Adjusted savings: net national savings in Lao People's Democratic Republic
Lao People's Democratic Republic: Adjusted savings: net national savings was 3.3% in 2016. ◆ Volatile
Adjusted savings: net national savings in Lao People's Democratic Republic, 1984–2016
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2016, adjusted savings: net national savings in Lao People's Democratic Republic stood at 3.3%.
The figure is up 203.7% on the previous year and down 70.2% over ten years.
Over the whole period, adjusted savings: net national savings in Lao People's Democratic Republic peaked at 11.1% in 2006 and was at its lowest, -12.0%, in 2001.
Lao People's Democratic Republic ranks 133rd of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | -5.9% | — |
| 1985 | -6.6% | +12.5% |
| 1986 | -5.4% | -17.6% |
| 1987 | -5.4% | +0.1% |
| 1988 | -10.8% | +97.5% |
| 2000 | -7.2% | -32.9% |
| 2001 | -12.0% | +66.0% |
| 2002 | 7.0% | -158.7% |
| 2003 | -1.9% | -127.2% |
| 2004 | 2.5% | -230.0% |
| 2005 | 7.5% | +202.5% |
| 2006 | 11.1% | +47.9% |
| 2007 | 7.1% | -36.4% |
| 2008 | 0.3% | -96.4% |
| 2009 | 2.5% | +893.2% |
| 2010 | -5.6% | -320.4% |
| 2011 | 4.9% | -187.2% |
| 2012 | -5.7% | -217.9% |
| 2013 | -7.1% | +23.0% |
| 2014 | -2.6% | -63.3% |
| 2015 | -3.2% | +23.4% |
| 2016 | 3.3% | -203.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -6.8% | -10.8% | -5.4% | 5 |
| 2000s | 1.7% | -12.0% | 11.1% | 10 |
| 2010s | -2.3% | -7.1% | 4.9% | 7 |
Countries ranked near Lao People's Democratic Republic
- 130 Romania 3.6% compare
- 131 New Zealand 3.6% compare
- 132 South Africa 3.5% compare
- 134 Aruba 3.2% compare
- 135 Cameroon 3.0% compare
- 136 Antigua and Barbuda 3.0% compare
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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.69 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 5,337 current LCU per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 12.29 million current LCU per person (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.53 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.675 constant 2015 US$ per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,555 constant 2015 US$ per person (2016)
- Final consumption expenditure (current US$), annual growth rate 1.78 % change on previous year (2016)
- Final consumption expenditure (current US$), per unit of GDP 0.7967 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is adjusted savings: net national savings in Lao People's Democratic Republic?
- Adjusted savings: net national savings in Lao People's Democratic Republic was 3.3% in 2016, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Lao People's Democratic Republic?
- The highest recorded value was 11.1% in 2006.
- What is the lowest adjusted savings: net national savings recorded in Lao People's Democratic Republic?
- The lowest recorded value was -12.0% in 2001.
- How does Lao People's Democratic Republic rank for adjusted savings: net national savings?
- Lao People's Democratic Republic ranks 133rd out of 177 countries with data for 2016.
- Is adjusted savings: net national savings rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 70.2%. 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: net national savings (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.