Laos Policy Rate

1992 - 2023 | Monthly | % pa | CEIC Data

Key information about Laos Policy Rate

  • Laos cash rate (Policy Rate: Month End: Laos: Short Term Lending Rate) was set at 7.50 % pa in May 2023, compared with 7.50 % pa in the previous Apr 2023.
  • Laos Policy Rate averaged 10.00 % pa and is updated monthly, available from Dec 1992 to May 2023.
  • The data reached an all-time high of 35.00 % pa in Dec 2001 and a record low of 3.00 % pa in Apr 2022.

CEIC extends history for monthly Policy Rate. The Bank of the Lao PDR provides Short Term Lending Rate: Less Than 1 Week. Policy Rate prior to January 2002 refers to Short Term Lending Rate: Less Than 3 Months.
  • Laos Exchange Rate against USD averaged 16,862.32 (USD/LAK) in May 2023.
  • View Laos's Policy Rate from Dec 1992 to May 2023 in the chart:

    Laos Policy Rate

    What was Laos's Policy Rate in May 2023?

    Laos cash rate (Policy Rate: Month End: Laos: Short Term Lending Rate) was set at 7.50 % pa in May 2023, compared with 7.50 % pa in the previous Apr 2023. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    7.50 May 2023 7.50 Apr 2023 3.00 Apr 2022 35.00 Dec 2001 % pa monthly Dec 1992 - May 2023

    Policy Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 2.75 Feb 2025 monthly Jan 2000 - Feb 2025
    Algeria (% pa) 3.00 Feb 2025 monthly Jan 1963 - Feb 2025
    Argentina (%) 27.74 Feb 2025 monthly Jan 1985 - Feb 2025
    Armenia (% pa) 6.75 Feb 2025 monthly May 2001 - Feb 2025
    Australia (% pa) 4.10 Feb 2025 monthly Aug 1990 - Feb 2025
    Austria (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Azerbaijan (% pa) 7.25 Mar 2025 monthly Jan 2005 - Mar 2025
    Bahrain (% pa) 5.25 Feb 2025 monthly Jan 2007 - Feb 2025
    Bangladesh (% pa) 10.00 Feb 2025 monthly Sep 2009 - Feb 2025
    Belarus (% pa) 9.50 Feb 2025 monthly Jul 1991 - Feb 2025
    Belgium (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Bolivia (% pa) 3.05 Feb 2025 monthly Jan 2013 - Feb 2025
    Botswana (% pa) 3.75 Apr 2022 monthly Aug 1976 - Apr 2022
    Brazil (% pa) 13.25 Feb 2025 monthly Mar 1999 - Feb 2025
    Bulgaria (% pa) 2.59 Mar 2025 monthly Feb 1991 - Mar 2025
    Canada (% pa) 3.00 Feb 2025 monthly Dec 1992 - Feb 2025
    Chile (% pa) 5.00 Feb 2025 monthly May 1995 - Feb 2025
    China (% pa) 2.65 Jun 2023 monthly Jan 2016 - Jun 2023
    Colombia (% pa) 9.50 Feb 2025 monthly Apr 1995 - Feb 2025
    Croatia (% pa) 3.00 Dec 2022 monthly Dec 1992 - Dec 2022
    Cyprus (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Czech Republic (% pa) 2.75 Feb 2025 monthly Jan 1993 - Feb 2025
    Denmark (% pa) 2.35 Feb 2025 monthly Aug 1914 - Feb 2025
    Ecuador (% pa) 9.33 Feb 2025 monthly Jul 1995 - Feb 2025
    Egypt (% pa) 27.75 Feb 2025 monthly Jan 1991 - Feb 2025
    Estonia (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    European Union (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Finland (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    France (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Georgia (% pa) 8.00 Feb 2025 monthly Jan 2008 - Feb 2025
    Germany (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Ghana (% pa) 29.50 May 2023 monthly Nov 2002 - May 2023
    Greece (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Hong Kong SAR, China (% pa) 4.75 Feb 2025 monthly Jun 1992 - Feb 2025
    Hungary (% pa) 6.50 Jan 2025 monthly Oct 1990 - Jan 2025
    Iceland (% pa) 10.00 Feb 2025 monthly Jan 1994 - Feb 2025
    India (% pa) 6.25 Feb 2025 monthly Apr 2001 - Feb 2025
    Indonesia (% pa) 5.75 Feb 2025 monthly Jun 2015 - Feb 2025
    Ireland (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Israel (% pa) 4.50 Feb 2025 monthly Dec 1998 - Feb 2025
    Italy (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Ivory Coast (% pa) 2.50 Mar 2017 monthly Jan 1964 - Mar 2017
    Japan (% pa) -0.10 Jun 2023 monthly Nov 2008 - Jun 2023
    Jordan (% pa) 7.50 Feb 2025 monthly Dec 1965 - Feb 2025
    Kazakhstan (% pa) 15.25 Feb 2025 monthly Feb 1992 - Feb 2025
    Kenya (% pa) 10.75 Feb 2025 monthly Jul 2003 - Feb 2025
    South Korea (% pa) 2.75 Feb 2025 monthly May 1999 - Feb 2025
    Kosovo (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Kuwait (% pa) 4.00 Feb 2025 monthly Jul 1999 - Feb 2025
    Kyrgyzstan (% pa) 9.00 Feb 2025 monthly Jan 1999 - Feb 2025
    Laos (% pa) 7.50 May 2023 monthly Dec 1992 - May 2023
    Latvia (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Lebanon (% pa) 10.00 Jan 2023 monthly Apr 1964 - Jan 2023
    Lithuania (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Luxembourg (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Macau SAR, China (% pa) 4.75 Feb 2025 monthly Dec 1999 - Feb 2025
    North Macedonia (% pa) 5.35 Mar 2025 monthly Jan 2002 - Mar 2025
    Malawi (% pa) 26.00 Feb 2025 monthly Jan 1980 - Feb 2025
    Malaysia (% pa) 3.00 Feb 2025 monthly Apr 2004 - Feb 2025
    Malta (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Mauritius (% pa) 4.50 Feb 2025 monthly Dec 1999 - Feb 2025
    Mexico (% pa) 9.50 Feb 2025 monthly Jan 2008 - Feb 2025
    Moldova (% pa) 5.60 Feb 2025 monthly Feb 2001 - Feb 2025
    Mongolia (% pa) 10.00 Feb 2025 monthly Jul 2007 - Feb 2025
    Montenegro (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Morocco (% pa) 2.50 Feb 2025 monthly Jun 1995 - Feb 2025
    Myanmar (% pa) 7.00 2024 yearly 1986 - 2024
    Nepal (% pa) 6.50 Feb 2025 monthly Jul 2003 - Feb 2025
    Netherlands (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    New Zealand (% pa) 5.50 May 2023 monthly Mar 1999 - May 2023
    Nigeria (% pa) 27.50 Feb 2025 monthly Dec 2006 - Feb 2025
    Norway (% pa) 4.50 Feb 2025 monthly Jan 1991 - Feb 2025
    Oman (% pa) 5.00 Feb 2025 monthly May 2007 - Feb 2025
    Pakistan (% pa) 13.00 Feb 2025 monthly Feb 1992 - Feb 2025
    Paraguay (% pa) 6.00 Feb 2025 monthly Jul 2010 - Feb 2025
    Peru (% pa) 4.75 Feb 2025 monthly Sep 2003 - Feb 2025
    Philippines (% pa) 7.00 May 2024 monthly Jun 2016 - May 2024
    Poland (% pa) 5.75 Feb 2025 monthly Jan 2005 - Feb 2025
    Portugal (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Qatar (% pa) 5.10 Feb 2025 monthly Mar 2003 - Feb 2025
    Romania (% pa) 6.50 Feb 2025 monthly Jan 2003 - Feb 2025
    Russia (% pa) 21.00 Feb 2025 monthly Sep 2013 - Feb 2025
    Saudi Arabia (% pa) 5.00 Feb 2025 monthly Jan 2000 - Feb 2025
    Serbia (% pa) 5.75 Feb 2025 monthly Jan 2001 - Feb 2025
    Singapore (% pa) 4.00 Jun 2023 monthly Jul 2005 - Jun 2023
    Slovakia (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Slovenia (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    South Africa (% pa) 7.50 Feb 2025 monthly Nov 1999 - Feb 2025
    Spain (% pa) 2.90 Feb 2025 monthly Jan 1999 - Feb 2025
    Sri Lanka (% pa) 7.50 Feb 2025 monthly Jan 1997 - Feb 2025
    Sweden (% pa) 2.25 Feb 2025 monthly Jan 1987 - Feb 2025
    Switzerland (% pa) 0.43 Feb 2025 monthly Jun 1999 - Feb 2025
    Syria (% pa) 5.00 Dec 2024 monthly Jan 1962 - Dec 2024
    Taiwan (% pa) 2.00 Feb 2025 monthly Jul 1961 - Feb 2025
    Tajikistan (% pa) 8.75 Feb 2025 monthly Jun 1995 - Feb 2025
    Thailand (% pa) 2.00 Feb 2025 monthly May 2000 - Feb 2025
    Tunisia (% pa) 8.00 Feb 2025 monthly Jan 2000 - Feb 2025
    Turkey (% pa) 45.00 Feb 2025 monthly Jun 1996 - Feb 2025
    Ukraine (% pa) 14.50 Feb 2025 monthly Dec 1992 - Feb 2025
    United Arab Emirates (% pa) 4.40 Feb 2025 monthly Nov 2007 - Feb 2025

    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: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
    Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
    Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
    Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
    Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
    Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
    Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
    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
    Exports: Mineral Products (USD mn) 462.100 Sep 2024 quarterly Dec 2018 - Sep 2024
    Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 297.920 Sep 2024 quarterly Dec 2018 - Sep 2024
    Exports: Plastic and Rubber Products (USD mn) 142.090 Sep 2024 quarterly Dec 2018 - Sep 2024
    Exports: Agricultural Products (USD mn) 147.760 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: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 220.430 Sep 2024 quarterly Dec 2018 - Sep 2024
    Imports: Machinery and Mechanical Equipment (USD mn) 188.310 Sep 2024 quarterly Dec 2018 - Sep 2024
    Imports: Electrical Machinery and Equipment (USD mn) 259.880 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
    Imports: Extra-ASEAN: Japan (USD th) 93,722.000 2023 yearly 2010 - 2023
    Imports: Extra-ASEAN: EU 27 Countries (USD th) 101,441.000 2023 yearly 2010 - 2023
    Exports: Extra-ASEAN: India (USD th) 101,542.000 2023 yearly 2008 - 2023
    Imports: Intra-ASEAN: Vietnam (USD th) 532,132.000 2023 yearly 2010 - 2023
    Imports: Intra-ASEAN: Thailand (USD th) 3,844,420.000 2023 yearly 2010 - 2023
    Exports: Extra-ASEAN: China (USD th) 2,504,404.000 2023 yearly 2007 - 2023
    Imports: Extra-ASEAN: China (USD th) 1,964,647.000 2023 yearly 2010 - 2023
    Exports: Extra-ASEAN: EU 27 Countries (USD th) 269,683.000 2023 yearly 2007 - 2023
    Exports: Intra-ASEAN: Vietnam (USD th) 1,390,684.000 2023 yearly 2007 - 2023
    Exports: Intra-ASEAN: Thailand (USD th) 2,883,854.000 2023 yearly 2007 - 2023
    Export Value Index (2015=100) 210.618 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
    Import Value Index (2015=100) 110.567 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: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
    FDI: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
    FDI: Vietnam (USD th) 176,991.125 2021 yearly 2000 - 2021
    FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
    FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
    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
    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

    More Indicators for Laos

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