Laos recorded a Government Debt to GDP of 68.71 percent of the country's Gross Domestic Product in 2024. This dataset provides - Laos Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Laos decreased to 10350.50 USD Million in 2024 from 10525.20 USD Million in 2023. This dataset provides - Laos External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Laos: Short-term debt, percent of total external debt: The latest value from 2023 is 0.7 percent, a decline from 3.97 percent in 2022. In comparison, the world average is 11.22 percent, based on data from 118 countries. Historically, the average for Laos from 1970 to 2023 is 1.38 percent. The minimum value, 0 percent, was reached in 1970 while the maximum of 9.79 percent was recorded in 2013.

Laos: Government debt as percent of GDP: The latest value from 2023 is 115.88 percent, a decline from 130.73 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Laos from 2001 to 2023 is 69.78 percent. The minimum value, 43.01 percent, was reached in 2011 while the maximum of 130.73 percent was recorded in 2022.

Laos: External debt, percent of Gross National Income: The latest value from 2022 is 130.74 percent, an increase from 108.36 percent in 2021. In comparison, the world average is 56.76 percent, based on data from 113 countries. Historically, the average for Laos from 1984 to 2022 is 123.16 percent. The minimum value, 26.25 percent, was reached in 1985 while the maximum of 221.73 percent was recorded in 1988.

International debt issues to GDP (%) in Laos was reported at 16.62 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Outstanding international public debt securities to GDP (%) in Laos was reported at 11.07 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Debt securities held by nonresidents in Laos was reported at 1915153396 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - Debt securities held by nonresidents - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Laos: Percent of auto debt balance 90+ days delinquent: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for Laos from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

Debt securities held by nonresidents, total, short term in Laos was reported at 250000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - Debt securities held by nonresidents, total, short term - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Outstanding international private debt securities to GDP (%) in Laos was reported at 5.5549 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

International debt securities, all maturities in Laos was reported at 6482000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - International debt securities, all maturities - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

International debt securities, short term in Laos was reported at 1961000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - International debt securities, short term - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

International debt securities, nonbanks in Laos was reported at 6482000000 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Laos - International debt securities, nonbanks - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from ** percent inflation in Myanmar to **** percent inflation in Thailand in 2025. Only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.