Laos recorded a Government Budget deficit equal to 4.60 percent of the country's Gross Domestic Product in 2018. Government Budget in Laos averaged -6.03 percent of GDP from 2000 until 2018, reaching an all time high of -2.80 percent of GDP in 2014 and a record low of -8.90 percent of GDP in 2010.
Government Budget in Laos is expected to be -4.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Budget is projected to trend around -4.80 percent of GDP in 2020, according to our econometric models.