Gross savings (current LCU), annual growth rate in Laos
Laos: Gross savings (current LCU), annual growth rate was 80.96 % change on previous year in 2016. ◆ Volatile
Gross savings (current LCU), annual growth rate in Laos, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Laos recorded 80.96 % change on previous year for gross savings (current lcu), annual growth rate in 2016.
That represents a change of up 405.9% on the previous year and up 137.0% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Laos peaked at 127.02 % change on previous year in 2011 and was at its lowest, -115.94 % change on previous year, in 1988.
Laos ranks 5th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 18.17 % change on previous year | — |
| 1986 | 111.94 % change on previous year | +516.0% |
| 1987 | 17.29 % change on previous year | -84.6% |
| 1988 | -115.94 % change on previous year | -770.7% |
| 2001 | -81.15 % change on previous year | -30.0% |
| 2003 | -30.79 % change on previous year | -62.1% |
| 2004 | 64.06 % change on previous year | -308.1% |
| 2005 | 60.01 % change on previous year | -6.3% |
| 2006 | 34.15 % change on previous year | -43.1% |
| 2007 | -1.96 % change on previous year | -105.7% |
| 2008 | -13.94 % change on previous year | +613.2% |
| 2009 | 23.61 % change on previous year | -269.3% |
| 2010 | -31.02 % change on previous year | -231.4% |
| 2011 | 127.02 % change on previous year | -509.5% |
| 2012 | -56.65 % change on previous year | -144.6% |
| 2013 | -4.25 % change on previous year | -92.5% |
| 2014 | 102.42 % change on previous year | -2508.6% |
| 2015 | 16 % change on previous year | -84.4% |
| 2016 | 80.96 % change on previous year | +405.9% |
Laos compared with similar countries
- Laos's 80.96 % change on previous year is above the median for lower middle income countries, which is 11.63 % change on previous year, 7.0× the median. (45 countries reporting)
- Laos's 80.96 % change on previous year is above the median for East Asia & Pacific, which is 5.17 % change on previous year, 15.7× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2014 | +2508.6% | -4.25 % change on previous year | 102.42 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 7.86 % change on previous year | -115.94 % change on previous year | 111.94 % change on previous year | 4 |
| 2000s | 6.75 % change on previous year | -81.15 % change on previous year | 64.06 % change on previous year | 8 |
| 2010s | 33.5 % change on previous year | -56.65 % change on previous year | 127.02 % change on previous year | 7 |
Countries ranked near Laos
- 2 Chad 355.32 % change on previous year compare
- 3 Venezuela 148.86 % change on previous year compare
- 4 Sierra Leone 90.91 % change on previous year compare
- 6 Ghana 78.93 % change on previous year compare
- 7 Honduras 59.57 % change on previous year compare
- 8 Sudan 59.53 % change on previous year compare
More economy & growth data for Laos
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), annual growth rate in Laos?
- Gross savings (current lcu), annual growth rate in Laos was 80.96 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Laos?
- The highest recorded value was 127.02 % change on previous year in 2011.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Laos?
- The lowest recorded value was -115.94 % change on previous year in 1988.
- How does Laos rank for gross savings (current lcu), annual growth rate?
- Laos ranks 5th out of 177 countries with data for 2016.
- Is gross savings (current lcu), annual growth rate rising or falling in Laos?
- Over the last ten years it is up 137.0%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.