External debt stocks in Lao People's Democratic Republic
Lao People's Democratic Republic: External debt stocks was 115.4% in 2024. ▼ Falling
External debt stocks in Lao People's Democratic Republic, 1984–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Lao People's Democratic Republic recorded 115.4% for external debt stocks in 2024.
Compared with earlier readings it is down 6.1% on the previous year and up 55.3% over ten years.
Over the whole period, external debt stocks in Lao People's Democratic Republic peaked at 221.7% in 1988 and was at its lowest, 26.3%, in 1985.
That places Lao People's Democratic Republic 7th out of 122 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 41 years of available data.
External debt stocks in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 29.6% | — |
| 1985 | 26.3% | -11.4% |
| 1986 | 49.0% | +86.7% |
| 1987 | 107.1% | +118.4% |
| 1988 | 221.7% | +107.1% |
| 1989 | 206.4% | -6.9% |
| 1990 | 204.3% | -1.0% |
| 1991 | 182.2% | -10.8% |
| 1992 | 170.0% | -6.7% |
| 1993 | 149.6% | -12.0% |
| 1994 | 134.4% | -10.2% |
| 1995 | 122.8% | -8.6% |
| 1996 | 121.0% | -1.5% |
| 1997 | 136.5% | +12.8% |
| 1998 | 197.8% | +45.0% |
| 1999 | 178.8% | -9.6% |
| 2000 | 152.4% | -14.8% |
| 2001 | 149.2% | -2.1% |
| 2002 | 183.2% | +22.8% |
| 2003 | 127.8% | -30.2% |
| 2004 | 122.8% | -3.9% |
| 2005 | 116.2% | -5.3% |
| 2006 | 110.8% | -4.7% |
| 2007 | 117.6% | +6.2% |
| 2008 | 105.0% | -10.8% |
| 2009 | 109.0% | +3.8% |
| 2010 | 95.0% | -12.8% |
| 2011 | 84.3% | -11.3% |
| 2012 | 75.3% | -10.7% |
| 2013 | 70.4% | -6.5% |
| 2014 | 74.3% | +5.6% |
| 2015 | 83.3% | +12.2% |
| 2016 | 88.8% | +6.6% |
| 2017 | 93.2% | +4.9% |
| 2018 | 91.9% | -1.4% |
| 2019 | 107.8% | +17.3% |
| 2020 | 114.5% | +6.1% |
| 2021 | 105.4% | -7.9% |
| 2022 | 129.2% | +22.6% |
| 2023 | 123.0% | -4.9% |
| 2024 | 115.4% | -6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 106.7% | 26.3% | 221.7% | 6 |
| 1990s | 159.7% | 121.0% | 204.3% | 10 |
| 2000s | 129.4% | 105.0% | 183.2% | 10 |
| 2010s | 86.4% | 70.4% | 107.8% | 10 |
| 2020s | 117.5% | 105.4% | 129.2% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0911 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 211.88 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 1,863 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4.33 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1077 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 250.32 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
Frequently asked questions
- What is external debt stocks in Lao People's Democratic Republic?
- External debt stocks in Lao People's Democratic Republic was 115.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks recorded in Lao People's Democratic Republic?
- The highest recorded value was 221.7% in 1988.
- What is the lowest external debt stocks recorded in Lao People's Democratic Republic?
- The lowest recorded value was 26.3% in 1985.
- How does Lao People's Democratic Republic rank for external debt stocks?
- Lao People's Democratic Republic ranks 7th out of 122 countries with data for 2024.
- Is external debt stocks rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 55.3%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total external debt stocks to gross national income. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.