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Lao People’s Democratic Republic - General government gross debt in current LCU

87,294 (billion LCU) in 2017

In 2017, government debt for Lao People’s Democratic Republic was 87,294 billion LCU. Government debt of Lao People’s Democratic Republic increased from 21,331 billion LCU in 2003 to 87,294 billion LCU in 2017 growing at an average annual rate of 10.77 %.

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What is government debt?

Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).

What is Lao People’s Democratic Republic government debt?

Date Value Change, %
2017 87,294 18.28 %
2016 73,804 10.82 %
2015 66,597 9.77 %
2014 60,669 22.94 %
2013 49,351 12.81 %
2012 43,747 23.95 %
2011 35,294 6.37 %
2010 33,182 11.17 %
2009 29,848 10.46 %
2008 27,021 6.92 %
2007 25,272 2.72 %
2006 24,602