Lao PDR's adjusted savings, carbon dioxide damage (current US$) was US$1.28 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 1,310% from US$90.68 million in 2011 (30.3% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.28 billion | 2021 |
| Five years earlier | US$563.81 million | 2016 |
| Ten years earlier | US$90.68 million | 2011 |
| Highest | US$1.28 billion | 2021 |
| Lowest | US$6.18 million | 1990 |
| Average since 2012 | US$573.08 million | 2012–2021 |
| First recorded | US$6.18 million |
What the numbers say
In 2021, Lao PDR's adjusted savings, carbon dioxide damage (current US$) rose 32.8% on 2020 (from US$962.94 million to US$1.28 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +19.9% and a typical year strayed about 22.9% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 111.3% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is upward, about US$127.13 million a year. A straight line explains 95% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Lao PDR had the 73rd highest value of the 208 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Lao PDR in the 2021 ranking
- Sweden — 70th of 208: US$1.46 billion
- Bahrain — 71st of 208: US$1.43 billion
- Slovak Republic — 72nd of 208: US$1.3 billion
- Tunisia — 74th of 208: US$1.27 billion
- Dominican Republic — 75th of 208: US$1.22 billion
- Denmark — 76th of 208: US$1.21 billion
What this measures
Cost of damage due to carbon dioxide emissions from fossil fuel use and the manufacture of cement, estimated to be US$40 per ton of CO2 (the unit damage in 2017 US dollars for CO2 emitted in 2020) times the number of tons of CO2 emitted. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 32 values
| Year | Adjusted savings, carbon dioxide damage (current US$) |
|---|---|
| 2021 | 1,278,823,936 |
| 2020 | 962,941,281 |
| 2019 | 762,973,570 |
| 2018 | 758,500,540 |
| 2017 | 712,795,590 |
| 2016 | 563,811,395 |
| 2015 | 308,782,636 |
| 2014 | 146,131,090 |
| 2013 | 134,473,601 |
| 2012 | 101,599,058 |
Adjusted savings, carbon dioxide damage (current US$) in nearby economies
- American Samoa — US$17.65 million (2021)
- Australia — US$16.94 billion (2021)
- Brunei Darussalam — US$315.56 million (2021)
- Cambodia — US$844.69 million (2021)
- China — US$482.5 billion (2021)
- Fiji — US$60.08 million (2021)
- French Polynesia — US$43.92 million (2021)
- Guam — US$82.6 million (2021)
- Hong Kong SAR, China — US$1.5 billion (2021)
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — 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 savings, carbon dioxide damage (current US$)?
- US$1.28 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 20,593% from US$6.18 million in 1990 (18.77% a year on average, compounded). The highest value was US$1.28 billion in 2021 and the lowest US$6.18 million in 1990.
- How does Lao PDR rank?
- 73rd highest of 208 economies with data for 2021.
- Is the latest change in adjusted savings, carbon dioxide damage (current US$) unusual for Lao PDR?
- In 2021, Lao PDR's adjusted savings, carbon dioxide damage (current US$) rose 32.8% on 2020 (from US$962.94 million to US$1.28 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +19.9% and a typical year strayed about 22.9% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DCO2.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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