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. On the other hand 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 13.0 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 in Laos a debt of 1,793 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 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 | 1,135 USD | 25,920 USD |
2016 | 8.67 bn USD | 1,266 USD | 26,262 USD |
2017 | 9.76 bn USD | 1,404 USD | 27,025 USD |
2018 | 10.82 bn USD | 1,532 USD | 28,454 USD |
2019 | 11.55 bn USD | 1,611 USD | 27,178 USD |
2020 | 13.04 bn USD | 1,793 USD | 30,798 USD |