Global Revenue Statistics - Comparative tax revenues in Lao People's Democratic Republic
Lao People's Democratic Republic: Global Revenue Statistics - Comparative tax revenues was 12.73 Percentage of GDP in 2024. ▼ Falling
Global Revenue Statistics - Comparative tax revenues in Lao People's Democratic Republic, 2010–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Lao People's Democratic Republic recorded 12.73 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024.
That represents a change of up 15.9% on the previous year and up 3.6% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Lao People's Democratic Republic peaked at 12.92 Percentage of GDP in 2013 and was at its lowest, 9.17 Percentage of GDP, in 2020.
That places Lao People's Democratic Republic 117th out of 135 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Global Revenue Statistics - Comparative tax revenues in Lao People's Democratic Republic, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2010 | 11.45 Percentage of GDP | — |
| 2011 | 12.07 Percentage of GDP | +5.4% |
| 2012 | 12.22 Percentage of GDP | +1.3% |
| 2013 | 12.92 Percentage of GDP | +5.7% |
| 2014 | 12.29 Percentage of GDP | -4.9% |
| 2015 | 12.55 Percentage of GDP | +2.2% |
| 2016 | 11.91 Percentage of GDP | -5.1% |
| 2017 | 11.04 Percentage of GDP | -7.3% |
| 2018 | 10.87 Percentage of GDP | -1.6% |
| 2019 | 10.54 Percentage of GDP | -3.0% |
| 2020 | 9.17 Percentage of GDP | -13.0% |
| 2021 | 9.6 Percentage of GDP | +4.7% |
| 2022 | 10.32 Percentage of GDP | +7.5% |
| 2023 | 10.98 Percentage of GDP | +6.4% |
| 2024 | 12.73 Percentage of GDP | +15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.79 Percentage of GDP | 10.54 Percentage of GDP | 12.92 Percentage of GDP | 10 |
| 2020s | 10.56 Percentage of GDP | 9.17 Percentage of GDP | 12.73 Percentage of GDP | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,077 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 18,267 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 42.47 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.54 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.08 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is global revenue statistics - comparative tax revenues in Lao People's Democratic Republic?
- Global revenue statistics - comparative tax revenues in Lao People's Democratic Republic was 12.73 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Lao People's Democratic Republic?
- The highest recorded value was 12.92 Percentage of GDP in 2013.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Lao People's Democratic Republic?
- The lowest recorded value was 9.17 Percentage of GDP in 2020.
- How does Lao People's Democratic Republic rank for global revenue statistics - comparative tax revenues?
- Lao People's Democratic Republic ranks 117th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 3.6%. 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 Organisation for Economic Co-operation and Development, published as part of Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.