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. This page provides - Laos Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Government Budget - values, historical data and charts - was last updated on October of 2020.
Government Budget in Laos is expected to reach -6.20 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Budget is projected to trend around -7.50 percent of GDP in 2021 and -8.00 percent of GDP in 2022, according to our econometric models.