Gross savings in Laos
Laos: Gross savings was 2.81 billion current US$ in 2016. ◆ Volatile
Gross savings in Laos, 1984–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2016, gross savings in Laos stood at 2.81 billion current US$. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 81.0% on the previous year and up 260.0% over ten years.
Over the whole period, gross savings in Laos peaked at 2.81 billion current US$ in 2016 and was at its lowest, -3.67 million current US$, in 1988.
Laos ranks 129th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 59.49 million current US$ | -3.67 million current US$ | 87.81 million current US$ | 5 |
| 2000s | 493.34 million current US$ | 24.70 million current US$ | 970.03 million current US$ | 10 |
| 2010s | 1.34 billion current US$ | 685.11 million current US$ | 2.81 billion current US$ | 7 |
Countries ranked near Laos
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Laos?
- Gross savings in Laos was 2.81 billion current US$ in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Laos?
- The highest recorded value was 2.81 billion current US$ in 2016.
- What is the lowest gross savings recorded in Laos?
- The lowest recorded value was -3.67 million current US$ in 1988.
- How does Laos rank for gross savings?
- Laos ranks 129th out of 177 countries with data for 2016.
- Is gross savings rising or falling in Laos?
- Over the last ten years it is up 260.0%. 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 Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.