Lao People’s Democratic Republic - Depositors with commercial banks

674.7 (number per thousand adults) in 2021

In 2021, depositors with commercial banks for Lao People’s Democratic Republic was 674.7 number per thousand adults. Depositors with commercial banks of Lao People’s Democratic Republic increased from 447.4 number per thousand adults in 2015 to 674.7 number per thousand adults in 2021 growing at an average annual rate of 7.28%.

The description is composed by our digital data assistant.

Depositors with commercial banks are the reported number of deposit account holders at commercial banks and other resident banks functioning as commercial banks that are resident non-financial corporations (public and private) and households. For many countries data cover the total number of deposit accounts due to lack of information on account holders. The major types of deposits are checking accounts, savings accounts, and time deposits.