Debt service as a proportion of exports of goods, services and in Laos
Laos: Debt service as a proportion of exports of goods, services and was 6.8% in 2023. ▬ Flat
Latest (2023)
6.8%
Change on year
up 26.3%
World rank
69th
of 125 countries
All-time high
11.4%
in 2019
All-time low
4.0%
in 2010
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Laos, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Laos recorded 6.8% for debt service as a proportion of exports of goods, services and in 2023.
The figure is up 26.3% on the previous year and up 17.1% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Laos peaked at 11.4% in 2019 and was at its lowest, 4.0%, in 2010.
Laos ranks 69th of 125 countries on this measure, in the middle of the range.
Debt service as a proportion of exports of goods, services and in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.9% | — |
| 2001 | 9.0% | +13.0% |
| 2002 | 9.4% | +4.6% |
| 2003 | 10.9% | +16.2% |
| 2004 | 10.0% | -8.7% |
| 2005 | 8.1% | -19.1% |
| 2006 | 4.9% | -39.1% |
| 2007 | 4.9% | -0.3% |
| 2008 | 5.2% | +5.5% |
| 2009 | 6.4% | +23.9% |
| 2010 | 4.0% | -37.3% |
| 2011 | 6.7% | +67.0% |
| 2012 | 5.4% | -18.9% |
| 2013 | 5.8% | +6.6% |
| 2014 | 5.3% | -7.6% |
| 2015 | 5.4% | +0.8% |
| 2016 | 7.2% | +34.0% |
| 2017 | 8.3% | +15.4% |
| 2018 | 10.1% | +21.7% |
| 2019 | 11.4% | +12.9% |
| 2020 | 10.0% | -12.6% |
| 2021 | 8.5% | -15.0% |
| 2022 | 5.4% | -36.9% |
| 2023 | 6.8% | +26.3% |
Laos compared with similar countries
- Laos's 6.8% is below the median for lower middle income countries, which is 7.0%, 97% of the median. (41 countries reporting)
- Laos's 6.8% is above the median for East Asia & Pacific, which is 4.7%, 1.4× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.7% | 4.9% | 10.9% | 10 |
| 2010s | 7.0% | 4.0% | 11.4% | 10 |
| 2020s | 7.7% | 5.4% | 10.0% | 4 |
Countries ranked near Laos
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 debt service as a proportion of exports of goods, services and in Laos?
- Debt service as a proportion of exports of goods, services and in Laos was 6.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Laos?
- The highest recorded value was 11.4% in 2019.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Laos?
- The lowest recorded value was 4.0% in 2010.
- How does Laos rank for debt service as a proportion of exports of goods, services and?
- Laos ranks 69th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Laos?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is flat.
- Where does this Laos data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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