Current account balance in Laos
Laos: Current account balance was 531.37 million BoP, current US$ in 2024. ◆ Volatile
Current account balance in Laos, 1984–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Laos stood at 531.37 million BoP, current US$. That is the highest value across all 41 years on record.
That represents a change of up 31.4% on the previous year and up 127.6% over ten years.
Over the whole period, current account balance in Laos peaked at 531.37 million BoP, current US$ in 2024 and was at its lowest, -2.27 billion BoP, current US$, in 2015.
Laos ranks 59th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -107.28 million BoP, current US$ | -138.10 million BoP, current US$ | -77.70 million BoP, current US$ | 6 |
| 1990s | -102.35 million BoP, current US$ | -265.10 million BoP, current US$ | 89.70 million BoP, current US$ | 10 |
| 2000s | -21.79 million BoP, current US$ | -178.24 million BoP, current US$ | 139.41 million BoP, current US$ | 10 |
| 2010s | -1.17 billion BoP, current US$ | -2.27 billion BoP, current US$ | 29.31 million BoP, current US$ | 10 |
| 2020s | 120.87 million BoP, current US$ | -458.75 million BoP, current US$ | 531.37 million BoP, current US$ | 5 |
Countries ranked near Laos
- 57 South Sudan 577.90 million BoP, current US$ compare
- 58 Angola 536.17 million BoP, current US$ compare
- 60 Zimbabwe 501.20 million BoP, current US$ compare
- 61 San Marino 445.85 million BoP, current US$ compare
- 62 French Polynesia 411.96 million BoP, current US$ compare
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Laos?
- Current account balance in Laos was 531.37 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Laos?
- The highest recorded value was 531.37 million BoP, current US$ in 2024.
- What is the lowest current account balance recorded in Laos?
- The lowest recorded value was -2.27 billion BoP, current US$ in 2015.
- How does Laos rank for current account balance?
- Laos ranks 59th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Laos?
- Over the last ten years it is up 127.6%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. 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.