
Gross debt in Laos
The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.The gross debt in Laos in the period from 1998 to 2020 was between 1.0 billion and 12.9 billion USD. The highest level of the last years at 13 billion US Dollar was reached in 2020.
Based on the number of inhabitants, this is a debt of 1,768 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.
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Gross debt of the last 22 years in billion USD
Year | Laos total | Laos per capita | EU per capita |
---|---|---|---|
1998 | 2.48 bn USD | 483 USD | 14,079 USD |
1999 | 1.27 bn USD | 243 USD | 14,032 USD |
2000 | 1.03 bn USD | 193 USD | 11,232 USD |
2001 | 1.68 bn USD | 310 USD | 11,255 USD |
2002 | 1.68 bn USD | 305 USD | 12,258 USD |
2003 | 1.82 bn USD | 327 USD | 15,286 USD |
2004 | 1.91 bn USD | 337 USD | 17,595 USD |
2005 | 2.00 bn USD | 348 USD | 18,327 USD |
2006 | 2.07 bn USD | 355 USD | 18,877 USD |
2007 | 2.36 bn USD | 397 USD | 20,898 USD |
2008 | 2.82 bn USD | 466 USD | 24,086 USD |
2009 | 3.02 bn USD | 492 USD | 25,361 USD |
2010 | 3.52 bn USD | 563 USD | 26,496 USD |
2011 | 3.76 bn USD | 593 USD | 29,231 USD |
2012 | 4.70 bn USD | 729 USD | 28,174 USD |
2013 | 5.93 bn USD | 907 USD | 29,981 USD |
2014 | 7.11 bn USD | 1,071 USD | 30,648 USD |
2015 | 7.65 bn USD | 1,128 USD | 25,918 USD |
2016 | 8.67 bn USD | 1,258 USD | 26,261 USD |
2017 | 9.76 bn USD | 1,395 USD | 27,024 USD |
2018 | 10.82 bn USD | 1,523 USD | 28,448 USD |
2019 | 11.45 bn USD | 1,588 USD | 27,168 USD |
2020 | 12.94 bn USD | 1,768 USD | 30,783 USD |