Total reserves in months of imports in Lao People's Democratic Republic
Lao People's Democratic Republic: Total reserves in months of imports was 2.17 ratio in 2023. ▼ Falling
Total reserves in months of imports in Lao People's Democratic Republic, 2000–2023
Source: International Monetary Fund – processed by Our World in Data. Measured in ratio.
Analysis
In 2023, total reserves in months of imports in Lao People's Democratic Republic stood at 2.17 ratio.
The figure is up 8.5% on the previous year and down 27.2% over ten years.
Over the whole period, total reserves in months of imports in Lao People's Democratic Republic peaked at 7.29 ratio in 2007 and was at its lowest, 1.4 ratio, in 2018.
That places Lao People's Democratic Republic 128th out of 172 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently falling across the 24 years of available data.
Total reserves in months of imports in Lao People's Democratic Republic, year by year
| Year | ratio | Change |
|---|---|---|
| 2000 | 2.71 ratio | — |
| 2001 | 3.18 ratio | +17.3% |
| 2002 | 5.21 ratio | +63.8% |
| 2003 | 6.34 ratio | +21.7% |
| 2004 | 4.43 ratio | -30.1% |
| 2005 | 3.91 ratio | -11.7% |
| 2006 | 4.94 ratio | +26.3% |
| 2007 | 7.29 ratio | +47.6% |
| 2008 | 6.81 ratio | -6.6% |
| 2009 | 7.29 ratio | +7.0% |
| 2010 | 5.9 ratio | -19.1% |
| 2011 | 4.97 ratio | -15.8% |
| 2012 | 3.88 ratio | -21.9% |
| 2013 | 2.98 ratio | -23.2% |
| 2014 | 2.31 ratio | -22.5% |
| 2015 | 1.8 ratio | -22.1% |
| 2016 | 1.6 ratio | -11.1% |
| 2017 | 1.84 ratio | +15.0% |
| 2018 | 1.4 ratio | -23.9% |
| 2019 | 1.53 ratio | +9.3% |
| 2020 | 3.2 ratio | +109.2% |
| 2021 | 3.04 ratio | -5.0% |
| 2022 | 2 ratio | -34.2% |
| 2023 | 2.17 ratio | +8.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.21 ratio | 2.71 ratio | 7.29 ratio | 10 |
| 2010s | 2.82 ratio | 1.4 ratio | 5.9 ratio | 10 |
| 2020s | 2.6 ratio | 2 ratio | 3.2 ratio | 4 |
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)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
- Gross capital formation (constant 2015 US$), per capita 705.07 constant 2015 US$ per person (2016)
- Imports of goods and services (current US$), annual growth rate -10.9 % change on previous year (2016)
- Imports of goods and services (current US$), per unit of GDP 0.4188 current US$ per US$ of GDP (2016)
- Imports of goods and services (current US$), per capita 964.65 current US$ per person (2016)
- Imports of goods and services (current LCU), annual growth rate -10.93 % change on previous year (2016)
- Imports of goods and services (current LCU), per unit of GDP 3,403 current LCU per US$ of GDP (2016)
Frequently asked questions
- What is total reserves in months of imports in Lao People's Democratic Republic?
- Total reserves in months of imports in Lao People's Democratic Republic was 2.17 ratio in 2023, according to International Monetary Fund – processed by Our World in Data.
- What is the highest total reserves in months of imports recorded in Lao People's Democratic Republic?
- The highest recorded value was 7.29 ratio in 2007.
- What is the lowest total reserves in months of imports recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.4 ratio in 2018.
- How does Lao People's Democratic Republic rank for total reserves in months of imports?
- Lao People's Democratic Republic ranks 128th out of 172 countries with data for 2023.
- Is total reserves in months of imports rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 27.2%. 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 International Monetary Fund – processed by Our World in Data, published as part of Total reserves in months of imports. Statizoid updates them automatically from the source API.
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About this data
Total reserves in months of imports (ratio).