Laos (Lao People's Democratic Republic) General government revenue (% of GDP) Statistics

11, Nov 2019, EST.

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

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. See notes for: General government revenue (National currency).

General government revenue (% of GDP) Statistics for Laos (Lao People's Democratic Republic), Year 2015 - In Detail

General government revenue (% of GDP) for Laos in year 2015 is 23.273 %. 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.

This makes Laos No. 124 in world rankings according to General government revenue (% of GDP) in year 2015. The world's average General government revenue (% of GDP) value is 30.23 %; Laos is 6.96 less than the average.

In the previous year, 2014, General government revenue (% of GDP) for Laos was 23.49 % General government revenue (% of GDP) for Laos in 2015 was or will be 0.91% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government revenue (% of GDP) for Laos was or will be 23.30 %, which is 0.10% more than the 2015 figure.

* Source: IMF
General government revenue (% of GDP) for Laos, in other Years
Year %
  2021 22.911
  2020 22.601
  2019 22.415
  2018 22.361
  2017 22.343
  2016 23.297
2015 23.273
  2014 23.486
  2013 23.924
  2012 24.108
  2011 22.396
  2010 22.642
  2009 17.149
  2008 15.931
  2007 15.59
  2006 14.5
  2005 13.879
  2004 12.835
  2003 13.725
  2002 15.806
  2001 17.231
  2000 17.52
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a