household debts in Laos

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

YearLaos totalLaos per capitaEU per capita
19982.48 bn USD483 USD14,079 USD
19991.27 bn USD243 USD14,032 USD
20001.03 bn USD193 USD11,232 USD
20011.68 bn USD310 USD11,255 USD
20021.68 bn USD305 USD12,258 USD
20031.82 bn USD327 USD15,286 USD
20041.91 bn USD337 USD17,595 USD
20052.00 bn USD348 USD18,327 USD
20062.07 bn USD355 USD18,877 USD
20072.36 bn USD397 USD20,898 USD
20082.82 bn USD466 USD24,086 USD
20093.02 bn USD492 USD25,361 USD
20103.52 bn USD563 USD26,496 USD
20113.76 bn USD593 USD29,231 USD
20124.70 bn USD729 USD28,174 USD
20135.93 bn USD907 USD29,981 USD
20147.11 bn USD1,071 USD30,648 USD
20157.65 bn USD1,128 USD25,918 USD
20168.67 bn USD1,258 USD26,261 USD
20179.76 bn USD1,395 USD27,024 USD
201810.82 bn USD1,523 USD28,448 USD
201911.45 bn USD1,588 USD27,168 USD
202012.94 bn USD1,768 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Laos       European Union

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