Gross domestic savings in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross domestic savings was 3.24 billion current US$ 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 US$.
Analysis
Lao People's Democratic Republic recorded 3.24 billion current US$ for gross domestic savings in 2016. That is the highest value across all 22 years on record.
The figure is up 64.2% on the previous year and up 283.5% over ten years.
Over the whole period, gross domestic savings in Lao People's Democratic Republic peaked at 3.24 billion current US$ in 2016 and was at its lowest, -28.57 million current US$, in 1988.
That places Lao People's Democratic Republic 121st out of 187 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings in Lao People's Democratic Republic, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 45.71 million current US$ | — |
| 1985 | 31.11 million current US$ | -31.9% |
| 1986 | 50.53 million current US$ | +62.4% |
| 1987 | 24.55 million current US$ | -51.4% |
| 1988 | -28.57 million current US$ | -216.4% |
| 2000 | 102.18 million current US$ | -457.6% |
| 2001 | 59.96 million current US$ | -41.3% |
| 2002 | 339.16 million current US$ | +465.6% |
| 2003 | 287.32 million current US$ | -15.3% |
| 2004 | 366.76 million current US$ | +27.7% |
| 2005 | 552.39 million current US$ | +50.6% |
| 2006 | 843.66 million current US$ | +52.7% |
| 2007 | 858.49 million current US$ | +1.8% |
| 2008 | 879.11 million current US$ | +2.4% |
| 2009 | 1.00 billion current US$ | +14.0% |
| 2010 | 963.52 million current US$ | -3.9% |
| 2011 | 1.98 billion current US$ | +105.5% |
| 2012 | 1.03 billion current US$ | -48.2% |
| 2013 | 1.06 billion current US$ | +2.9% |
| 2014 | 1.63 billion current US$ | +54.0% |
| 2015 | 1.97 billion current US$ | +21.2% |
| 2016 | 3.24 billion current US$ | +64.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 24.67 million current US$ | -28.57 million current US$ | 50.53 million current US$ | 5 |
| 2000s | 529.13 million current US$ | 59.96 million current US$ | 1.00 billion current US$ | 10 |
| 2010s | 1.69 billion current US$ | 963.52 million current US$ | 3.24 billion current US$ | 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)
- GNI, Atlas method (current US$), annual growth rate 9 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9247 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,150 current US$ per person (2025)
- GNI (current US$), annual growth rate 11.79 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.944 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,195 current US$ per person (2025)
- GNI (current LCU), annual growth rate 13.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 19,299 current LCU per US$ of GDP (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 3.24 billion current US$ 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 3.24 billion current US$ in 2016.
- What is the lowest gross domestic savings recorded in Lao People's Democratic Republic?
- The lowest recorded value was -28.57 million current US$ in 1988.
- How does Lao People's Democratic Republic rank for gross domestic savings?
- Lao People's Democratic Republic ranks 121st 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 283.5%. 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 US$). 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 indicator is expressed in United States dollars.