Short-term debt in Laos
Laos: Short-term debt was 9.8% in 2024. ◆ Volatile
Short-term debt in Laos, 1988–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Laos stood at 9.8%.
That represents a change of up 584.1% on the previous year and down 50.6% over ten years.
Over the whole period, short-term debt in Laos peaked at 25.4% in 2013 and was at its lowest, 0.0%, in 1992.
Laos ranks 70th of 119 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.
Short-term debt in Laos, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1988 | 0.2% | — |
| 1989 | 0.0% | -99.0% |
| 1990 | 0.2% | +6549.6% |
| 1991 | 0.1% | -25.1% |
| 1992 | 0.0% | -100.0% |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.0% | — |
| 1997 | 0.0% | -23.0% |
| 1998 | 0.0% | +78.7% |
| 1999 | 0.1% | +76.6% |
| 2000 | 0.4% | +633.4% |
| 2001 | 0.4% | -9.2% |
| 2002 | 1.9% | +359.3% |
| 2003 | 0.0% | -100.0% |
| 2004 | 0.5% | — |
| 2005 | 7.5% | +1261.0% |
| 2006 | 9.1% | +21.6% |
| 2007 | 13.5% | +48.5% |
| 2008 | 9.8% | -27.7% |
| 2009 | 13.7% | +40.0% |
| 2010 | 2.4% | -82.3% |
| 2011 | 2.3% | -4.2% |
| 2012 | 2.0% | -14.3% |
| 2013 | 25.4% | +1174.9% |
| 2014 | 19.8% | -22.1% |
| 2015 | 15.1% | -23.6% |
| 2016 | 13.9% | -8.3% |
| 2017 | 12.9% | -7.0% |
| 2018 | 6.2% | -51.5% |
| 2019 | 8.3% | +32.3% |
| 2020 | 15.0% | +82.1% |
| 2021 | 10.9% | -27.7% |
| 2022 | 8.6% | -20.7% |
| 2023 | 1.4% | -83.4% |
| 2024 | 9.8% | +584.1% |
Laos compared with similar countries
- Laos's 9.8% is below the median for lower middle income countries, which is 13.3%, 73% of the median. (43 countries reporting)
- Laos's 9.8% is below the median for East Asia & Pacific, which is 11.5%, 85% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1990 | +6549.6% | 0.0% | 0.2% |
| 2005 | +1261.0% | 0.5% | 7.5% |
| 2013 | +1174.9% | 2.0% | 25.4% |
| 2000 | +633.4% | 0.1% | 0.4% |
| 2024 | +584.1% | 1.4% | 9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1% | 0.0% | 0.2% | 2 |
| 1990s | 0.0% | 0.0% | 0.2% | 10 |
| 2000s | 5.7% | 0.0% | 13.7% | 10 |
| 2010s | 10.8% | 2.0% | 25.4% | 10 |
| 2020s | 9.1% | 1.4% | 15.0% | 5 |
Countries ranked near Laos
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 short-term debt in Laos?
- Short-term debt in Laos was 9.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Laos?
- The highest recorded value was 25.4% in 2013.
- What is the lowest short-term debt recorded in Laos?
- The lowest recorded value was 0.0% in 1992.
- How does Laos rank for short-term debt?
- Laos ranks 70th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Laos?
- Over the last ten years it is down 50.6%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
Download this data
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.