24, Feb 2020, EST.

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Country or Region: Laos (Lao People's Democratic Republic) › Change country
Economic Indicator: General government revenue (National Currency) › See all Laos indicators, › See General government revenue (National Currency) 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

Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance or Treasury Latest actual data: 2012/13 Start/end months of reporting year: October/September GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government Primary domestic currency: Lao kip Data last updated: 03/2016

General government revenue (National Currency) for Laos is LAK 23,291.49 Billions. Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities.

In the previous year, 2014, General government revenue (National Currency) for Laos was LAK 21,541.93 Billions General government revenue (National Currency) for Laos in 2015 was or will be 8.12% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (National Currency) for Laos was or will be LAK 25,343.02 Billions, which is 8.81% more than the 2015 figure.