Laos: Bank credit to deposits

The latest value from 2010 is 71.1 percent, an increase from 70.83 percent in 2009. In comparison, the world average is 97.27 percent, based on data from 176 countries. Historically, the average for Laos from 1989 to 2010 is 51.75 percent. The minimum value, 6.25 percent, was reached in 1989 while the maximum of 78.29 percent was recorded in 1995. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: The financial resources provided to the private sector by domestic money banks as a share of total deposits. Domestic money banks comprise commercial banks and other financial institutions that accept transferable deposits, such as demand deposits. Total deposits include demand, time and saving deposits in deposit money banks.