Laos (Lao People's Democratic Republic) Current Account Balance (US Dollars) Statistics

22, Apr 2019, EDT.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: 2013 BOP Manual used: Balance of Payments Manual, fifth edition (BPM5) Primary domestic currency: Lao kip Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Laos (Lao People's Democratic Republic), Year 2015 - In Detail

Current Account Balance (US Dollars) for Laos in year 2015 is US$ -2.905 Billion. 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.

This makes Laos No. 149 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Laos is US$ 9.95 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Laos was US$ -2.71 Billion Current Account Balance (US Dollars) for Laos in 2015 was or will be 7.20% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Laos was or will be US$-2.80 Billion, which is 3.61% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Laos, in other Years
Year US$ Billion
  2021 -2.735
  2020 -2.583
  2019 -2.628
  2018 -2.709
  2017 -2.821
  2016 -2.8
2015 -2.905
  2014 -2.71
  2013 -3.123
  2012 -2.751
  2011 -1.48
  2010 -1.285
  2009 -1.228
  2008 -1.019
  2007 -0.57
  2006 -0.423
  2005 -0.529
  2004 -0.408
  2003 -0.292
  2002 -0.197
  2001 -0.239
  2000 0.003
  1999 -0.096
  1998 -0.076
  1997 -0.202
  1996 -0.233
  1995 -0.124
  1994 -0.106
  1993 -0.043
  1992 -0.041
  1991 -0.025
  1990 -0.078
  1989 -0.116
  1988 -0.079
  1987 -0.082
  1986 -0.064
  1985 -0.059
  1984 -0.057
  1983 -0.071
  1982 -0.051
  1981 -0.055
  1980 -0.043