Gross domestic savings in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross domestic savings was 26.29 trillion current LCU in 2016. ◆ Volatile
Gross domestic savings in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2016, gross domestic savings in Lao People's Democratic Republic stood at 26.29 trillion current LCU. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 64.1% on the previous year and up 206.9% over ten years.
Over the whole period, gross domestic savings in Lao People's Democratic Republic peaked at 26.29 trillion current LCU in 2016 and was at its lowest, -11.20 billion current LCU, in 1988.
That places Lao People's Democratic Republic 22nd out of 187 countries with data for 2016, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Lao People's Democratic Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 1.60 billion current LCU | — |
| 1985 | 1.40 billion current LCU | -12.5% |
| 1986 | 4.80 billion current LCU | +242.9% |
| 1987 | 4.30 billion current LCU | -10.4% |
| 1988 | -11.20 billion current LCU | -360.5% |
| 2000 | 804.99 billion current LCU | -7287.4% |
| 2001 | 532.37 billion current LCU | -33.9% |
| 2002 | 3.41 trillion current LCU | +540.7% |
| 2003 | 3.02 trillion current LCU | -11.4% |
| 2004 | 3.88 trillion current LCU | +28.5% |
| 2005 | 5.89 trillion current LCU | +51.6% |
| 2006 | 8.57 trillion current LCU | +45.5% |
| 2007 | 8.24 trillion current LCU | -3.8% |
| 2008 | 7.68 trillion current LCU | -6.8% |
| 2009 | 8.53 trillion current LCU | +11.0% |
| 2010 | 7.95 trillion current LCU | -6.8% |
| 2011 | 15.90 trillion current LCU | +99.9% |
| 2012 | 8.22 trillion current LCU | -48.3% |
| 2013 | 8.27 trillion current LCU | +0.7% |
| 2014 | 13.08 trillion current LCU | +58.1% |
| 2015 | 16.02 trillion current LCU | +22.4% |
| 2016 | 26.29 trillion current LCU | +64.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 180.00 million current LCU | -11.20 billion current LCU | 4.80 billion current LCU | 5 |
| 2000s | 5.06 trillion current LCU | 532.37 billion current LCU | 8.57 trillion current LCU | 10 |
| 2010s | 13.68 trillion current LCU | 7.95 trillion current LCU | 26.29 trillion current LCU | 7 |
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)
- GDP (current US$), annual growth rate 10.91 % change on previous year (2025)
- GDP (current US$), per capita 2,325 current US$ per person (2025)
- GDP (current LCU), annual growth rate 12.43 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 20,444 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 47.53 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.54 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.21 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,807 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross domestic savings in Lao People's Democratic Republic?
- Gross domestic savings in Lao People's Democratic Republic was 26.29 trillion current LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Lao People's Democratic Republic?
- The highest recorded value was 26.29 trillion current LCU in 2016.
- What is the lowest gross domestic savings recorded in Lao People's Democratic Republic?
- The lowest recorded value was -11.20 billion current LCU in 1988.
- How does Lao People's Democratic Republic rank for gross domestic savings?
- Lao People's Democratic Republic ranks 22nd out of 187 countries with data for 2016.
- Is gross domestic savings rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 206.9%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.