Gross domestic savings (% of GDP) in Laos
Laos: Gross domestic savings (% of GDP) was 20.3% in 2016. ◆ Volatile
Gross domestic savings in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2016, gross domestic savings in Laos stood at 20.3%.
Compared with earlier readings it is up 48.8% on the previous year and down 16.7% over ten years.
Over the whole period, gross domestic savings in Laos peaked at 24.4% in 2006 and was at its lowest, -4.8%, in 1988.
Laos ranks 98th of 188 countries on this measure, 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 (% of GDP) in Laos, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 2.6% | — |
| 1985 | 1.3% | -49.5% |
| 1986 | 2.8% | +116.3% |
| 1987 | 2.3% | -20.6% |
| 1988 | -4.8% | -311.2% |
| 2000 | 5.9% | -223.7% |
| 2001 | 3.4% | -42.6% |
| 2002 | 19.3% | +469.0% |
| 2003 | 14.2% | -26.4% |
| 2004 | 15.5% | +9.1% |
| 2005 | 20.2% | +30.3% |
| 2006 | 24.4% | +20.9% |
| 2007 | 20.3% | -16.8% |
| 2008 | 16.1% | -20.6% |
| 2009 | 17.2% | +6.4% |
| 2010 | 13.5% | -21.3% |
| 2011 | 22.6% | +67.5% |
| 2012 | 10.1% | -55.5% |
| 2013 | 8.8% | -12.5% |
| 2014 | 12.3% | +39.0% |
| 2015 | 13.7% | +11.5% |
| 2016 | 20.3% | +48.8% |
Laos compared with similar countries
- Laos's 20.3% is above the median for lower middle income countries, which is 12.2%, 1.7× the median. (45 countries reporting)
- Laos's 20.3% is below the median for East Asia & Pacific, which is 22.0%, 92% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% of GDP) in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +469.0% | 3.4% | 19.3% |
| 1988 | -311.2% | 2.3% | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | -4.8% | 2.8% | 5 |
| 2000s | 15.7% | 3.4% | 24.4% | 10 |
| 2010s | 14.5% | 8.8% | 22.6% | 7 |
Countries ranked near Laos
More economy & growth data for Laos
- Real gdp growth, annual growth rate 11 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic savings in Laos?
- Gross domestic savings in Laos was 20.3% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Laos?
- The highest recorded value was 24.4% in 2006.
- What is the lowest gross domestic savings recorded in Laos?
- The lowest recorded value was -4.8% in 1988.
- How does Laos rank for gross domestic savings?
- Laos ranks 98th out of 188 countries with data for 2016.
- Is gross domestic savings rising or falling in Laos?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross domestic savings (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.