Lao People’s Democratic Republic - Borrowers from commercial banks

29.2 (number per thousand adults) in 2021

In 2021, borrowers from commercial banks for Lao People’s Democratic Republic was 29.2 number per thousand adults. Though Lao People’s Democratic Republic borrowers from commercial banks fluctuated substantially in recent years, it tended to increase through 2015 - 2021 period ending at 29.2 number per thousand adults in 2021.

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What is borrowers from commercial banks?

Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks. For many countries data cover the total number of loan accounts due to lack of information on loan account holders.

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What is Lao People’s Democratic Republic borrowers from commercial banks?