Public Debt in Laos
Public debt in Laos averaged 61.2% of GDP in the decade to 2021, below the Asia-Pacific regional average of 87.2% of GDP. In 2021, Laos' public debt was 92.4% of GDP. For more public debt information, visit our dedicated page.
Laos Public Debt Chart
Note: This chart displays Public Debt (% of GDP) for Laos from 2013 to 2023.
Source: Macrobond.
Laos Public Debt Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Public Debt (% of GDP) | 69.1 | 76.0 | 92.9 | 130.7 | 115.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Laotian public debt projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable public debt forecast available for Laotian public debt.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Laotian public debt projections.
Want to get access to the full dataset of Laotian public debt forecasts? Send an email to info@focus-economics.com.