Laos (Lao People's Democratic Republic) Current Account Balance (% GDP) Statistics

05, Dec 2019, EST.

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 (% GDP) › See all Laos indicators, › See Current Account Balance (% GDP) 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. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

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

Current Account Balance (% GDP) for Laos in year 2015 is -23.235 %. 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. 180 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Laos is 19.12 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Laos was -23.18 % Current Account Balance (% GDP) for Laos in 2015 was or will be 0.22% more than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Laos was or will be -20.96 %, which is 9.80% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Laos, in other Years
Year %
  2021 -14.433
  2020 -14.635
  2019 -16.019
  2018 -17.729
  2017 -19.817
  2016 -20.957
2015 -23.235
  2014 -23.184
  2013 -28.947
  2012 -29.262
  2011 -18.353
  2010 -18.783
  2009 -21.99
  2008 -19.263
  2007 -13.517
  2006 -11.924
  2005 -19.481
  2004 -17.169
  2003 -14.382
  2002 -11.91
  2001 -15.293
  2000 0.164
  1999 -6.769
  1998 -5.829
  1997 -10.927
  1996 -11.921
  1995 -6.597
  1994 -6.572
  1993 -3.06
  1992 -3.325
  1991 -2.319
  1990 -8.504
  1989 -15.075
  1988 -12.758
  1987 -8.597
  1986 -4.76
  1985 -3.067
  1984 -3.735
  1983 -6.638
  1982 -8.613
  1981 -9.396
  1980 -4.269