Total debt service in Lao People's Democratic Republic
Lao People's Democratic Republic: Total debt service was 13.8% in 2024. ◆ Volatile
Total debt service in Lao People's Democratic Republic, 1984–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Lao People's Democratic Republic recorded 13.8% for total debt service in 2024. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 61.6% on the previous year and up 347.3% over ten years.
Over the whole period, total debt service in Lao People's Democratic Republic peaked at 13.8% in 2024 and was at its lowest, 0.3%, in 1985.
That places Lao People's Democratic Republic 10th out of 122 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Total debt service in Lao People's Democratic Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1984 | 0.4% | — |
| 1985 | 0.3% | -25.0% |
| 1986 | 0.5% | +63.2% |
| 1987 | 1.0% | +102.3% |
| 1988 | 1.7% | +78.8% |
| 1989 | 2.5% | +42.6% |
| 1990 | 1.0% | -57.6% |
| 1991 | 0.8% | -20.4% |
| 1992 | 0.8% | +2.2% |
| 1993 | 2.1% | +153.0% |
| 1994 | 1.3% | -40.1% |
| 1995 | 1.5% | +13.1% |
| 1996 | 1.5% | +5.4% |
| 1997 | 1.6% | +5.0% |
| 1998 | 2.5% | +54.2% |
| 1999 | 2.6% | +5.5% |
| 2000 | 2.5% | -5.9% |
| 2001 | 2.6% | +5.7% |
| 2002 | 5.6% | +115.5% |
| 2003 | 5.4% | -3.8% |
| 2004 | 5.5% | +2.4% |
| 2005 | 5.1% | -8.0% |
| 2006 | 5.7% | +12.8% |
| 2007 | 4.9% | -14.3% |
| 2008 | 4.2% | -14.4% |
| 2009 | 4.1% | -3.7% |
| 2010 | 4.5% | +11.5% |
| 2011 | 3.9% | -14.6% |
| 2012 | 2.8% | -27.8% |
| 2013 | 3.0% | +9.0% |
| 2014 | 3.1% | +1.9% |
| 2015 | 3.1% | -1.4% |
| 2016 | 3.7% | +21.4% |
| 2017 | 4.0% | +7.2% |
| 2018 | 4.4% | +11.1% |
| 2019 | 6.0% | +37.1% |
| 2020 | 5.2% | -14.8% |
| 2021 | 13.0% | +152.3% |
| 2022 | 9.4% | -27.6% |
| 2023 | 8.6% | -9.1% |
| 2024 | 13.8% | +61.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.0% | 0.3% | 2.5% | 6 |
| 1990s | 1.6% | 0.8% | 2.6% | 10 |
| 2000s | 4.6% | 2.5% | 5.7% | 10 |
| 2010s | 3.8% | 2.8% | 6.0% | 10 |
| 2020s | 10.0% | 5.2% | 13.8% | 5 |
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)
- Manufacturing, value added (current US$), per unit of GDP 0.0911 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 211.88 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 1,863 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 4.33 million current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1077 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 250.32 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is total debt service in Lao People's Democratic Republic?
- Total debt service in Lao People's Democratic Republic was 13.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Lao People's Democratic Republic?
- The highest recorded value was 13.8% in 2024.
- What is the lowest total debt service recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.3% in 1985.
- How does Lao People's Democratic Republic rank for total debt service?
- Lao People's Democratic Republic ranks 10th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 347.3%. 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 International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.