Laos recorded a government debt equivalent to 53.34 percent of the country's Gross Domestic Product in 2018.

Government Debt to GDP in Laos averaged 50.71 percent from 1991 until 2018, reaching an all time high of 81.70 percent in 2004 and a record low of 33.61 percent in 1991. This page provides - Laos Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Government Debt to GDP - values, historical data and charts - was last updated on October of 2020.

Government Debt to GDP in Laos is expected to reach 57.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Debt to GDP is projected to trend around 57.70 percent in 2021 and 58.20 percent in 2022, according to our econometric models.

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Laos Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
53.34 50.03 81.70 33.61 1991 - 2018 percent Yearly

Laos Government Last Previous Highest Lowest Unit
Government Debt to GDP 53.34 50.03 81.70 33.61 percent [+]
Government Budget -4.60 -5.60 -2.80 -8.90 percent of GDP [+]
Credit Rating 20.00 [+]
Government Budget Value -9207.20 -7811.00 -89.40 -9207.20 LAK Billion [+]
Government Revenues 23943.80 22615.50 23943.80 275.00 LAK Billion [+]
Fiscal Expenditure 31002.90 30426.50 31002.90 364.40 LAK Billion [+]

Laos Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.