Laos: Savings, percent of GDP
* indicates monthly or quarterly data series
| Laos |
Savings as percent of GDP |
|---|---|
| Latest value | 17.64 |
| Year | 2016 |
| Measure | percent |
| Data availability | 1984 - 2016 |
| Average | 11.02 |
| Min - Max | -0.61 - 22.57 |
| Source | The World Bank |
The latest value from 2016 is 17.64 percent, an increase from 10.75 percent in 2015. In comparison, the world average is 21.79 percent, based on data from 158 countries. Historically, the average for Laos from 1984 to 2016 is 11.02 percent. The minimum value, -0.61 percent, was reached in 1988 while the maximum of 22.57 percent was recorded in 2006.
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* indicates monthly or quarterly data series
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The savings in Laos and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 30.53 | 2023 | percent |
| Share of manufacturing | 9.25 | 2023 | percent |
| Share of services | 44.00 | 2023 | percent |
| Industry value added | 4.84 | 2023 | billion U.S. dollars |
| Manufacturing value added | 1.47 | 2023 | billion U.S. dollars |
| Services value added | 6.97 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 17.64 | 2016 | percent |
| Savings, in dollars | 2.81 | 2016 | billion U.S. dollars |