Laos Consolidated Fiscal Balance: % of GDP

2012 - 2023 | Yearly | % | CEIC Data

Key information about Laos Consolidated Fiscal Balance: % of GDP

  • Laos Consolidated Fiscal Balance registered a surplus equal to 0.6 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 0.2 % in the previous year
  • Laos Consolidated Fiscal Balance to GDP data is updated yearly, available from Dec 2012 to Dec 2023, with an average ratio of -3.9 %
  • The data reached an all-time high of 0.6 % in Dec 2023 and a record low of -5.9 % in Dec 2015
CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. Bank of the Lao PDR provides Consolidated Fiscal Balance in local currency and Lao Statistics Bureau provides Nominal GDP in local currency

View Laos's Consolidated Fiscal Balance: % of GDP from 2012 to 2023 in the chart:

Laos Consolidated Fiscal Balance: % of GDP

What was Laos's Consolidated Fiscal Balance: % of GDP in 2023?

Laos Consolidated Fiscal Balance registered a surplus equal to 0.6 % of its Nominal GDP in Dec 2023, compared with a deficit equal to 0.2 % in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
0.6 2023 -0.2 2022 -5.9 2015 0.6 2023 % yearly 2012 - 2023

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -3.7 2022 yearly 1997 - 2022
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -0.7 Jun 2024 quarterly Dec 2004 - Jun 2024
Armenia (%) -3.0 Jun 2024 quarterly Dec 2002 - Jun 2024
Australia (%) -1.8 Jun 2024 quarterly Jun 2003 - Jun 2024
Austria (%) -2.9 Mar 2024 quarterly Dec 2001 - Mar 2024
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -5.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 2.9 Mar 2024 quarterly Dec 2008 - Mar 2024
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.2 Jun 2024 quarterly Dec 1997 - Jun 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -3.4 Jun 2024 quarterly Sep 2003 - Jun 2024
Cambodia (%) -0.1 2022 yearly 2007 - 2022
Canada (%) -1.9 Jun 2024 quarterly Jun 1993 - Jun 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -5.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Colombia (%) 0.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 3.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Czech Republic (%) -2.9 Mar 2024 quarterly Dec 1999 - Mar 2024
Denmark (%) 3.2 Mar 2024 quarterly Dec 1999 - Mar 2024
Ecuador (%) -2.8 Mar 2024 quarterly Dec 2000 - Mar 2024
Estonia (%) -3.3 Jun 2024 quarterly Dec 1999 - Jun 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -3.4 Mar 2024 quarterly Dec 1999 - Mar 2024
France (%) -5.6 Jun 2024 quarterly Dec 1949 - Jun 2024
Georgia (%) -2.1 Jun 2024 quarterly Dec 2006 - Jun 2024
Germany (%) -2.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Ghana (%) -4.6 Jun 2023 quarterly Dec 2008 - Jun 2023
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -5.9 Jun 2024 quarterly Sep 1999 - Jun 2024
Hungary (%) -5.7 Mar 2024 quarterly Dec 1999 - Mar 2024
Iceland (%) -7.4 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) -4.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Indonesia (%) -2.6 Jun 2024 quarterly Dec 2014 - Jun 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.5 Mar 2024 quarterly Dec 2000 - Mar 2024
Israel (%) -7.7 Jun 2024 quarterly Dec 1999 - Jun 2024
Italy (%) -6.5 Mar 2024 quarterly Dec 1999 - Mar 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.7 Mar 2024 quarterly Dec 2008 - Mar 2024
Kenya (%) -2.1 Mar 2023 quarterly Dec 2009 - Mar 2023
South Korea (%) -2.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -3.1 2023 yearly 1988 - 2023
Kyrgyzstan (%) 5.5 Jul 2024 monthly Jan 2007 - Jul 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.9 Mar 2024 quarterly Dec 1999 - Mar 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.6 Mar 2024 quarterly Dec 1999 - Mar 2024
Luxembourg (%) -1.3 2023 yearly 1995 - 2023
Macau SAR, China (%) -5.1 Sep 2023 quarterly Dec 2003 - Sep 2023
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -6.7 2022 yearly 1970 - 2022
Malta (%) -3.6 Mar 2024 quarterly Dec 2000 - Mar 2024
Mauritius (%) -6.2 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (%) -4.1 Jun 2024 quarterly Dec 1980 - Jun 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 0.7 Jun 2024 quarterly Dec 2000 - Jun 2024
Montenegro (%) -1.6 Jun 2024 quarterly Dec 2012 - Jun 2024
Morocco (%) -5.0 2023 yearly 1980 - 2023
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -1.1 Mar 2024 quarterly Dec 1999 - Mar 2024
Nigeria (%) -4.4 Mar 2024 quarterly Dec 2010 - Mar 2024
Norway (%) 14.4 Mar 2024 quarterly Dec 2002 - Mar 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2024 yearly 2000 - 2024
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -1.5 Mar 2024 quarterly Dec 2003 - Mar 2024
Peru (%) -3.8 Jun 2024 quarterly Dec 1990 - Jun 2024
Philippines (%) -6.2 Jun 2024 quarterly Dec 1985 - Jun 2024
Poland (%) -5.1 2023 yearly 1995 - 2023
Portugal (%) 0.9 Mar 2024 quarterly Sep 1999 - Mar 2024
Qatar (%) 0.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -7.0 Jun 2024 quarterly Dec 2004 - Jun 2024
Russia (%) -0.9 Mar 2024 quarterly Dec 1993 - Mar 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -2.3 Jun 2024 quarterly Dec 2005 - Jun 2024
Singapore (%) 1.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -3.3 Jun 2024 quarterly Dec 2000 - Jun 2024
South Africa (%) -4.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Spain (%) -3.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Sri Lanka (%) -6.9 Mar 2024 quarterly Dec 2014 - Mar 2024
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.7 2023 yearly 1995 - 2023
Switzerland (%) 0.5 2023 yearly 1990 - 2023

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Laos Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.6 2023 yearly 2012 - 2023
Consolidated Fiscal Balance (USD mn) 96.753 2023 yearly 2010 - 2023
Tax Revenue (USD mn) 1,949.450 2023 yearly 2010 - 2023
Tax Revenue: % of GDP (%) 13.0 2023 yearly 2012 - 2023
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.726 2028 yearly 1980 - 2028
Trade Balance (USD mn) -170.9 Dec 2023 quarterly Dec 1992 - Dec 2023
Total Exports (USD mn) 1,917.4 Dec 2023 quarterly Mar 2004 - Dec 2023
Total Exports Growth (%) -2.8 Dec 2023 quarterly Mar 2005 - Dec 2023
Aluminum: Exports (USD th) 1,138.414 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 353.170 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 304.331 2022 yearly 1995 - 2022
Total Imports (USD mn) 2,088.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Total Imports Growth (%) 10.5 Dec 2023 quarterly Mar 2005 - Dec 2023
Imports: Medicament (USD th) 30,246.773 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 37,533.232 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 26.215 May 2024 monthly Feb 2005 - May 2024
Total Imports from USA (USD mn) 1.932 May 2024 monthly Aug 2003 - May 2024
Total Exports to China (USD mn) 357.954 May 2024 monthly Dec 1996 - May 2024
Total Imports from China (USD mn) 353.742 May 2024 monthly Dec 1996 - May 2024
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 245.910 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 186.790 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Agricultural Products (USD mn) 202.210 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Electrical Machinery and Equipment (USD mn) 270.710 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Mineral Products (USD mn) 428.110 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Machinery and Mechanical Equipment (USD mn) 163.400 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Plastic and Rubber Products (USD mn) 128.590 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 379.750 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Iron, Steel and Other Metal Products (USD mn) 157.940 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Extra-ASEAN: India (USD th) 102,124.000 2022 yearly 2008 - 2022
Export Volume Index (2015=100) 99.478 2021 yearly 2000 - 2021
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -90.1 Dec 2023 quarterly Mar 1994 - Dec 2023
Current Account Balance: % of GDP (%) 2.7 2023 yearly 1984 - 2023
Foreign Direct Investment (USD mn) 394.2 Dec 2023 quarterly Mar 2001 - Dec 2023
Foreign Direct Investment: % of GDP (%) 11.9 2023 yearly 1988 - 2023
Foreign Portfolio Investment (USD mn) -100.146 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.3 2023 yearly 1984 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Dec 2023 quarterly Mar 1994 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -100.180 Dec 2023 quarterly Mar 1999 - Dec 2023
External Debt (USD mn) 10,253.1 2023 yearly 1996 - 2023
External Debt: % of GDP (%) 74.2 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) -1.018 2028 yearly 1980 - 2028
BoP: FA: Porfolio Investment (USD mn) 361.05 Dec 2017 quarterly Mar 2004 - Dec 2017
FDI: France (USD th) 0.000 2021 yearly 2000 - 2021
FDI: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
FDI: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: Korea (USD th) 6,183.504 2021 yearly 2000 - 2021
FDI: Vietnam (USD th) 176,991.125 2021 yearly 2000 - 2021
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) 711.800 2017 yearly 2015 - 2017
FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
Foreign Direct Investment (FDI) (USD mn) 976.474 2022 yearly 2000 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.7 Mar 2024 quarterly Dec 2017 - Mar 2024
Money Supply M1 (USD mn) 978.693 Jun 2024 quarterly Dec 1999 - Jun 2024
Money Supply M2 (USD mn) 14,049.430 Jun 2024 quarterly Dec 1999 - Jun 2024
M2 Growth (%) 34.6 Jun 2024 quarterly Dec 2000 - Jun 2024
Reserve Requirement Ratio (%) 8.0 Aug 2024 monthly Jan 2002 - Aug 2024
Foreign Exchange Reserves (USD mn) 1,819.3 Jun 2024 monthly Dec 1988 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.5 Mar 2024 quarterly Mar 2004 - Mar 2024
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 13,815.419 Dec 2023 quarterly Dec 2004 - Dec 2023
Total Deposits Growth (%) 34.8 Dec 2023 quarterly Dec 2005 - Dec 2023
Domestic Credit (USD mn) 10,487.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Domestic Credit Growth (%) 29.9 Jun 2024 quarterly Dec 1992 - Jun 2024
Total Loans (USD mn) 9,034.637 Jun 2024 quarterly Dec 2004 - Jun 2024
Total Loans Growth (%) 29.03 Jun 2024 quarterly Dec 2005 - Jun 2024
Private Debt: % of Nominal GDP (%) 56.65 2023 yearly 2012 - 2023
Monetary Survey: Narrow Money (M1) (LAK bn) 20,156.187 Jun 2024 quarterly Dec 1991 - Jun 2024
Monetary Survey: Broad Money (M2) (LAK bn) 289,348.005 Jun 2024 quarterly Dec 1991 - Jun 2024
Reserve Requirement Rate: LAK (%) 8.000 2023 yearly 1989 - 2023
Commercial Banks (CB): Deposits (LAK bn) 264,731.060 Dec 2023 quarterly Dec 2004 - Dec 2023
Commercial Banks (CB): Loans: Total (LAK bn) 186,068.356 Jun 2024 quarterly Dec 2004 - Jun 2024

More Indicators for Laos

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data