In 2017, general government revenue for Lao People’s Democratic Republic was 23,073 billion LCU. General government revenue of Lao People’s Democratic Republic increased from 2,798 billion LCU in 2003 to 23,073 billion LCU in 2017 growing at an average annual rate of 17.04 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government's net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of non-financial and financial assets or incurrence of liabilities.