Lao PDR: Adjusted savings, net forest depletion (% of GNI)

Key figures

What the numbers say

In 2021, Lao PDR's adjusted savings, net forest depletion (% of GNI) fell 0.1 percentage points on 2020 (from 1.69% to 1.59%).

Across the 30 yearly changes before that (1991 to 2020), the average change was −0.17 percentage points and a typical year strayed about 1.13 percentage points from that (the standard deviation). This year's change was 0.1 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 4.12 percentage points in 1988 and the biggest yearly fall was 3.61 percentage points in 1999. 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 0.29 percentage points a year. A straight line explains 80% 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 33rd highest value of the 168 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

• São Tomé and Principe — 30th of 168: 1.86%
• Malaysia — 31st of 168: 1.75%
• Comoros — 32nd of 168: 1.62%
• Paraguay — 34th of 168: 1.31%
• Kenya — 35th of 168: 1.24%
• Fiji — 36th of 168: 1.2%

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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.

Limitations: A positive net depletion figure for forest resources implies that the harvest rate exceeds the rate of natural growth; this is not the same as deforestation, which represents a change in land use. In principle, there should be an addition to savings in countries where growth exceeds harvest, but empirical estimates suggest that most of this net growth is in forested areas that cannot currently be exploited economically. Because the depletion estimates reflect only timber values, they ignore all the external and nontimber benefits associated with standing forests.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 38 values

Adjusted savings, net forest depletion (% of GNI) in nearby economies

• Australia — 0.12% (2021)
• Brunei Darussalam — 0.05% (2021)
• Cambodia — 0% (2021)
• China — 0% (2021)
• Fiji — 1.2% (2021)
• Indonesia — 0% (2021)
• Japan — 0% (2021)
• Kiribati — 0.02% (2021)
• Korea, Rep. — 0% (2021)
• Malaysia

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

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Questions people ask

What is Lao PDR's adjusted savings, net forest depletion (% of GNI)?

1.59% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1984?

It is down 0.22 percentage points from 1.81% in 1984. The highest value was 9.13% in 1988 and the lowest 1.45% in 1985.

How does Lao PDR rank?

33rd highest of 168 economies with data for 2021.

Is the latest change in adjusted savings, net forest depletion (% of GNI) unusual for Lao PDR?

In 2021, Lao PDR's adjusted savings, net forest depletion (% of GNI) fell 0.1 percentage points on 2020 (from 1.69% to 1.59%). Across the 30 yearly changes before that (1991 to 2020), the average change was −0.17 percentage points and a typical year strayed about 1.13 percentage points from that (the standard deviation). This year's change was 0.1 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.DFOR.GN.ZS, 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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