Share of central government spending funded by taxes in Lao People's Democratic Republic
Lao People's Democratic Republic: Share of central government spending funded by taxes was 82.9% in 2022. ▬ Flat
Share of central government spending funded by taxes in Lao People's Democratic Republic, 2008–2022
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2022, share of central government spending funded by taxes in Lao People's Democratic Republic stood at 82.9%. That is the highest value across all 15 years on record.
That represents a change of up 23.2% on the previous year and up 30.9% over ten years.
Over the whole period, share of central government spending funded by taxes in Lao People's Democratic Republic peaked at 82.9% in 2022 and was at its lowest, 52.5%, in 2020.
That places Lao People's Democratic Republic 13th out of 174 countries with data for 2022, putting it in the top 10%.
Share of central government spending funded by taxes in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 65.9% | — |
| 2009 | 70.4% | +6.9% |
| 2010 | 60.7% | -13.8% |
| 2011 | 63.8% | +5.1% |
| 2012 | 63.3% | -0.7% |
| 2013 | 53.4% | -15.7% |
| 2014 | 57.1% | +7.1% |
| 2015 | 56.1% | -1.9% |
| 2016 | 61.5% | +9.6% |
| 2017 | 56.7% | -7.7% |
| 2018 | 57.1% | +0.8% |
| 2019 | 62.0% | +8.6% |
| 2020 | 52.5% | -15.3% |
| 2021 | 67.3% | +28.1% |
| 2022 | 82.9% | +23.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 68.2% | 65.9% | 70.4% | 2 |
| 2010s | 59.2% | 53.4% | 63.8% | 10 |
| 2020s | 67.6% | 52.5% | 82.9% | 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 share of central government spending funded by taxes in Lao People's Democratic Republic?
- Share of central government spending funded by taxes in Lao People's Democratic Republic was 82.9% in 2022, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest share of central government spending funded by taxes recorded in Lao People's Democratic Republic?
- The highest recorded value was 82.9% in 2022.
- What is the lowest share of central government spending funded by taxes recorded in Lao People's Democratic Republic?
- The lowest recorded value was 52.5% in 2020.
- How does Lao People's Democratic Republic rank for share of central government spending funded by taxes?
- Lao People's Democratic Republic ranks 13th out of 174 countries with data for 2022.
- Is share of central government spending funded by taxes rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is flat.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Share of central government spending funded by taxes. Statizoid updates them automatically from the source API.
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About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.