Lao PDR's adjusted net savings, excluding particulate emission damage (current US$) was −US$239.36 million in 2016, the latest year in the World Bank's World Development Indicators. That is down 581.89% from US$49.67 million in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$239.36 million | 2016 |
| Five years earlier | −US$466.46 million | 2011 |
| Ten years earlier | US$49.67 million | 2006 |
| Highest | US$56.42 million | 2005 |
| Lowest | −US$1.45 billion | 2013 |
| Average since 2007 | −US$735.81 million | 2007–2016 |
| First recorded | −US$190.67 million |
What the numbers say
In 2016, Lao PDR's adjusted net savings, excluding particulate emission damage (current US$) rose US$766.96 million on 2015 (from −US$1.01 billion to −US$239.36 million).
Across the 15 yearly changes before that (2001 to 2015), the average change was −US$54.38 million and a typical year strayed about US$400.31 million from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$766.96 million in 2016 and the biggest yearly fall was US$864.28 million in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 there is no clear straight-line trend: a straight line explains 16% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
What this measures
Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. This series excludes particulate emissions damage. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 17 values
| Year | Adjusted net savings, excluding particulate emission damage (current US$) |
|---|---|
| 2016 | -239,361,933 |
| 2015 | -1,006,321,253 |
| 2014 | -945,649,610 |
| 2013 | -1,450,955,152 |
| 2012 | -1,330,734,497 |
| 2011 | -466,455,997 |
| 2010 | -1,043,011,649 |
| 2009 | -303,667,286 |
| 2008 | -488,551,995 |
| 2007 | -83,416,841 |
Adjusted net savings, excluding particulate emission damage (current US$) in nearby economies
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — US$347.91 million (2023)
- Technical cooperation grants (BoP, current US$) — US$90.18 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.74 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$435.39 million (2023)
- Net official development assistance and official aid received (current US$) — US$514.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$514.84 million (2023)
- Net official development assistance received (current US$) — US$514.84 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Lao PDR's adjusted net savings, excluding particulate emission damage (current US$)?
- −US$239.36 million in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is down 25.54% from −US$190.67 million in 2000. The highest value was US$56.42 million in 2005 and the lowest −US$1.45 billion in 2013.
- Is the latest change in adjusted net savings, excluding particulate emission damage (current US$) unusual for Lao PDR?
- In 2016, Lao PDR's adjusted net savings, excluding particulate emission damage (current US$) rose US$766.96 million on 2015 (from −US$1.01 billion to −US$239.36 million). Across the 15 yearly changes before that (2001 to 2015), the average change was −US$54.38 million and a typical year strayed about US$400.31 million from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator NY.ADJ.SVNX.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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