Adjusted savings: natural resources depletion in Lao People's Democratic Republic
Lao People's Democratic Republic: Adjusted savings: natural resources depletion was 3.4% in 2021. ▼ Falling
Adjusted savings: natural resources depletion in Lao People's Democratic Republic, 1984–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: natural resources depletion in Lao People's Democratic Republic is 3.4%, measured in 2021.
That represents a change of up 50.8% on the previous year and down 68.6% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Lao People's Democratic Republic peaked at 11.0% in 2011 and was at its lowest, 1.5%, in 1985.
That places Lao People's Democratic Republic 67th out of 184 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 38 years of available data.
Adjusted savings: natural resources depletion in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 1.9% | — |
| 1985 | 1.5% | -20.3% |
| 1986 | 2.9% | +93.6% |
| 1987 | 5.0% | +73.8% |
| 1988 | 9.1% | +82.3% |
| 1989 | 7.8% | -14.6% |
| 1990 | 6.9% | -11.9% |
| 1991 | 7.0% | +1.7% |
| 1992 | 7.1% | +1.6% |
| 1993 | 6.1% | -14.1% |
| 1994 | 6.4% | +5.7% |
| 1995 | 9.1% | +41.0% |
| 1996 | 8.6% | -5.8% |
| 1997 | 7.8% | -8.5% |
| 1998 | 8.8% | +12.5% |
| 1999 | 5.2% | -41.0% |
| 2000 | 4.2% | -20.1% |
| 2001 | 4.6% | +11.9% |
| 2002 | 4.9% | +6.1% |
| 2003 | 6.7% | +35.0% |
| 2004 | 5.9% | -11.6% |
| 2005 | 5.4% | -8.7% |
| 2006 | 9.5% | +76.8% |
| 2007 | 9.2% | -3.0% |
| 2008 | 9.8% | +6.7% |
| 2009 | 7.9% | -19.3% |
| 2010 | 10.3% | +29.8% |
| 2011 | 11.0% | +6.6% |
| 2012 | 8.5% | -22.6% |
| 2013 | 7.5% | -12.1% |
| 2014 | 6.3% | -15.4% |
| 2015 | 4.5% | -29.2% |
| 2016 | 3.8% | -14.8% |
| 2017 | 4.1% | +7.3% |
| 2018 | 2.9% | -29.5% |
| 2019 | 2.5% | -14.8% |
| 2020 | 2.3% | -6.9% |
| 2021 | 3.4% | +50.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.7% | 1.5% | 9.1% | 6 |
| 1990s | 7.3% | 5.2% | 9.1% | 10 |
| 2000s | 6.8% | 4.2% | 9.8% | 10 |
| 2010s | 6.1% | 2.5% | 11.0% | 10 |
| 2020s | 2.9% | 2.3% | 3.4% | 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)
- Total reserves minus gold (current US$), annual growth rate 25.05 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1341 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 284.82 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2016)
- General government final consumption expenditure (current US$), per 0.1397 current US$ per US$ of GDP (2016)
- General government final consumption expenditure (current US$), per 321.78 current US$ per person (2016)
- General government final consumption expenditure (current LCU) 1.97 % change on previous year (2016)
- General government final consumption expenditure (current LCU), per 1,135 current LCU per US$ of GDP (2016)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Lao People's Democratic Republic?
- Adjusted savings: natural resources depletion in Lao People's Democratic Republic was 3.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Lao People's Democratic Republic?
- The highest recorded value was 11.0% in 2011.
- What is the lowest adjusted savings: natural resources depletion recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.5% in 1985.
- How does Lao People's Democratic Republic rank for adjusted savings: natural resources depletion?
- Lao People's Democratic Republic ranks 67th out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 68.6%. The long-run trend across the full record is falling.
- 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: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. 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.