Tax revenue as a proportion of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Tax revenue as a proportion of GDP was 12.1% in 2022. ▼ Falling
Latest (2022)
12.1%
Change on year
up 16.6%
World rank
123rd
of 164 countries
All-time high
13.8%
in 2014
All-time low
9.4%
in 2020
Years of data
15
2008–2022
Tax revenue as a proportion of GDP in Lao People's Democratic Republic, 2008–2022
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2022, tax revenue as a proportion of gdp in Lao People's Democratic Republic stood at 12.1%.
The figure is up 16.6% on the previous year and down 11.0% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Lao People's Democratic Republic peaked at 13.8% in 2014 and was at its lowest, 9.4%, in 2020.
That places Lao People's Democratic Republic 123rd out of 164 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Tax revenue as a proportion of GDP in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 12.1% | — |
| 2009 | 12.8% | +5.4% |
| 2010 | 13.0% | +2.1% |
| 2011 | 13.1% | +0.9% |
| 2012 | 13.6% | +3.5% |
| 2013 | 13.7% | +1.0% |
| 2014 | 13.8% | +0.7% |
| 2015 | 13.5% | -2.3% |
| 2016 | 12.9% | -4.2% |
| 2017 | 12.2% | -5.4% |
| 2018 | 11.7% | -4.2% |
| 2019 | 11.5% | -2.2% |
| 2020 | 9.4% | -18.0% |
| 2021 | 10.4% | +10.5% |
| 2022 | 12.1% | +16.6% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 12.1% is below the median for lower middle income countries, which is 13.9%, 87% of the median. (34 countries reporting)
- Lao People's Democratic Republic's 12.1% is below the median for East Asia & Pacific, which is 17.0%, 71% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.4% | 12.1% | 12.8% | 2 |
| 2010s | 12.9% | 11.5% | 13.8% | 10 |
| 2020s | 10.6% | 9.4% | 12.1% | 3 |
Countries ranked near Lao People's Democratic Republic
- 120 Ghana 12.3% compare
- 121 Bhutan 12.3% compare
- 122 Cambodia 12.2% compare
- 123 Lao People's Democratic Republic 12.1% compare
- 125 Russian Federation 12.1% compare
- 125 Russian Federation 12.1% 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 tax revenue as a proportion of gdp in Lao People's Democratic Republic?
- Tax revenue as a proportion of gdp in Lao People's Democratic Republic was 12.1% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 13.8% in 2014.
- What is the lowest tax revenue as a proportion of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 9.4% in 2020.
- How does Lao People's Democratic Republic rank for tax revenue as a proportion of gdp?
- Lao People's Democratic Republic ranks 123rd out of 164 countries with data for 2022.
- Is tax revenue as a proportion of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 11.0%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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