Tax revenue in Laos

Laos: Tax revenue was 26.30 trillion current LCU in 2022. ▲ Rising

Latest (2022)
26.30 trillion current LCU
Change on year
up 38.6%
World rank
10th
of 157 countries
All-time high
26.30 trillion current LCU
in 2022
All-time low
5.76 trillion current LCU
in 2008
Years of data
15
2008–2022

Tax revenue in Laos, 2008–2022

5.0T10.0T15.0T20.0T25.0T2008201520222008: 5.8T current LCU2009: 6.3T current LCU2010: 7.7T current LCU2011: 9.2T current LCU2012: 11.1T current LCU2013: 12.9T current LCU2014: 14.8T current LCU2015: 15.8T current LCU2016: 16.7T current LCU2017: 17.2T current LCU2018: 17.9T current LCU2019: 18.6T current LCU2020: 16.1T current LCU2021: 19.0T current LCU2022: 26.3T current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for tax revenue in Laos is 26.30 trillion current LCU, measured in 2022. That is the highest value across all 15 years on record.

That represents a change of up 38.6% on the previous year and up 136.8% over ten years.

Over the whole period, tax revenue in Laos peaked at 26.30 trillion current LCU in 2022 and was at its lowest, 5.76 trillion current LCU, in 2008.

Laos ranks 10th of 157 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.05 trillion current LCU 5.76 trillion current LCU 6.34 trillion current LCU 2
2010s 14.20 trillion current LCU 7.67 trillion current LCU 18.65 trillion current LCU 10
2020s 20.47 trillion current LCU 16.14 trillion current LCU 26.30 trillion current LCU 3

Countries ranked near Laos

  1. 7 Argentina 60.90 trillion current LCU compare
  2. 8 Chile 56.74 trillion current LCU compare
  3. 9 Paraguay 38.33 trillion current LCU compare
  4. 11 Tanzania 26.22 trillion current LCU compare
  5. 12 Uganda 25.72 trillion current LCU compare
  6. 13 Russia 22.00 trillion current LCU compare

See the full ranking of 157 places →

More public sector data for Laos

All data for Laos →

Frequently asked questions

What is tax revenue in Laos?
Tax revenue in Laos was 26.30 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest tax revenue recorded in Laos?
The highest recorded value was 26.30 trillion current LCU in 2022.
What is the lowest tax revenue recorded in Laos?
The lowest recorded value was 5.76 trillion current LCU in 2008.
How does Laos rank for tax revenue?
Laos ranks 10th out of 157 countries with data for 2022.
Is tax revenue rising or falling in Laos?
Over the last ten years it is up 136.8%. The long-run trend across the full record is rising.
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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Tax revenue (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,711 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.