Government Budget in Laos increased to -3.20 percent of GDP in 2019 from -4.60 percent of GDP in 2018. source: Bank of the Lao PDR

Government Budget in Laos averaged -5.89 percent of GDP from 2000 until 2019, 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 May of 2021.

Government Budget in Laos is expected to reach -7.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Laos Government Budget is projected to trend around -8.00 percent of GDP in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Laos Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -4.60 -2.80 -8.90 2000 - 2019 percent of GDP Yearly

Laos Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.64 51.41 81.70 33.61 percent [+]
Government Budget -3.20 -4.60 -2.80 -8.90 percent of GDP [+]
Fiscal Expenditure 30623.68 31001.90 31001.90 364.40 LAK Billion [+]
Government Budget Value -5295.00 -7059.10 -89.40 -7811.00 LAK Billion [+]
Government Revenues 25328.67 23943.80 25328.67 275.00 LAK Billion [+]
Credit Rating 20.00 [+]


Laos Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.