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 Debt to GDP

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

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.

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 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 [+]