Laos Government Debt to GDP

Laos recorded a Government Debt to GDP of 74.15 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Laos averaged 53.02 percent of GDP from 1991 until 2023, reaching an all time high of 81.70 percent of GDP in 2004 and a record low of 33.61 percent of GDP in 1991. source: Bank of the Lao PDR

Government Debt to GDP in Laos is expected to reach 62.00 percent of GDP by the end of 2024, 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 60.00 percent of GDP in 2025, according to our econometric models.

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	44123.97	33223.09	LAK Billion	Dec 2023
Government Budget	-0.60	-0.30	percent of GDP	Dec 2023
Government Budget Value	1711.46	-445.87	LAK Billion	Dec 2023
Government Debt to GDP	74.15	69.74	percent of GDP	Dec 2023
Government Revenues	45835.43	31834.99	LAK Billion	Dec 2023

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.