Tax revenue in Laos
Laos: Tax revenue was 26.30 trillion current LCU in 2022. ▲ Rising
Tax revenue 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 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
| Decade | Average | Lowest | Highest | 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
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 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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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.