Budget balance — all countries

Budget balance — Laos

Budget balance in Laos in 2031 — 1.7%. Ranked 15 in the world out of 188. Since 2000, the indicator has risen by 5.3 pp.

2031 1.7% −0.1 pp vs 2030
World rank 15of 188
Period maximum 2.4%2024
Period minimum -5.6%2015

Trend over time

2000–2031 · % of GDP

Budget balance — Laos, 2000–2031-6-4-20242000200420082012201620202024202820312000: -3.6%2001: -3.7%2002: -2.8%2003: -3.9%2004: -1.8%2005: -2.5%2006: -1.5%2007: -1.1%2008: -1.9%2009: -3.1%2010: -1.5%2011: -1.4%2012: -2.3%2013: -4%2014: -3.1%2015: -5.6%2016: -5.1%2017: -5.5%2018: -4.5%2019: -3.2%2020: -5.4%2021: -0.7%2022: 0.1%2023: 0%2024: 2.4%2025: 1.6%2026: 0.4%2027: 1.8%2028: 1.7%2029: 1.7%2030: 1.8%2031: 1.7%
Change over the period: +5.3 pp Annual average: 0.17 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Laos

Laos 1.7%
World computed -4.85%
East Asia & Pacific computed -5.66%
South-Eastern Asia computed -1.82%
Budget balance — Laos, by year Laos All countries CSV XLSX
Year % Change, pp
2031 1.7 −0.1 pp
2030 1.8 +0.1 pp
2029 1.7 +0 pp
2028 1.7 −0.1 pp
2027 1.8 +1.4 pp
2026 0.4 −1.2 pp
2025 1.6 −0.8 pp
2024 2.4 +2.4 pp
2023 0 −0.1 pp
2022 0.1 +0.8 pp
2021 -0.7 +4.7 pp
2020 -5.4 −2.2 pp
2019 -3.2 +1.3 pp
2018 -4.5 +1 pp
2017 -5.5 −0.4 pp
2016 -5.1 +0.5 pp
2015 -5.6 −2.5 pp
2014 -3.1 +0.9 pp
2013 -4 −1.7 pp
2012 -2.3 −0.9 pp
2011 -1.4 +0.1 pp
2010 -1.5 +1.6 pp
2009 -3.1 −1.2 pp
2008 -1.9 −0.8 pp
2007 -1.1 +0.4 pp
2006 -1.5 +1 pp
2005 -2.5 −0.7 pp
2004 -1.8 +2.1 pp
2003 -3.9 −1.1 pp
2002 -2.8 +0.9 pp
2001 -3.7 −0.1 pp
2000 -3.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.