Laos Current Account Balance
1994 - 2024 | Quarterly | USD mn | CEIC Data
Key information about Laos Current Account Balance
- Laos Current Account recorded a surplus of 64.4 USD mn in Sep 2024, compared with a deficit of 172.6 USD mn in the previous quarter.
- Laos Current Account Balance: USD mn data is updated quarterly, available from Mar 1994 to Sep 2024, with an averaged value of -57.8 USD mn.
- The data reached an all-time high of 403.3 USD mn in Mar 2023 and a record low of -676.0 USD mn in Sep 2018.
- CEIC extends history for quarterly Current Account Balance. The Bank of the Lao PDR provides Current Account Balance in USD based on BPM6. Current Account Balance prior to Q1 2012 is based on BPM5 and prior to Q1 2004 sourced from the International Monetary Fund.
- Foreign Direct Investment (FDI) increased by 176.1 USD mn in Sep 2024.
- Its Foreign Portfolio Investment fell by 132.7 USD mn in Sep 2024.
- The country's Nominal GDP was reported at 15.4 USD bn in Dec 2022.
View Laos's Current Account Balance from Mar 1994 to Sep 2024 in the chart:
What was Laos's Current Account Balance in Sep 2024?
Laos Current Account recorded a surplus of 64.4 USD mn in Sep 2024, compared with a deficit of 172.6 USD mn in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 64.4 Sep 2024 | -172.6 Jun 2024 | -676.0 Sep 2018 | 403.3 Mar 2023 | USD mn | quarterly | Mar 1994 - Sep 2024 |
Current Account Balance by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -145.1 Mar 2023 | quarterly | Mar 1993 - Mar 2023 |
| Algeria (USD mn) | -2,970.0 Dec 2019 | quarterly | Mar 2007 - Dec 2019 |
| Argentina (USD mn) | 1,400.7 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
| Armenia (USD mn) | -258.7 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Australia (USD mn) | -8,177.2 Dec 2024 | quarterly | Sep 1959 - Dec 2024 |
| Austria (USD mn) | 5,171.8 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
| Azerbaijan (USD mn) | 1,327.6 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Bahrain (USD mn) | 395.1 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Bangladesh (USD mn) | 306.1 Nov 2024 | monthly | Jul 1997 - Nov 2024 |
| Belarus (USD mn) | -1,726.9 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Belgium (USD mn) | -1,705.2 Dec 2022 | monthly | Jan 1995 - Dec 2022 |
| Bolivia (USD mn) | -175.3 Sep 2024 | quarterly | Mar 1988 - Sep 2024 |
| Bosnia and Herzegovina (USD mn) | -52.0 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Botswana (USD mn) | -44.3 Dec 2022 | quarterly | Mar 2004 - Dec 2022 |
| Brazil (USD mn) | -8,655.2 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Brunei (USD mn) | -615.1 Dec 2020 | quarterly | Mar 2001 - Dec 2020 |
| Bulgaria (USD mn) | 351.4 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Cambodia (USD mn) | 991.3 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Canada (USD mn) | -4,560.8 Mar 2023 | quarterly | Mar 1957 - Mar 2023 |
| Chile (USD mn) | -3,139.6 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
| China (USD mn) | 147,580.2 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Colombia (USD mn) | -2,240.3 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Croatia (USD mn) | -1,465.3 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Cyprus (USD mn) | -178.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
| Czech Republic (USD mn) | 782.0 Apr 2023 | monthly | Jan 2003 - Apr 2023 |
| Denmark (USD mn) | 5,296.0 Apr 2023 | monthly | Jan 2005 - Apr 2023 |
| Ecuador (USD mn) | 1,473.3 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
| Egypt (USD mn) | -5,909.6 Sep 2024 | quarterly | Dec 1993 - Sep 2024 |
| Estonia (USD mn) | 94.3 Apr 2023 | monthly | Jan 1999 - Apr 2023 |
| European Union (USD mn) | 133,240.7 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Finland (USD mn) | -1,912.9 Apr 2023 | monthly | Jan 1980 - Apr 2023 |
| France (USD mn) | -2,303.2 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Georgia (USD mn) | -200.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Germany (USD mn) | 16,462.0 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Ghana (USD mn) | 1,417.8 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
| Greece (USD mn) | -3,772.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Hong Kong SAR, China (USD mn) | 15,372.3 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Hungary (USD mn) | 746.0 Sep 2024 | quarterly | Dec 1989 - Sep 2024 |
| Iceland (USD mn) | -71.2 Mar 2023 | quarterly | Mar 1976 - Mar 2023 |
| India (USD mn) | -11,156.8 Sep 2024 | quarterly | Jun 1949 - Sep 2024 |
| Indonesia (USD mn) | -1,144.8 Dec 2024 | quarterly | Mar 1981 - Dec 2024 |
| Iran (USD mn) | 14,204.8 2023 | yearly | 1997 - 2023 |
| Ireland (USD mn) | 14,845.9 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Israel (USD mn) | 2,980.3 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Italy (USD mn) | -1,662.6 Apr 2023 | monthly | Jan 1970 - Apr 2023 |
| Ivory Coast (USD mn) | -4,378.2 2023 | yearly | 1975 - 2023 |
| Japan (USD mn) | 14,232.0 Apr 2023 | monthly | Jan 1996 - Apr 2023 |
| Jordan (USD mn) | -1,007.6 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Kazakhstan (USD mn) | 63.7 Sep 2024 | quarterly | Dec 1997 - Sep 2024 |
| Kenya (USD mn) | -266.0 Jun 2024 | monthly | Jan 2002 - Jun 2024 |
| South Korea (USD mn) | 10,079.7 Jan 2025 | monthly | Jan 1980 - Jan 2025 |
| Kosovo (USD mn) | -526.6 Dec 2024 | quarterly | Mar 2009 - Dec 2024 |
| Kuwait (USD mn) | 12,143.8 Sep 2024 | quarterly | Mar 2012 - Sep 2024 |
| Kyrgyzstan (USD mn) | -1,294.6 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
| Laos (USD mn) | 64.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Latvia (USD mn) | 23.0 Apr 2023 | monthly | Jan 2000 - Apr 2023 |
| Lebanon (USD mn) | -227.4 Dec 2023 | monthly | Jan 2002 - Dec 2023 |
| Lithuania (USD mn) | 65.8 Dec 2024 | monthly | Jan 2001 - Dec 2024 |
| Luxembourg (USD mn) | 2,429.4 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Macau SAR, China (USD mn) | 14,379.7 2023 | yearly | 2002 - 2023 |
| North Macedonia (USD mn) | 108.9 Mar 2023 | monthly | Jan 2001 - Mar 2023 |
| Malawi (USD mn) | -2,276.0 2023 | yearly | 1977 - 2023 |
| Malaysia (USD mn) | 2,598.3 Dec 2024 | quarterly | Mar 1999 - Dec 2024 |
| Malta (USD mn) | 495.9 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Mauritius (USD mn) | -183.0 Sep 2023 | quarterly | Mar 2017 - Sep 2023 |
| Mexico (USD mn) | -14,282.0 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
| Moldova (USD mn) | -886.9 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Mongolia (USD mn) | -521.9 Jan 2025 | monthly | Jan 2009 - Jan 2025 |
| Montenegro (USD mn) | -278.9 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Morocco (USD mn) | -811.5 Sep 2024 | quarterly | Mar 2014 - Sep 2024 |
| Mozambique (USD mn) | -629.1 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Myanmar (USD mn) | 295.8 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Nepal (USD mn) | 267.8 Jan 2025 | quarterly | Oct 2000 - Jan 2025 |
| Netherlands (USD mn) | 27,762.5 Mar 2023 | quarterly | Mar 1967 - Mar 2023 |
| New Zealand (USD mn) | -5,231.7 Mar 2023 | quarterly | Jun 1971 - Mar 2023 |
| Nigeria (USD mn) | 5,142.5 Jun 2024 | quarterly | Mar 2014 - Jun 2024 |
| Norway (USD mn) | 27,310.5 Mar 2023 | quarterly | Mar 1981 - Mar 2023 |
| Oman (USD mn) | 2,637.2 2023 | yearly | 1974 - 2023 |
| Pakistan (USD mn) | 1,504.0 Dec 2024 | quarterly | Mar 1976 - Dec 2024 |
| Palestinian Territory (USD mn) | -870.0 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Panama (USD mn) | 824.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Paraguay (USD mn) | -388.1 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Peru (USD mn) | 2,260.9 Dec 2024 | quarterly | Mar 1977 - Dec 2024 |
| Philippines (USD mn) | -2,198.3 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Poland (USD mn) | -554.0 Nov 2024 | monthly | Jan 2000 - Nov 2024 |
| Portugal (USD mn) | -276.6 Dec 2024 | monthly | Jan 1996 - Dec 2024 |
| Qatar (USD mn) | 10,114.0 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Romania (USD mn) | -3,074.6 Dec 2024 | monthly | Jun 2002 - Dec 2024 |
| Russia (USD mn) | -700.0 Jan 2025 | monthly | Jan 2012 - Jan 2025 |
| Saudi Arabia (USD mn) | -8,790.1 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Serbia (USD mn) | -980.3 Dec 2024 | monthly | Jan 2013 - Dec 2024 |
| Singapore (USD mn) | 21,619.8 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Slovakia (USD mn) | -1,303.9 Dec 2024 | monthly | Jan 1997 - Dec 2024 |
| Slovenia (USD mn) | 359.8 Apr 2023 | monthly | Jan 1994 - Apr 2023 |
| South Africa (USD mn) | -932.5 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
| Spain (USD mn) | 1,357.2 Dec 2024 | monthly | Jan 1990 - Dec 2024 |
| Sri Lanka (USD mn) | 303.4 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
| Sudan (USD mn) | -1,752.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Sweden (USD mn) | 10,369.1 Dec 2024 | quarterly | Mar 1975 - Dec 2024 |
| Switzerland (USD mn) | 17,338.7 Mar 2023 | quarterly | Mar 1983 - Mar 2023 |
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Learn more about what we doLaos Key Series
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | 178.6 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Total Exports (USD mn) | 2,217.9 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Total Exports Growth (%) | 2.4 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Aluminum: Exports (USD th) | 1,135.414 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 330.538 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 218.709 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 2,039.2 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Total Imports Growth (%) | 4.4 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Imports: Medicament (USD th) | 29,719.658 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 31,997.651 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 9.873 Nov 2024 | monthly | Feb 2005 - Nov 2024 |
| Total Imports from USA (USD mn) | 15.888 Nov 2024 | monthly | Aug 2003 - Nov 2024 |
| Total Exports to China (USD mn) | 571.291 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Total Imports from China (USD mn) | 110.304 Nov 2024 | monthly | Dec 1996 - Nov 2024 |
| Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 297.920 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Agricultural Products (USD mn) | 147.760 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Plastic and Rubber Products (USD mn) | 142.090 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Electrical Machinery and Equipment (USD mn) | 259.880 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 220.430 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 194.390 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Machinery and Mechanical Equipment (USD mn) | 188.310 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Mineral Products (USD mn) | 462.100 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Imports: Iron, Steel and Other Metal Products (USD mn) | 153.890 Sep 2024 | quarterly | Dec 2018 - Sep 2024 |
| Exports: Extra-ASEAN: India (USD th) | 101,542.000 2023 | yearly | 2008 - 2023 |
| Imports: Extra-ASEAN: EU 27 Countries (USD th) | 101,441.000 2023 | yearly | 2010 - 2023 |
| Imports: Intra-ASEAN: Vietnam (USD th) | 532,132.000 2023 | yearly | 2010 - 2023 |
| Exports: Extra-ASEAN: EU 27 Countries (USD th) | 269,683.000 2023 | yearly | 2007 - 2023 |
| Imports: Extra-ASEAN: Japan (USD th) | 93,722.000 2023 | yearly | 2010 - 2023 |
| Exports: Intra-ASEAN: Thailand (USD th) | 2,883,854.000 2023 | yearly | 2007 - 2023 |
| Exports: Intra-ASEAN: Vietnam (USD th) | 1,390,684.000 2023 | yearly | 2007 - 2023 |
| Imports: Intra-ASEAN: Thailand (USD th) | 3,844,420.000 2023 | yearly | 2010 - 2023 |
| Imports: Extra-ASEAN: China (USD th) | 1,964,647.000 2023 | yearly | 2010 - 2023 |
| Exports: Extra-ASEAN: China (USD th) | 2,504,404.000 2023 | yearly | 2007 - 2023 |
| Import Value Index (2015=100) | 110.567 2021 | yearly | 1980 - 2021 |
| Import Volume Index (2015=100) | 88.616 2021 | yearly | 2000 - 2021 |
| Export Volume Index (2015=100) | 99.478 2021 | yearly | 2000 - 2021 |
| Export Value Index (2015=100) | 210.618 2021 | yearly | 1980 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) | 64.4 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 2.7 2023 | yearly | 1984 - 2023 |
| Foreign Direct Investment (USD mn) | 176.1 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 11.9 2023 | yearly | 1988 - 2023 |
| Foreign Portfolio Investment (USD mn) | -132.717 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.3 2023 | yearly | 1984 - 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -132.717 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| 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) | 0.176 2029 | yearly | 1980 - 2029 |
| 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: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
| FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
| FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
| FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
| FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
| FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
| FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
| FDI: Mining and Quarrying (USD mn) | 126.792 2017 | yearly | 2015 - 2017 |
| Foreign Direct Investment (FDI) (USD mn) | 1,500.203 2023 | yearly | 2000 - 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.8 Sep 2024 | quarterly | Dec 2017 - Sep 2024 |
| Money Supply M1 (USD mn) | 825.869 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 13,972.420 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| M2 Growth (%) | 23.3 Sep 2024 | quarterly | Dec 2000 - Sep 2024 |
| Reserve Requirement Ratio (%) | 8.0 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 1,819.3 Jun 2024 | monthly | Dec 1988 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.5 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
| Total Deposits (USD mn) | 15,027.306 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
| Total Deposits Growth (%) | 36.9 Jun 2024 | quarterly | Dec 2005 - Jun 2024 |
| Domestic Credit (USD mn) | 10,675.1 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Domestic Credit Growth (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Total Loans (USD mn) | 9,211.862 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
| Total Loans Growth (%) | 20.94 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 56.65 2023 | yearly | 2012 - 2023 |
| Monetary Survey: Narrow Money (M1) (LAK bn) | 16,961.698 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Monetary Survey: Broad Money (M2) (LAK bn) | 286,965.565 Sep 2024 | quarterly | Dec 1991 - Sep 2024 |
| Reserve Requirement Rate: LAK (%) | 8.000 2024 | yearly | 1989 - 2024 |
| Commercial Banks (CB): Deposits (LAK bn) | 309,487.370 Jun 2024 | quarterly | Dec 2004 - Jun 2024 |
| Commercial Banks (CB): Loans: Total (LAK bn) | 189,193.228 Sep 2024 | quarterly | Dec 2004 - Sep 2024 |
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