Gross savings in Laos
Laos: Gross savings was 22.80 trillion current LCU in 2016. ◆ Volatile
Gross savings in Laos, 1984–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Laos recorded 22.80 trillion current LCU for gross savings in 2016. That is the highest value across all 22 years on record.
That represents a change of up 81.0% on the previous year and up 188.1% over ten years.
Over the whole period, gross savings in Laos peaked at 22.80 trillion current LCU in 2016 and was at its lowest, -1.44 billion current LCU, in 1988.
That places Laos 20th out of 177 countries with data for 2016, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.40 billion current LCU | -1.44 billion current LCU | 9.03 billion current LCU | 5 |
| 2000s | 4.71 trillion current LCU | 219.31 billion current LCU | 8.26 trillion current LCU | 10 |
| 2010s | 10.84 trillion current LCU | 5.37 trillion current LCU | 22.80 trillion current LCU | 7 |
Countries ranked near Laos
More economy & growth data for Laos
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
- Taxes less subsidies on products 1.95 billion current US$ (2025)
- Net primary income (Net income from abroad) -20.95 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.02 billion current US$ (2025)
- GNI per capita 44.87 million current LCU (2025)
- GNI per capita, Atlas method 2,150 current US$ (2025)
- GNI 353.24 trillion current LCU (2025)
Frequently asked questions
- What is gross savings in Laos?
- Gross savings in Laos was 22.80 trillion current LCU in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Laos?
- The highest recorded value was 22.80 trillion current LCU in 2016.
- What is the lowest gross savings recorded in Laos?
- The lowest recorded value was -1.44 billion current LCU in 1988.
- How does Laos rank for gross savings?
- Laos ranks 20th out of 177 countries with data for 2016.
- Is gross savings rising or falling in Laos?
- Over the last ten years it is up 188.1%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.