Lao PDR Gross Savings
Gross savings as % of GDP NY.GNS.ICTR.ZS
Lao PDR's gross savings was 17.64% in 2016, ranked 124th globally. This represents a 64.1% increase from 2015. Data from World Bank, covering 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.
Lao PDR’s gross savings ratio has risen markedly since the mid‑1980s, climbing from a low of 5.00 in 1984 to an all‑time peak of 22.57 in 2006, before slipping to a trough of –0.61 in 1988 during the post‑reform adjustment period. By 2016 the ratio stood at 17.64, ranking 124th globally and placing the country close to peers such as Armenia (17.87) and Colombia (17.48). The upward trajectory reflects sustained improvements in fiscal discipline and modest growth in domestic investment, although the figure remains below the regional average for emerging economies. The 22‑year coverage of World Bank data shows that savings have consistently outpaced the early negative swing, suggesting a gradual consolidation of capital formation. Continued diversification of the economy and stronger financial sector development could push the savings rate higher, while external shocks or fiscal setbacks would likely temper the forward momentum.
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 |
Detected Pattern
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
Lao PDR's gross savings was 17.64% in 2016. Ranked 124th globally. This represents a 64.1% increase from the previous year.
Lao PDR's gross savings peaked at 22.57% in 2006.
The lowest gross savings in Lao PDR was -0.61% in 1988.
Lao PDR ranks 124th globally in gross savings as of 2016.
The World Bank indicator code is NY.GNS.ICTR.ZS. Data sourced from World Bank.
The gross savings of Lao PDR in 2016 was 17.64%. This ranks 124th in the world.
Cite this page
@misc{historysaid_lao-pdr_gross-savings,
title = {Lao PDR Gross Savings},
url = {https://historysaid.com/lao-pdr/gross-savings/},
publisher = {HistorySaid},
year = {2026}
}