Lao People’s Democratic Republic - Net financial account in current prices

-441,197,440 (US dollars) in 2022

In 2022, net financial account for Lao People’s Democratic Republic was -441 million US dollars. Though Lao People’s Democratic Republic net financial account fluctuated substantially in recent years, it tended to decrease through 2003 - 2022 period ending at -441 million US dollars in 2022.

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What is net financial account?

The net financial account shows net acquisition and disposal of financial assets and liabilities. It measures how net lending to or borrowing from nonresidents is financed, and is conceptually equal to the sum of the balances on the current and capital accounts. Data are in current U.S. dollars.

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What is Lao People’s Democratic Republic net financial account?