Lao PDR - Budget Deficit 2003
-3.89%
−1.04% from 2002
Lao PDR's budget deficit was -3.89% in 2003, decreased +1.04% from -2.85% in 2002. This was the 51st highest globally.
Global Ranking - 2003▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | São Tomé and Principe | -15.93% | -52.8% |
| 2nd | Lebanon | -13.97% | 13.7% |
| 3rd | Burundi | -13.70% | -179.7% |
| 4th | India | -11.43% | -3.2% |
| 5th | Bhutan | -10.21% | -135.8% |
| 6th | Malta | -9.04% | -60.9% |
| 7th | Kiribati | -8.93% | -385.6% |
| 8th | Belize | -8.41% | -55.6% |
| 9th | Timor-Leste | -8.24% | -7.8% |
| 10th | Greece | -8.05% | -29.9% |
| 11th | Bolivia, Plurinational State of | -7.88% | 10.4% |
| 12th | Türkiye | -7.55% | 33.2% |
| 13th | Japan | -7.43% | -1.3% |
| 14th | Antigua and Barbuda | -7.32% | 17.1% |
| 15th | Hungary | -7.19% | 18.2% |
| 16th | Czechia | -6.88% | -8.4% |
| 17th | Belarus | -6.74% | 13.7% |
| 18th | Sri Lanka | -6.15% | 10.9% |
| 19th | Poland | -6.00% | -25.3% |
| 20th | Cyprus | -5.91% | -43.0% |
| 21st | Egypt, Arab Republic of | -5.73% | 15.4% |
| 22nd | Cambodia | -5.69% | 6.2% |
| 23rd | Portugal | -5.66% | -51.5% |
| 24th | St. Kitts and Nevis | -5.66% | 51.7% |
| 25th | Guinea-Bissau | -5.63% | -51.9% |
| 26th | Jamaica | -5.42% | 17.2% |
| 27th | Brazil | -5.40% | -30.2% |
| 28th | Zambia | -5.31% | -18.1% |
| 29th | Kyrgyz Republic | -5.17% | 12.4% |
| 30th | Honduras | -5.09% | -1.6% |
| 31st | Israel | -5.03% | 38.8% |
| 32nd | Croatia | -5.03% | -2.7% |
| 33rd | Albania | -5.01% | 19.4% |
| 34th | Uzbekistan | -4.87% | 22.9% |
| 35th | Guyana | -4.81% | -98.8% |
| 36th | United States | -4.77% | -24.9% |
| 37th | Guinea | -4.66% | -38.0% |
| 38th | Malaysia | -4.60% | -16.1% |
| 39th | Mauritius | -4.56% | 6.9% |
| 40th | Namibia | -4.47% | -224.7% |
| 41st | Chad | -4.32% | -5.8% |
| 42nd | Dominican Republic | -4.24% | -86.3% |
| 43rd | Myanmar | -4.24% | -5.8% |
| 44th | El Salvador | -4.23% | 23.1% |
| 45th | Yemen, Republic of | -4.20% | -656.9% |
| 46th | Djibouti | -4.13% | 9.4% |
| 47th | Angola | -4.10% | -82.7% |
| 48th | France | -4.10% | -29.0% |
| 49th | Montenegro | -4.06% | -181.5% |
| 50th | Congo, Democratic Republic of | -3.92% | -538.8% |
| 51st | Lao PDR | -3.89% | -36.3% |
| 52nd | Germany | -3.83% | 6.3% |
| 53rd | Morocco | -3.75% | 14.3% |
| 54th | Cabo Verde | -3.63% | 40.9% |
| 55th | Philippines | -3.49% | 5.8% |
| 56th | Fiji | -3.46% | 6.0% |
| 57th | Maldives | -3.45% | 13.2% |
| 58th | Costa Rica | -3.43% | 31.3% |
| 59th | Mongolia | -3.38% | 28.6% |
| 60th | Madagascar | -3.32% | 18.8% |
| 61st | Italy | -3.23% | -12.0% |
| 62nd | United Kingdom | -3.22% | -64.3% |
| 63rd | Netherlands | -3.19% | -43.1% |
| 64th | Palau | -3.18% | 74.9% |
| 65th | Hong Kong SAR, China | -3.17% | 33.5% |
| 66th | St. Lucia | -3.17% | -4.8% |
| 67th | Central African Republic | -3.06% | -157.4% |
| 68th | Barbados | -3.02% | 42.3% |
| 69th | Grenada | -2.81% | 79.8% |
| 70th | Sierra Leone | -2.78% | 8.1% |
| 71st | Iran, Islamic Republic of | -2.76% | 4.3% |
| 72nd | Syrian Arab Republic | -2.70% | -33.7% |
| 73rd | Colombia | -2.70% | 21.7% |
| 74th | Slovenia | -2.66% | -7.7% |
| 75th | Tunisia | -2.64% | -3.8% |
| 76th | Mozambique | -2.64% | 21.6% |
| 77th | Malawi | -2.60% | 41.8% |
| 78th | Viet Nam | -2.56% | -38.0% |
| 79th | Jordan | -2.52% | 43.3% |
| 80th | St. Vincent and the Grenadines | -2.51% | -25.3% |
| 81st | Guatemala | -2.47% | -139.2% |
| 82nd | Serbia | -2.39% | -2.4% |
| 83rd | China | -2.36% | 17.0% |
| 84th | Iceland | -2.30% | -2.1% |
| 85th | Romania | -2.29% | 11.9% |
| 86th | Slovak Republic | -2.28% | 72.7% |
| 87th | Panama | -2.27% | -135.9% |
| 88th | Mexico | -2.24% | -2.9% |
| 89th | Haiti | -2.24% | -24.2% |
| 90th | Uruguay | -2.19% | 31.1% |
| 91st | Niger | -2.18% | 1.7% |
| 92nd | Eswatini | -2.11% | 42.9% |
| 93rd | Afghanistan | -2.10% | -2,044.9% |
| 94th | Comoros | -2.05% | 4.7% |
| 95th | Ghana | -1.99% | 26.9% |
| 96th | Bangladesh | -1.96% | 15.1% |
| 97th | Belgium | -1.86% | -4,136.4% |
| 98th | Austria | -1.84% | -29.0% |
| 99th | Burkina Faso | -1.79% | 59.6% |
| 100th | Tanzania | -1.78% | -144.2% |
| 101st | Tajikistan | -1.75% | 27.3% |
| 102nd | Gambia, The | -1.73% | -3,035.6% |
| 103rd | Bahrain | -1.70% | 48.0% |
| 104th | Latvia | -1.67% | 35.6% |
| 105th | Bahamas, The | -1.63% | 2.3% |
| 106th | Peru | -1.62% | -15.5% |
| 107th | South Africa | -1.59% | -65.8% |
| 108th | Nigeria | -1.56% | -263.6% |
| 109th | Switzerland | -1.36% | 22.1% |
| 110th | Vanuatu | -1.35% | 62.9% |
| 111th | Lithuania | -1.27% | 31.8% |
| 112th | Côte d'Ivoire | -1.26% | -98.0% |
| 113th | Sweden | -1.25% | 14.5% |
| 114th | Rwanda | -1.23% | 39.3% |
| 115th | Mali | -1.19% | 61.6% |
| 116th | Indonesia | -1.08% | -87.0% |
| 117th | Benin | -1.07% | 67.8% |
| 118th | Uganda | -0.97% | 53.1% |
| 119th | Ukraine | -0.89% | 51.5% |
| 120th | Kenya | -0.73% | 43.8% |
| 121st | Georgia | -0.55% | -194.6% |
| 122nd | Senegal | -0.52% | -370.2% |
| 123rd | Samoa | -0.51% | 71.1% |
| 124th | Bosnia and Herzegovina | -0.44% | 85.2% |
| 125th | Chile | -0.42% | 64.5% |
| 126th | Spain | -0.38% | -18.3% |
| 127th | Nepal | -0.34% | 86.3% |
| 128th | Botswana | -0.18% | 95.6% |
| 129th | Canada | -0.13% | 45.7% |
| 130th | Pakistan | -0.12% | 95.5% |
| 131st | Suriname | -0.11% | 96.5% |
| 132nd | North Macedonia | -0.07% | 98.6% |
| 133rd | Paraguay | -0.07% | 96.5% |
| 134th | Bulgaria | 0.00% | 100.5% |
| 135th | Denmark | 0.14% | -44.8% |
| 136th | Papua New Guinea | 0.19% | 110.7% |
| 137th | Luxembourg | 0.28% | -86.4% |
| 138th | Ireland | 0.35% | 166.7% |
| 139th | Liberia | 0.36% | 122.6% |
| 140th | Congo, Republic of | 0.37% | 105.0% |
| 141st | Moldova | 0.47% | 139.9% |
| 142nd | Cameroon | 0.56% | -62.8% |
| 143rd | Singapore | 0.68% | -69.6% |
| 144th | Sudan | 0.77% | 212.1% |
| 145th | Dominica | 0.85% | 120.9% |
| 146th | Lesotho | 0.89% | 136.5% |
| 147th | Ecuador | 1.05% | 41.6% |
| 148th | Australia | 1.05% | 444.6% |
| 149th | Saudi Arabia | 1.20% | 120.3% |
| 150th | Nicaragua | 1.30% | -37.4% |
| 151st | Russian Federation | 1.35% | 100.6% |
| 152nd | Togo | 1.44% | 612.5% |
| 153rd | Argentina | 1.50% | 178.5% |
| 154th | Korea | 1.51% | -53.3% |
| 155th | Azerbaijan | 1.61% | -91.7% |
| 156th | Estonia | 1.67% | 468.3% |
| 157th | Andorra | 1.76% | 80.4% |
| 158th | Aruba | 1.90% | 159.8% |
| 159th | Trinidad and Tobago | 1.90% | 1,045.8% |
| 160th | Thailand | 1.98% | 129.4% |
| 161st | Finland | 2.34% | -41.1% |
| 162nd | United Arab Emirates | 2.35% | 290.0% |
| 163rd | Tonga | 2.37% | -8.5% |
| 164th | Micronesia, Federated States of | 2.62% | -63.7% |
| 165th | Seychelles | 3.40% | 120.9% |
| 166th | New Zealand | 3.68% | 44.4% |
| 167th | Turkmenistan | 3.99% | 2,055.1% |
| 168th | Kazakhstan | 4.00% | 107.7% |
| 169th | Macao SAR, China | 4.80% | 80.3% |
| 170th | Oman | 5.92% | 11.4% |
| 171st | Libya | 6.17% | -11.8% |
| 172nd | Eritrea | 6.24% | 146.9% |
| 173rd | Qatar | 6.71% | -15.0% |
| 174th | Norway | 7.21% | -20.2% |
| 175th | Algeria | 7.22% | 3,256.7% |
| 176th | Gabon | 7.75% | 108.2% |
| 177th | Brunei Darussalam | 8.06% | 274.7% |
| 178th | Equatorial Guinea | 9.99% | -43.2% |
| 179th | Marshall Islands | 10.54% | 105.9% |
| 180th | Solomon Islands | 10.56% | 342.8% |
| 181st | Kuwait | 27.21% | -12.3% |
FAQ
What was Lao PDR's budget deficit in 2003?▾
Lao PDR's budget deficit in 2003 was -3.89%. This ranked 51st globally.
How did Lao PDR's budget deficit change in 2003?▾
Lao PDR's budget deficit decreased by 36.3% in 2003 compared to 2002.
Which country had the highest budget deficit in 2003?▾
Kuwait had the highest budget deficit in 2003 at 27.21%.
What is the budget deficit of Lao PDR in 2003?▾
The budget deficit of Lao PDR in 2003 was -3.89%. This ranked 51st globally.
How does 2003 compare to 2002 for Lao PDR's budget deficit?▾
Lao PDR's budget deficit went from -2.85% in 2002 to -3.89% in 2003, a 36.3% decrease.
HistorySaid - pattern alert
Lao PDR matched the Orthodox Tightening Cycle pattern in 2003. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 7.2%. View full analysis →
Related
2002
2004
All years
Full ranking 2003
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 2024
Lowest: 2015
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Cameroon
vs Solomon Islands
vs Congo, Republic of
vs Senegal
ASEAN Budget Deficit
Global Ranking