Laos Government Debt to GDP

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.

Government Debt to GDP in Laos is expected to be 56.70 percent by the end of this quarter, 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 57.50 percent in 2020, according to our econometric models.

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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	[+]
Military Expenditure	23.30	22.70	250.80	19.70	USD Million	[+]
Credit Rating	15.00					[+]
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	[+]

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. This page provides - Laos Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Laos Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

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

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Country	Last		Previous	Range
Japan	253.00	Dec/17	250	253 : 50.6	%
Italy	132.20	Dec/18	131	132 : 90.5	%
Singapore	112.20	Dec/18	111	112 : 67.4	%
United States	106.10	Dec/18	105	119 : 31.8	%
France	98.40	Dec/18	98.4	98.4 : 20.7	%
Spain	97.10	Dec/18	98.1	100 : 16.6	%
Canada	90.60	Dec/18	89.7	101 : 45.1	%
Argentina	86.20	Dec/18	56.6	167 : 34.5	%
Euro Area	85.10	Dec/18	87.1	92 : 65	%
United Kingdom	84.70	Dec/18	85.1	85.1 : 21.8	%
Brazil	77.22	Dec/18	74.07	77.22 : 51.27	%
India	68.70	Dec/17	69.6	84.2 : 66	%
Germany	60.90	Dec/18	64.5	81.8 : 54.8	%
South Africa	55.80	Dec/18	53.1	55.8 : 27.8	%
Netherlands	52.40	Dec/18	57	73.1 : 43	%
China	50.50	Dec/18	46.8	50.5 : 20.4	%
Mexico	46.00	Dec/18	46	48.2 : 17.9	%
Australia	40.70	Dec/18	40.7	40.7 : 9.7	%
South Korea	36.60	Dec/18	36.3	39.9 : 8.24	%
Turkey	30.40	Dec/18	28.3	76.1 : 27.6	%
Indonesia	29.80	Dec/18	28.7	87.43 : 22.96	%
Switzerland	27.70	Dec/18	29.3	48.9 : 25.1	%
Saudi Arabia	19.10	Dec/18	17.2	104 : 1.6	%
Russia	13.50	Dec/17	12.9	92.1 : 6.5	%