Personal remittances, paid (current US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Personal remittances, paid (current US$), annual growth rate was 9.16 % change on previous year in 2024. ◆ Volatile
Personal remittances, paid (current US$), annual growth rate in Lao People's Democratic Republic, 1993–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 9.16 % change on previous year for personal remittances, paid (current us$), annual growth rate in 2024.
The figure is up 172.9% on the previous year and up 143.3% over ten years.
Over the whole period, personal remittances, paid (current us$), annual growth rate in Lao People's Democratic Republic peaked at 544.16 % change on previous year in 2006 and was at its lowest, -21.16 % change on previous year, in 2014.
That places Lao People's Democratic Republic 78th out of 194 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1993 | 0 % change on previous year | — |
| 1994 | 150 % change on previous year | — |
| 1995 | -20 % change on previous year | -113.3% |
| 1996 | 0 % change on previous year | -100.0% |
| 1997 | 0 % change on previous year | — |
| 1998 | 0 % change on previous year | — |
| 1999 | 0 % change on previous year | — |
| 2000 | 10 % change on previous year | — |
| 2001 | 5.24 % change on previous year | -47.6% |
| 2002 | 5 % change on previous year | -4.6% |
| 2003 | 105 % change on previous year | +2000.0% |
| 2004 | -19.74 % change on previous year | -118.8% |
| 2005 | 5 % change on previous year | -125.3% |
| 2006 | 544.16 % change on previous year | +10783.2% |
| 2007 | 10.89 % change on previous year | -98.0% |
| 2008 | 56.01 % change on previous year | +414.5% |
| 2009 | 138.98 % change on previous year | +148.1% |
| 2010 | -13.66 % change on previous year | -109.8% |
| 2011 | 291.63 % change on previous year | -2235.4% |
| 2012 | -7.23 % change on previous year | -102.5% |
| 2013 | -2.1 % change on previous year | -71.0% |
| 2014 | -21.16 % change on previous year | +909.1% |
| 2015 | -19.99 % change on previous year | -5.5% |
| 2016 | -8.91 % change on previous year | -55.4% |
| 2017 | 161.07 % change on previous year | -1907.4% |
| 2018 | 20.11 % change on previous year | -87.5% |
| 2019 | -14.34 % change on previous year | -171.3% |
| 2020 | -9.19 % change on previous year | -35.9% |
| 2021 | 31.79 % change on previous year | -445.8% |
| 2022 | 16.68 % change on previous year | -47.5% |
| 2023 | -12.56 % change on previous year | -175.3% |
| 2024 | 9.16 % change on previous year | -172.9% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 9.16 % change on previous year is above the median for lower middle income countries, which is 4.5 % change on previous year, 2.0× the median. (47 countries reporting)
- Lao People's Democratic Republic's 9.16 % change on previous year is above the median for East Asia & Pacific, which is 5.82 % change on previous year, 1.6× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), annual growth rate in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +10783.2% | 5 % change on previous year | 544.16 % change on previous year |
| 2011 | +2235.4% | -13.66 % change on previous year | 291.63 % change on previous year |
| 2003 | +2000.0% | 5 % change on previous year | 105 % change on previous year |
| 2017 | +1907.4% | -8.91 % change on previous year | 161.07 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.57 % change on previous year | -20 % change on previous year | 150 % change on previous year | 7 |
| 2000s | 86.05 % change on previous year | -19.74 % change on previous year | 544.16 % change on previous year | 10 |
| 2010s | 38.54 % change on previous year | -21.16 % change on previous year | 291.63 % change on previous year | 10 |
| 2020s | 7.17 % change on previous year | -12.56 % change on previous year | 31.79 % change on previous year | 5 |
Countries ranked near Lao People's Democratic Republic
- 75 Denmark 9.7 % change on previous year compare
- 76 Nicaragua 9.55 % change on previous year compare
- 77 Seychelles 9.54 % change on previous year compare
- 79 Philippines 9.12 % change on previous year compare
- 80 Cameroon 8.59 % change on previous year compare
- 81 Bahamas 8.55 % change on previous year compare
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), annual growth rate in Lao People's Democratic Republic?
- Personal remittances, paid (current us$), annual growth rate in Lao People's Democratic Republic was 9.16 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 544.16 % change on previous year in 2006.
- What is the lowest personal remittances, paid (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -21.16 % change on previous year in 2014.
- How does Lao People's Democratic Republic rank for personal remittances, paid (current us$), annual growth rate?
- Lao People's Democratic Republic ranks 78th out of 194 countries with data for 2024.
- Is personal remittances, paid (current us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 143.3%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 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 Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.