Current account balance (BoP, current US$), annual growth rate in Laos
Laos: Current account balance (BoP, current US$), annual growth rate was 31.36 % change on previous year in 2024. ◆ Volatile
Current account balance (BoP, current US$), annual growth rate in Laos, 1985–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, current account balance (bop, current us$), annual growth rate in Laos stood at 31.36 % change on previous year.
Compared with earlier readings it is down 83.3% on the previous year and up 129.8% over ten years.
Over the whole period, current account balance (bop, current us$), annual growth rate in Laos peaked at 241.79 % change on previous year in 2021 and was at its lowest, -803.96 % change on previous year, in 2011.
Laos ranks 53rd of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 6.17 % change on previous year | — |
| 1986 | 2.54 % change on previous year | -58.8% |
| 1987 | -24.3 % change on previous year | -1055.3% |
| 1988 | 43.74 % change on previous year | -280.0% |
| 1989 | -4.63 % change on previous year | -110.6% |
| 1990 | 32.47 % change on previous year | -800.9% |
| 1991 | 46.08 % change on previous year | +41.9% |
| 1992 | -63.51 % change on previous year | -237.8% |
| 1993 | 26.24 % change on previous year | -141.3% |
| 1994 | -349.02 % change on previous year | -1430.1% |
| 1995 | -47.66 % change on previous year | -86.3% |
| 1996 | -12 % change on previous year | -74.8% |
| 1997 | 22.29 % change on previous year | -285.8% |
| 1998 | 62.86 % change on previous year | +182.0% |
| 1999 | 217.25 % change on previous year | +245.6% |
| 2000 | -109.44 % change on previous year | -150.4% |
| 2001 | -694.9 % change on previous year | +534.9% |
| 2002 | 112.28 % change on previous year | -116.2% |
| 2003 | -459.14 % change on previous year | -508.9% |
| 2004 | -500 % change on previous year | +8.9% |
| 2005 | 2.5 % change on previous year | -100.5% |
| 2006 | 143.33 % change on previous year | +5641.0% |
| 2007 | 85.11 % change on previous year | -40.6% |
| 2008 | -44.38 % change on previous year | -152.1% |
| 2009 | -178.54 % change on previous year | +302.3% |
| 2010 | 148.12 % change on previous year | -183.0% |
| 2011 | -803.96 % change on previous year | -642.8% |
| 2012 | -262.49 % change on previous year | -67.4% |
| 2013 | -25.41 % change on previous year | -90.3% |
| 2014 | -105.18 % change on previous year | +314.0% |
| 2015 | -17.83 % change on previous year | -83.0% |
| 2016 | 38.92 % change on previous year | -318.3% |
| 2017 | 9.04 % change on previous year | -76.8% |
| 2018 | -30.89 % change on previous year | -441.8% |
| 2019 | 19.97 % change on previous year | -164.7% |
| 2020 | 76.93 % change on previous year | +285.1% |
| 2021 | 241.79 % change on previous year | +214.3% |
| 2022 | -206.28 % change on previous year | -185.3% |
| 2023 | 188.18 % change on previous year | -191.2% |
| 2024 | 31.36 % change on previous year | -83.3% |
Laos compared with similar countries
- Laos's 31.36 % change on previous year is above the median for lower middle income countries, which is 19.11 % change on previous year, 1.6× the median. (47 countries reporting)
- Laos's 31.36 % change on previous year is above the median for East Asia & Pacific, which is 22.26 % change on previous year, 1.4× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Current account balance (BoP, current US$), annual growth rate in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +5641.0% | 2.5 % change on previous year | 143.33 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.7 % change on previous year | -24.3 % change on previous year | 43.74 % change on previous year | 5 |
| 1990s | -6.5 % change on previous year | -349.02 % change on previous year | 217.25 % change on previous year | 10 |
| 2000s | -164.32 % change on previous year | -694.9 % change on previous year | 143.33 % change on previous year | 10 |
| 2010s | -102.97 % change on previous year | -803.96 % change on previous year | 148.12 % change on previous year | 10 |
| 2020s | 66.39 % change on previous year | -206.28 % change on previous year | 241.79 % change on previous year | 5 |
Countries ranked near Laos
- 50 Samoa 36.12 % change on previous year compare
- 51 Faroe Islands 34.68 % change on previous year compare
- 52 Barbados 34.48 % change on previous year compare
- 54 Tunisia 30.19 % change on previous year compare
- 55 South Africa 29.96 % change on previous year compare
- 56 Mali 28.05 % change on previous year compare
More economy & growth data for Laos
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is current account balance (bop, current us$), annual growth rate in Laos?
- Current account balance (bop, current us$), annual growth rate in Laos was 31.36 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest current account balance (bop, current us$), annual growth rate recorded in Laos?
- The highest recorded value was 241.79 % change on previous year in 2021.
- What is the lowest current account balance (bop, current us$), annual growth rate recorded in Laos?
- The lowest recorded value was -803.96 % change on previous year in 2011.
- How does Laos rank for current account balance (bop, current us$), annual growth rate?
- Laos ranks 53rd out of 198 countries with data for 2024.
- Is current account balance (bop, current us$), annual growth rate rising or falling in Laos?
- Over the last ten years it is up 129.8%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Current account balance (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Current account balance Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Current account balance (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.