In 2017, general government net lending/borrowing for Lao People’s Democratic Republic was -7,848 billion LCU. Though Lao People’s Democratic Republic general government net lending/borrowing fluctuated substantially in recent years, it tended to decrease through 2003 - 2017 period ending at -7,848 billion LCU in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.