017 | 422.55 million current US$ | +6.2% |
| 2018 | 453.54 million current US$ | +7.3% |
| 2019 | 461.38 million current US$ | +1.7% |
| 2020 | 466.55 million current US$ | +1.1% |
| 2021 | 462.27 million current US$ | -0.9% |
Laos compared with similar countries
- Laos's 462.27 million current US$ is below the median for lower middle income countries, which is 720.82 million current US$, 64% of the median. (47 countries reporting)
- Laos's 462.27 million current US$ is below the median for East Asia & Pacific, which is 597.34 million current US$, 77% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: education expenditure in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +145.4% | 134.87 million current US$ | 330.97 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.90 million current US$ | 10.78 million current US$ | 42.60 million current US$ | 6 |
| 1990s | 24.75 million current US$ | 15.58 million current US$ | 39.20 million current US$ | 10 |
| 2000s | 35.89 million current US$ | 14.94 million current US$ | 72.32 million current US$ | 10 |
| 2010s | 311.42 million current US$ | 99.57 million current US$ | 461.38 million current US$ | 10 |
| 2020s | 464.41 million current US$ | 462.27 million current US$ | 466.55 million current US$ | 2 |
Countries ranked near Laos
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: education expenditure in Laos?
- Adjusted savings: education expenditure in Laos was 462.27 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: education expenditure recorded in Laos?
- The highest recorded value was 466.55 million current US$ in 2020.
- What is the lowest adjusted savings: education expenditure recorded in Laos?
- The lowest recorded value was 10.78 million current US$ in 1988.
- How does Laos rank for adjusted savings: education expenditure?
- Laos ranks 132nd out of 195 countries with data for 2021.
- Is adjusted savings: education expenditure rising or falling in Laos?
- Over the last ten years it is up 280.5%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.