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Country or Region: Laos (Lao People's Democratic Republic) › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Laos indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kip
Currency Symbol: LAK

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: Central Bank. Other sources: IMF Statistical Database- Direction of Trade Latest actual data: 2009 Primary domestic currency: Lao kip Data last updated: 03/2011

Current Account Balance (US Dollars) for Laos in year 2010 is US$ -0.647 Billion

This makes Laos No. 107 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Laos is US$ 7.41 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Laos was US$ -0.98 Billion Current Account Balance (US Dollars) for Laos in 2010 was or will be 34.25% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Laos was or will be US$-0.94 Billion, which is 45.90% more than the 2010 figure.