Home Lao PDR Economy & Growth Gross Savings

Lao PDR Gross Savings

Gross savings as % of GDP  NY.GNS.ICTR.ZS

17.64% +6.89% (+64.1%)
Year 2016 Rank #124 Global Peak 22.57% (2006) Source World Bank

Lao PDR Gross Savings (1984–2016)

Overview

Lao PDR's gross savings stood at 17.64% in 2016, a rise of +6.89% from 2015. Lao PDR ranked 124th globally.

Data & projection

Year Gross Savings YoY change Rank
2016 17.64% +6.89% #124
2015 10.75% +0.58% #160
2014 10.17% +4.45% #160
2013 5.72% −1.15% #166
2012 6.87% −11.54% #163
2011 18.40% +8.73% #108
2010 9.67% −6.95% #158
2009 16.62% +2.59% #110
2008 14.03% −5.11% #136
2007 19.14% −3.43% #105
2006 22.57% +2.32% #92
2005 20.24% +5.52% #94
2004 14.72% +4.16% #139
2003 10.56% −7.80% #154
2002 18.37% +16.97% #108
Show all years (1984-2016)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +12.3% GDP growth 3.7% C/A balance 2.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Lao PDR matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw gross savings improve within 24 months. View full analysis →

Frequently Asked Questions

What is Lao PDR's gross savings?

Lao PDR's gross savings was 17.64% in 2016. Ranked 124th globally. This represents a 64.1% increase from the previous year.

What was the highest gross savings in Lao PDR?

Lao PDR's gross savings peaked at 22.57% in 2006.

What was the lowest gross savings in Lao PDR?

The lowest gross savings in Lao PDR was -0.61% in 1988.

How does Lao PDR rank in gross savings?

Lao PDR ranks 124th globally in gross savings as of 2016.

What is the World Bank indicator code for gross savings?

The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.

What is the gross savings of Lao PDR in 2016?

The gross savings of Lao PDR in 2016 was 17.64%. This ranks 124th in the world.

Cite this page

APA
Lao PDR Gross Savings. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/lao-pdr/gross-savings
BibTeX
@misc{historysaid_lao-pdr_gross-savings, title = {Lao PDR Gross Savings}, url = {https://historysaid.com/lao-pdr/gross-savings}, publisher = {HistorySaid}, year = {2026} }