Revenue, excluding grants in Lao People's Democratic Republic
Lao People's Democratic Republic: Revenue, excluding grants was 13.9% in 2022. ▲ Rising
Revenue, excluding grants in Lao People's Democratic Republic, 2006–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2022, revenue, excluding grants in Lao People's Democratic Republic stood at 13.9%.
That represents a change of up 8.5% on the previous year and down 8.6% over ten years.
Over the whole period, revenue, excluding grants in Lao People's Democratic Republic peaked at 16.1% in 2014 and was at its lowest, 0.0%, in 2007.
Lao People's Democratic Republic ranks 137th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Revenue, excluding grants in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 0.0% | — |
| 2007 | 0.0% | -13.5% |
| 2008 | 13.5% | +54856317876827.3% |
| 2009 | 14.2% | +4.6% |
| 2010 | 14.5% | +2.5% |
| 2011 | 14.5% | -0.1% |
| 2012 | 15.2% | +5.1% |
| 2013 | 15.6% | +2.7% |
| 2014 | 16.1% | +2.9% |
| 2015 | 15.8% | -1.8% |
| 2016 | 14.7% | -7.0% |
| 2017 | 14.6% | -0.5% |
| 2018 | 14.3% | -2.0% |
| 2019 | 14.0% | -2.5% |
| 2020 | 11.2% | -19.6% |
| 2021 | 12.8% | +14.3% |
| 2022 | 13.9% | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.9% | 0.0% | 14.2% | 4 |
| 2010s | 14.9% | 14.0% | 16.1% | 10 |
| 2020s | 12.7% | 11.2% | 13.9% | 3 |
Countries ranked near Lao People's Democratic Republic
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)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2016)
- Gross national expenditure (current US$), annual growth rate 1.67 % change on previous year (2016)
- Gross national expenditure (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2016)
- Gross national expenditure (current US$), per capita 2,503 current US$ per person (2016)
- Gross national expenditure (current LCU), annual growth rate 1.63 % change on previous year (2016)
- Gross national expenditure (current LCU), per unit of GDP 8,829 current LCU per US$ of GDP (2016)
- Gross national expenditure (current LCU), per capita 20.34 million current LCU per person (2016)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.56 % change on previous year (2016)
Frequently asked questions
- What is revenue, excluding grants in Lao People's Democratic Republic?
- Revenue, excluding grants in Lao People's Democratic Republic was 13.9% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Lao People's Democratic Republic?
- The highest recorded value was 16.1% in 2014.
- What is the lowest revenue, excluding grants recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 2007.
- How does Lao People's Democratic Republic rank for revenue, excluding grants?
- Lao People's Democratic Republic ranks 137th out of 157 countries with data for 2022.
- Is revenue, excluding grants rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 8.6%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.