Lao PDR's adjusted savings, net forest depletion (current US$) was US$281.18 million in 2021, the latest year in the World Bank's World Development Indicators. That is down 28.36% from US$392.49 million in 2011 (3.28% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$281.18 million | 2021 |
| Five years earlier | US$424.25 million | 2016 |
| Ten years earlier | US$392.49 million | 2011 |
| Highest | US$551.55 million | 2014 |
| Lowest | US$9.49 million | 1971 |
| Average since 2012 | US$369.51 million | 2012–2021 |
| First recorded | US$11.86 million |
What the numbers say
In 2021, Lao PDR's adjusted savings, net forest depletion (current US$) fell 6.7% on 2020 (from US$301.22 million to US$281.18 million).
Across the 30 yearly changes before that (1991 to 2020), the average change was +8.5% and a typical year strayed about 25.9% from that (the standard deviation). This year's change was 0.6 standard deviations below 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 168.1% in 1973 and the biggest yearly fall was 40.7% in 1981. 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 downward, about US$17.7 million a year. A straight line explains 36% 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 32nd highest value of the 183 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
- Burundi — 29th of 183: US$387.98 million
- Sierra Leone — 30th of 183: US$318.89 million
- Bangladesh — 31st of 183: US$312.97 million
- Peru — 33rd of 183: US$265.1 million
- Togo — 34th of 183: US$251.02 million
- Equatorial Guinea — 35th of 183: US$236.78 million
What this measures
Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 52 values
| Year | Adjusted savings, net forest depletion (current US$) |
|---|---|
| 2021 | 281,176,437 |
| 2020 | 301,218,596 |
| 2019 | 266,224,265 |
| 2018 | 291,420,486 |
| 2017 | 445,572,123 |
| 2016 | 424,245,530 |
| 2015 | 401,528,782 |
| 2014 | 551,546,133 |
| 2013 | 382,621,817 |
| 2012 | 349,519,917 |
Adjusted savings, net forest depletion (current US$) in nearby economies
- Australia — US$1.91 billion (2021)
- Brunei Darussalam — US$6.84 million (2021)
- Cambodia — US$0 (2021)
- China — US$0 (2021)
- Fiji — US$48.41 million (2021)
- French Polynesia — US$216,160 (2021)
- Indonesia — US$0 (2021)
- Japan — US$0 (2021)
- Kiribati — US$90,059 (2021)
- Korea, Dem. People's Rep.
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — 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, net forest depletion (current US$)?
- US$281.18 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 2,270% from US$11.86 million in 1970 (6.4% a year on average, compounded). The highest value was US$551.55 million in 2014 and the lowest US$9.49 million in 1971.
- How does Lao PDR rank?
- 32nd highest of 183 economies with data for 2021.
- Is the latest change in adjusted savings, net forest depletion (current US$) unusual for Lao PDR?
- In 2021, Lao PDR's adjusted savings, net forest depletion (current US$) fell 6.7% on 2020 (from US$301.22 million to US$281.18 million). Across the 30 yearly changes before that (1991 to 2020), the average change was +8.5% and a typical year strayed about 25.9% from that (the standard deviation). This year's change was 0.6 standard deviations below 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.DFOR.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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