Short-term debt in Lao People's Democratic Republic
Lao People's Democratic Republic: Short-term debt was 49.6% in 2024. ◆ Volatile
Short-term debt in Lao People's Democratic Republic, 1988–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Lao People's Democratic Republic stood at 49.6%.
Compared with earlier readings it is up 525.9% on the previous year and down 25.7% over ten years.
Over the whole period, short-term debt in Lao People's Democratic Republic peaked at 78.8% in 2016 and was at its lowest, 0.0%, in 1992.
That places Lao People's Democratic Republic 29th out of 111 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.
Short-term debt in Lao People's Democratic Republic, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1988 | 27.7% | — |
| 1989 | 0.0% | -99.9% |
| 1990 | 1.9% | +7858.1% |
| 1991 | 0.5% | -76.2% |
| 1992 | 0.0% | -100.0% |
| 1993 | 0.0% | — |
| 1994 | 0.0% | — |
| 1995 | 0.0% | — |
| 1996 | 0.1% | — |
| 1997 | 0.1% | +40.8% |
| 1998 | 0.1% | +102.0% |
| 1999 | 0.2% | +23.9% |
| 2000 | 1.6% | +792.5% |
| 2001 | 1.3% | -20.0% |
| 2002 | 4.0% | +211.7% |
| 2003 | 0.0% | -100.0% |
| 2004 | 1.0% | — |
| 2005 | 17.4% | +1620.9% |
| 2006 | 21.1% | +21.2% |
| 2007 | 23.0% | +8.8% |
| 2008 | 16.5% | -28.1% |
| 2009 | 19.9% | +20.6% |
| 2010 | 4.6% | -76.7% |
| 2011 | 4.8% | +3.1% |
| 2012 | 4.6% | -4.3% |
| 2013 | 74.0% | +1518.3% |
| 2014 | 66.8% | -9.8% |
| 2015 | 65.4% | -2.1% |
| 2016 | 78.8% | +20.6% |
| 2017 | 66.2% | -16.0% |
| 2018 | 41.2% | -37.8% |
| 2019 | 52.7% | +27.8% |
| 2020 | 52.0% | -1.3% |
| 2021 | 44.1% | -15.1% |
| 2022 | 47.6% | +7.8% |
| 2023 | 7.9% | -83.4% |
| 2024 | 49.6% | +525.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.9% | 0.0% | 27.7% | 2 |
| 1990s | 0.3% | 0.0% | 1.9% | 10 |
| 2000s | 10.6% | 0.0% | 23.0% | 10 |
| 2010s | 45.9% | 4.6% | 78.8% | 10 |
| 2020s | 40.2% | 7.9% | 52.0% | 5 |
Countries ranked near Lao People's Democratic Republic
- 26 Tanzania, United Republic of 56.1% compare
- 27 Nigeria 55.0% compare
- 28 Pakistan 52.2% compare
- 30 Cape Verde 49.6% compare
- 31 Viet Nam 44.6% compare
- 32 Kazakhstan 42.8% 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)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2917 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 678.12 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 12.91 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5,963 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 13.86 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Lao People's Democratic Republic?
- Short-term debt in Lao People's Democratic Republic was 49.6% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Lao People's Democratic Republic?
- The highest recorded value was 78.8% in 2016.
- What is the lowest short-term debt recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0% in 1992.
- How does Lao People's Democratic Republic rank for short-term debt?
- Lao People's Democratic Republic ranks 29th out of 111 countries with data for 2024.
- Is short-term debt rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 25.7%. 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 World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.