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Lao People’s Democratic Republic - General government revenue in % of GDP

16.8 (%) in 2017

In 2017, general government revenue (% of GDP) for Lao People’s Democratic Republic was 16.8 %. Though Lao People’s Democratic Republic general government revenue (% of GDP) fluctuated substantially in recent years, it tended to increase through 2003 - 2017 period ending at 16.8 % in 2017.

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What is general government revenue (% of GDP)?

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.

What is Lao People’s Democratic Republic general government revenue (% of GDP)?

Date Value Change, %
2017 16.8 3.57 %
2016 16.2 -23.21 %
2015 21.1 1.59 %
2014 20.8 -1.56 %
2013 21.1 -1.32 %
2012 21.4 7.09 %
2011 20.0 -0.52 %
2010 20.1 34.22 %
2009 15.0 5.75 %
2008 14.2 1.95 %
2007 13.9 6.08 %
2006 13.1