Adjusted savings: mineral depletion in Lao People's Democratic Republic
Lao People's Democratic Republic: Adjusted savings: mineral depletion was 1.9% in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Lao People's Democratic Republic, 1984–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Lao People's Democratic Republic recorded 1.9% for adjusted savings: mineral depletion in 2021.
That represents a change of up 210.9% on the previous year and down 69.0% over ten years.
Over the whole period, adjusted savings: mineral depletion in Lao People's Democratic Republic peaked at 6.0% in 2006 and was at its lowest, 0.0%, in 1986.
That places Lao People's Democratic Republic 31st out of 208 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 0.1% | — |
| 1985 | 0.0% | -39.5% |
| 1986 | 0.0% | -100.0% |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 1991 | 0.0% | — |
| 1992 | 0.0% | — |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | — |
| 1998 | 0.0% | — |
| 1999 | 0.0% | — |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.6% | — |
| 2004 | 0.6% | -10.8% |
| 2005 | 2.0% | +256.7% |
| 2006 | 6.0% | +201.9% |
| 2007 | 5.1% | -14.9% |
| 2008 | 4.6% | -10.2% |
| 2009 | 3.7% | -19.4% |
| 2010 | 5.9% | +59.8% |
| 2011 | 6.0% | +1.2% |
| 2012 | 4.8% | -20.6% |
| 2013 | 4.1% | -14.0% |
| 2014 | 2.0% | -51.8% |
| 2015 | 1.6% | -21.1% |
| 2016 | 1.0% | -34.4% |
| 2017 | 1.3% | +30.2% |
| 2018 | 1.2% | -9.8% |
| 2019 | 0.9% | -21.1% |
| 2020 | 0.6% | -36.9% |
| 2021 | 1.9% | +210.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.1% | 6 |
| 1990s | 0.0% | 0.0% | 0.0% | 10 |
| 2000s | 2.3% | 0.0% | 6.0% | 10 |
| 2010s | 2.9% | 0.9% | 6.0% | 10 |
| 2020s | 1.2% | 0.6% | 1.9% | 2 |
Countries ranked near Lao People's Democratic Republic
More economy & growth data for Lao People's Democratic Republic
- 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: mineral depletion in Lao People's Democratic Republic?
- Adjusted savings: mineral depletion in Lao People's Democratic Republic was 1.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Lao People's Democratic Republic?
- The highest recorded value was 6.0% in 2006.
- What is the lowest adjusted savings: mineral depletion recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 1986.
- How does Lao People's Democratic Republic rank for adjusted savings: mineral depletion?
- Lao People's Democratic Republic ranks 31st out of 208 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 69.0%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: mineral depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.