Lao PDR's gross domestic savings (current US$) was US$3.24 billion in 2016, the latest year in the World Bank's World Development Indicators. That is up 283.53% from US$843.66 million in 2006 (14.39% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$3.24 billion | 2016 |
| Five years earlier | US$1.98 billion | 2011 |
| Ten years earlier | US$843.66 million | 2006 |
| Highest | US$3.24 billion | 2016 |
| Lowest | −US$28.57 million | 1988 |
| Average since 2007 | US$1.46 billion | 2007–2016 |
| First recorded | US$45.71 million |
What the numbers say
In 2016, Lao PDR's gross domestic savings (current US$) rose US$1.26 billion on 2015 (from US$1.97 billion to US$3.24 billion).
Across the 19 yearly changes before that (1985 to 2015), the average change was +US$94.45 million and a typical year strayed about US$368.81 million from that (the standard deviation). This year's change was 3.2 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$1.26 billion in 2016 and the biggest yearly fall was US$953.67 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 the straight-line trend is upward, about US$190.83 million a year. A straight line explains 58% 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
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Lao PDR | US$3.24 billion | 2016 |
| World | US$30.01 trillion | 2024 |
| East Asia & Pacific | US$12.23 trillion | 2024 |
| Lower middle income | US$1.39 trillion | 2025 |
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 22 values
| Year | Gross domestic savings (current US$) |
|---|---|
| 2016 | 3,235,731,746 |
| 2015 | 1,971,105,057 |
| 2014 | 1,626,801,427 |
| 2013 | 1,056,249,689 |
| 2012 | 1,026,683,167 |
| 2011 | 1,980,357,064 |
| 2010 | 963,516,665 |
| 2009 | 1,002,285,600 |
| 2008 | 879,106,851 |
| 2007 | 858,492,637 |
| 2006 |
Gross domestic savings (current US$) in nearby economies
- Australia — US$449.57 billion (2025)
- Brunei Darussalam — US$7.05 billion (2025)
- Cambodia — US$18.5 billion (2025)
- China — US$8.11 trillion (2024)
- Fiji — US$639.51 million (2024)
- French Polynesia — −US$361.3 million (2024)
- Hong Kong SAR, China — US$90.67 billion (2025)
- Indonesia — US$538.33 billion (2025)
- Japan — US$1.12 trillion (2024)
- Kiribati — −US$215.59 million (2024)
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — 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 gross domestic savings (current US$)?
- US$3.24 billion in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is up 6,978% from US$45.71 million in 1984 (14.24% a year on average, compounded). The highest value was US$3.24 billion in 2016 and the lowest −US$28.57 million in 1988.
- Is the latest change in gross domestic savings (current US$) unusual for Lao PDR?
- In 2016, Lao PDR's gross domestic savings (current US$) rose US$1.26 billion on 2015 (from US$1.97 billion to US$3.24 billion). Across the 19 yearly changes before that (1985 to 2015), the average change was +US$94.45 million and a typical year strayed about US$368.81 million from that (the standard deviation). This year's change was 3.2 standard deviations above that average, so it was unusually large compared with the rest of the record.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NY.GDS.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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