Debt service as a share of exports of good and services in Lao People's Democratic Republic
Lao People's Democratic Republic: Debt service as a share of exports of good and services was 6.8% in 2023. ▬ Flat
Debt service as a share of exports of good and services in Lao People's Democratic Republic, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2023, debt service as a share of exports of good and services in Lao People's Democratic Republic stood at 6.8%.
The figure is up 26.5% on the previous year and up 17.1% over ten years.
Over the whole period, debt service as a share of exports of good and services in Lao People's Democratic Republic peaked at 11.4% in 2019 and was at its lowest, 4.0%, in 2010.
That places Lao People's Democratic Republic 66th out of 116 countries with data for 2023, putting it in the middle of the range.
Debt service as a share of exports of good and services in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 7.9% | — |
| 2001 | 9.0% | +13.0% |
| 2002 | 9.4% | +4.6% |
| 2003 | 10.9% | +16.2% |
| 2004 | 10.0% | -8.6% |
| 2005 | 8.1% | -19.1% |
| 2006 | 4.9% | -39.1% |
| 2007 | 4.9% | -0.4% |
| 2008 | 5.2% | +5.5% |
| 2009 | 6.4% | +23.8% |
| 2010 | 4.0% | -37.2% |
| 2011 | 6.7% | +66.8% |
| 2012 | 5.4% | -18.8% |
| 2013 | 5.8% | +6.6% |
| 2014 | 5.3% | -7.8% |
| 2015 | 5.4% | +0.9% |
| 2016 | 7.2% | +34.0% |
| 2017 | 8.3% | +15.4% |
| 2018 | 10.1% | +21.7% |
| 2019 | 11.4% | +12.9% |
| 2020 | 10.0% | -12.7% |
| 2021 | 8.5% | -15.0% |
| 2022 | 5.4% | -36.9% |
| 2023 | 6.8% | +26.5% |
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 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)
- 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 share of exports of good and services in Lao People's Democratic Republic?
- Debt service as a share of exports of good and services in Lao People's Democratic Republic was 6.8% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Lao People's Democratic Republic?
- The highest recorded value was 11.4% in 2019.
- What is the lowest debt service as a share of exports of good and services recorded in Lao People's Democratic Republic?
- The lowest recorded value was 4.0% in 2010.
- How does Lao People's Democratic Republic rank for debt service as a share of exports of good and services?
- Lao People's Democratic Republic ranks 66th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is flat.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).