Government revenues as a share of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Government revenues as a share of GDP was 14.8% in 2022. ▲ Rising
Government revenues as a share of GDP in Lao People's Democratic Republic, 2006–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2022, government revenues as a share of gdp in Lao People's Democratic Republic stood at 14.8%.
The figure is down 1.4% on the previous year and down 29.0% over ten years.
Over the whole period, government revenues as a share of gdp in Lao People's Democratic Republic peaked at 20.9% in 2014 and was at its lowest, 0.0%, in 2006.
Lao People's Democratic Republic ranks 159th of 174 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Government revenues as a share of GDP in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 14.8% | — |
| 2009 | 14.9% | +0.5% |
| 2010 | 19.5% | +30.8% |
| 2011 | 19.3% | -1.1% |
| 2012 | 20.8% | +7.9% |
| 2013 | 20.9% | +0.2% |
| 2014 | 20.9% | +0.3% |
| 2015 | 20.4% | -2.8% |
| 2016 | 16.2% | -20.5% |
| 2017 | 16.3% | +0.7% |
| 2018 | 16.2% | -0.3% |
| 2019 | 15.5% | -4.3% |
| 2020 | 13.0% | -16.2% |
| 2021 | 15.0% | +15.1% |
| 2022 | 14.8% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | 0.0% | 14.9% | 4 |
| 2010s | 18.6% | 15.5% | 20.9% | 10 |
| 2020s | 14.3% | 13.0% | 15.0% | 3 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2016)
- Gross national expenditure (current US$), annual growth rate 1.67 % change on previous year (2016)
- Gross national expenditure (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2016)
- Gross national expenditure (current US$), per capita 2,503 current US$ per person (2016)
- Gross national expenditure (current LCU), annual growth rate 1.63 % change on previous year (2016)
- Gross national expenditure (current LCU), per unit of GDP 8,829 current LCU per US$ of GDP (2016)
- Gross national expenditure (current LCU), per capita 20.34 million current LCU per person (2016)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.56 % change on previous year (2016)
Frequently asked questions
- What is government revenues as a share of gdp in Lao People's Democratic Republic?
- Government revenues as a share of gdp in Lao People's Democratic Republic was 14.8% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 20.9% in 2014.
- What is the lowest government revenues as a share of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 2006.
- How does Lao People's Democratic Republic rank for government revenues as a share of gdp?
- Lao People's Democratic Republic ranks 159th out of 174 countries with data for 2022.
- Is government revenues as a share of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 29.0%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.