Gross savings (current US$), per unit of GDP in Laos
Laos: Gross savings (current US$), per unit of GDP was 0.1764 current US$ per US$ of GDP in 2016. ◆ Volatile
Gross savings (current US$), per unit of GDP in Laos, 1984–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2016, gross savings (current us$), per unit of gdp in Laos stood at 0.1764 current US$ per US$ of GDP.
The figure is up 64.1% on the previous year and down 21.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Laos peaked at 0.2257 current US$ per US$ of GDP in 2006 and was at its lowest, -0.0061 current US$ per US$ of GDP, in 1988.
Laos ranks 116th of 178 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 savings (current US$), per unit of GDP in Laos, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.05 current US$ per US$ of GDP | — |
| 1985 | 0.0341 current US$ per US$ of GDP | -31.8% |
| 1986 | 0.0456 current US$ per US$ of GDP | +33.7% |
| 1987 | 0.0474 current US$ per US$ of GDP | +4.0% |
| 1988 | -0.0061 current US$ per US$ of GDP | -112.9% |
| 2000 | 0.0853 current US$ per US$ of GDP | -1491.8% |
| 2001 | 0.014 current US$ per US$ of GDP | -83.6% |
| 2002 | 0.1837 current US$ per US$ of GDP | +1215.1% |
| 2003 | 0.1056 current US$ per US$ of GDP | -42.5% |
| 2004 | 0.1472 current US$ per US$ of GDP | +39.4% |
| 2005 | 0.2024 current US$ per US$ of GDP | +37.5% |
| 2006 | 0.2257 current US$ per US$ of GDP | +11.5% |
| 2007 | 0.1914 current US$ per US$ of GDP | -15.2% |
| 2008 | 0.1403 current US$ per US$ of GDP | -26.7% |
| 2009 | 0.1662 current US$ per US$ of GDP | +18.5% |
| 2010 | 0.0967 current US$ per US$ of GDP | -41.8% |
| 2011 | 0.184 current US$ per US$ of GDP | +90.2% |
| 2012 | 0.0687 current US$ per US$ of GDP | -62.7% |
| 2013 | 0.0572 current US$ per US$ of GDP | -16.8% |
| 2014 | 0.1017 current US$ per US$ of GDP | +77.9% |
| 2015 | 0.1075 current US$ per US$ of GDP | +5.7% |
| 2016 | 0.1764 current US$ per US$ of GDP | +64.1% |
Laos compared with similar countries
- Laos's 0.1764 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 1.1× the median. (45 countries reporting)
- Laos's 0.1764 current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.2564 current US$ per US$ of GDP, 69% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current US$), per unit of GDP in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +1491.8% | -0.0061 current US$ per US$ of GDP | 0.0853 current US$ per US$ of GDP |
| 2002 | +1215.1% | 0.014 current US$ per US$ of GDP | 0.1837 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0342 current US$ per US$ of GDP | -0.0061 current US$ per US$ of GDP | 0.05 current US$ per US$ of GDP | 5 |
| 2000s | 0.1462 current US$ per US$ of GDP | 0.014 current US$ per US$ of GDP | 0.2257 current US$ per US$ of GDP | 10 |
| 2010s | 0.1132 current US$ per US$ of GDP | 0.0572 current US$ per US$ of GDP | 0.184 current US$ per US$ of GDP | 7 |
Countries ranked near Laos
- 113 Mexico 0.1826 current US$ per US$ of GDP compare
- 114 Romania 0.1805 current US$ per US$ of GDP compare
- 115 Eswatini 0.1766 current US$ per US$ of GDP
- 117 Madagascar 0.1753 current US$ per US$ of GDP compare
- 118 Guyana 0.1748 current US$ per US$ of GDP compare
- 119 Niger 0.1747 current US$ 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Laos?
- Gross savings (current us$), per unit of gdp in Laos was 0.1764 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Laos?
- The highest recorded value was 0.2257 current US$ per US$ of GDP in 2006.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Laos?
- The lowest recorded value was -0.0061 current US$ per US$ of GDP in 1988.
- How does Laos rank for gross savings (current us$), per unit of gdp?
- Laos ranks 116th out of 178 countries with data for 2016.
- Is gross savings (current us$), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 21.8%. 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 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.