Laos: Small firms with bank credit
* indicates monthly or quarterly data series
| Laos |
Small firms with bank credit, percent of all small firms |
|---|---|
| Latest value | 20.10 |
| Year | 2018 |
| Measure | percent |
| Data availability | 2009 - 2018 |
| Average | 18.13 |
| Min - Max | 11.10 - 25.30 |
| Source | The World Bank |
The latest value from 2018 is 20.1 percent, an increase from 11.1 percent in 2016. In comparison, the world average is 20.33 percent, based on data from 8 countries. Historically, the average for Laos from 2009 to 2018 is 18.13 percent. The minimum value, 11.1 percent, was reached in 2016 while the maximum of 25.3 percent was recorded in 2012.
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Recent data
Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| ATMs per 100,000 adults | 28.06 | 2021 | ATMs per 100,000 adults |
| Bank accounts per 1000 adults | 601.23 | 2020 | bank accounts |
| Bank branches per 100,000 people | 3.21 | 2020 | bank branches |
| Firms using credit to finance investment | 8.60 | 2018 | percent |
| Small firms with bank credit | 20.10 | 2018 | percent |
| Percent people with credit cards | 1.00 | 2021 | percent |
| Percent people with debit cards | 23.45 | 2021 | percent |
| Domestic credit to the private sector | 20.92 | 2010 | percent |
| Bank credit to the private sector | 20.92 | 2010 | percent |
| Liquid liabilities, percent of GDP | 36.19 | 2010 | percent |
| Bank assets to GDP | 23.71 | 2010 | percent |
| Financial system deposits, percent of GDP | 29.42 | 2010 | percent |
| Bank credit to government | 2.65 | 2010 | percent |
| Banking system concentration | 63.08 | 2021 | percent |
| Percent people with bank accounts | 37.32 | 2021 | percent |