Subsidies and other transfers in Laos
Laos: Subsidies and other transfers was 2.63 trillion current LCU in 2022. ◆ Volatile
Subsidies and other transfers in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Laos is 2.63 trillion current LCU, measured in 2022.
That represents a change of down 3.4% on the previous year and up 165.7% over ten years.
Over the whole period, subsidies and other transfers in Laos peaked at 2.85 trillion current LCU in 2019 and was at its lowest, 519.10 billion current LCU, in 2008.
Laos ranks 27th of 153 countries on this measure, 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 |
|---|---|---|---|---|
| 2000s | 544.96 billion current LCU | 519.10 billion current LCU | 570.82 billion current LCU | 2 |
| 2010s | 1.51 trillion current LCU | 809.28 billion current LCU | 2.85 trillion current LCU | 10 |
| 2020s | 2.71 trillion current LCU | 2.63 trillion current LCU | 2.79 trillion current LCU | 3 |
Countries ranked near Laos
More public sector data for Laos
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Tax revenue 12.1% (2022)
- Taxes on income, profits and capital gains 19.3% (2022)
- Taxes on goods and services 53.9% (2022)
- Net investment in nonfinancial assets 4.3% (2022)
- Net lending (+) / net borrowing (-) 0.2% (2022)
- Interest payments 11.8% (2022)
- Grants and other revenue 18.1% (2022)
- Interest payments 17.0% (2022)
- Other taxes 0.6% (2022)
Frequently asked questions
- What is subsidies and other transfers in Laos?
- Subsidies and other transfers in Laos was 2.63 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Laos?
- The highest recorded value was 2.85 trillion current LCU in 2019.
- What is the lowest subsidies and other transfers recorded in Laos?
- The lowest recorded value was 519.10 billion current LCU in 2008.
- How does Laos rank for subsidies and other transfers?
- Laos ranks 27th out of 153 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Laos?
- Over the last ten years it is up 165.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.