Gross savings (current LCU), per unit of GDP in Laos
Laos: Gross savings (current LCU), per unit of GDP was 1,433 current LCU per US$ of GDP in 2016. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Laos, 1984–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Laos recorded 1,433 current LCU per US$ of GDP for gross savings (current lcu), per unit of gdp in 2016.
That represents a change of up 64.1% on the previous year and down 37.5% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Laos peaked at 2,291 current LCU per US$ of GDP in 2006 and was at its lowest, -2.4 current LCU per US$ of GDP, in 1988.
That places Laos 8th out of 178 countries with data for 2016, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), per unit of GDP in Laos, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1984 | 1.75 current LCU per US$ of GDP | — |
| 1985 | 1.53 current LCU per US$ of GDP | -12.3% |
| 1986 | 4.33 current LCU per US$ of GDP | +182.3% |
| 1987 | 8.3 current LCU per US$ of GDP | +91.7% |
| 1988 | -2.4 current LCU per US$ of GDP | -128.9% |
| 2000 | 671.95 current LCU per US$ of GDP | -28071.0% |
| 2001 | 124 current LCU per US$ of GDP | -81.5% |
| 2002 | 1,847 current LCU per US$ of GDP | +1389.7% |
| 2003 | 1,111 current LCU per US$ of GDP | -39.9% |
| 2004 | 1,558 current LCU per US$ of GDP | +40.3% |
| 2005 | 2,157 current LCU per US$ of GDP | +38.4% |
| 2006 | 2,291 current LCU per US$ of GDP | +6.2% |
| 2007 | 1,838 current LCU per US$ of GDP | -19.8% |
| 2008 | 1,226 current LCU per US$ of GDP | -33.3% |
| 2009 | 1,415 current LCU per US$ of GDP | +15.4% |
| 2010 | 798.57 current LCU per US$ of GDP | -43.6% |
| 2011 | 1,478 current LCU per US$ of GDP | +85.0% |
| 2012 | 549.89 current LCU per US$ of GDP | -62.8% |
| 2013 | 447.84 current LCU per US$ of GDP | -18.6% |
| 2014 | 818.06 current LCU per US$ of GDP | +82.7% |
| 2015 | 873.5 current LCU per US$ of GDP | +6.8% |
| 2016 | 1,433 current LCU per US$ of GDP | +64.1% |
Laos compared with similar countries
- Laos's 1,433 current LCU per US$ of GDP is above the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 137.4× the median. (45 countries reporting)
- Laos's 1,433 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP, 628.9× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit 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 |
|---|---|---|---|
| 2000 | +28071.0% | -2.4 current LCU per US$ of GDP | 671.95 current LCU per US$ of GDP |
| 2002 | +1389.7% | 124 current LCU per US$ of GDP | 1,847 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.7 current LCU per US$ of GDP | -2.4 current LCU per US$ of GDP | 8.3 current LCU per US$ of GDP | 5 |
| 2000s | 1,424 current LCU per US$ of GDP | 124 current LCU per US$ of GDP | 2,291 current LCU per US$ of GDP | 10 |
| 2010s | 914.08 current LCU per US$ of GDP | 447.84 current LCU per US$ of GDP | 1,478 current LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 5 Iran 2,174 current LCU per US$ of GDP compare
- 6 Paraguay 1,675 current LCU per US$ of GDP compare
- 7 Cambodia 1,572 current LCU per US$ of GDP compare
- 9 Tanzania 948.38 current LCU per US$ of GDP compare
- 10 Uganda 933.18 current LCU per US$ of GDP compare
- 11 Mongolia 869.36 current LCU per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Laos?
- Gross savings (current lcu), per unit of gdp in Laos was 1,433 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 2,291 current LCU per US$ of GDP in 2006.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was -2.4 current LCU per US$ of GDP in 1988.
- How does Laos rank for gross savings (current lcu), per unit of gdp?
- Laos ranks 8th out of 178 countries with data for 2016.
- Is gross savings (current lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 37.5%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.