Laos Forecast: Current Account Balance
Key information about Laos Forecast: Current Account Balance
- Laos Current Account Balance is forecasted to be -0.860 USD bn in Dec 2024 as reported by International Monetary Fund.
- It records an increase from the last reported number of -0.366 USD bn in Dec 2023.
- Looking ahead, Laos Current Account Balance is projected to stand at -1.018 USD bn in Dec 2028.
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.
View Laos's Forecast: Current Account Balance from 1980 to 2028 in the chart:
What is Laos's Forecast: Current Account Balance in 2028?
Laos Current Account Balance is forecasted to be -0.860 USD bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-1.018 2028 | -1.261 2027 | -3.220 2015 | 0.025 2000 | USD bn | yearly | 1980 - 2028 |
Forecast: Current Account Balance by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Afghanistan (USD bn) | 2.247 2020 | yearly | 2002 - 2020 |
Albania (USD bn) | -1.790 2028 | yearly | 1980 - 2028 |
Algeria (USD bn) | -11.567 2029 | yearly | 1980 - 2029 |
Andorra (USD bn) | 0.842 2028 | yearly | 2019 - 2028 |
Angola (USD bn) | 4.541 2029 | yearly | 1980 - 2029 |
Antigua and Barbuda (USD bn) | -0.252 2029 | yearly | 2014 - 2029 |
Argentina (USD bn) | 10.297 2029 | yearly | 1980 - 2029 |
Armenia (USD bn) | -1.802 2029 | yearly | 1992 - 2029 |
Aruba (USD bn) | 0.170 2029 | yearly | 1999 - 2029 |
Australia (USD bn) | -11.131 2029 | yearly | 1980 - 2029 |
Austria (USD bn) | 1.670 2028 | yearly | 1980 - 2028 |
Azerbaijan (USD bn) | 4.193 2029 | yearly | 1992 - 2029 |
Bahamas (USD bn) | -0.965 2028 | yearly | 1980 - 2028 |
Bahrain (USD bn) | 1.321 2028 | yearly | 1980 - 2028 |
Bangladesh (USD bn) | -21.942 2028 | yearly | 1980 - 2028 |
Barbados (USD bn) | -0.438 2028 | yearly | 1980 - 2028 |
Belarus (USD bn) | -0.558 2029 | yearly | 1992 - 2029 |
Belgium (USD bn) | 1.614 2029 | yearly | 1980 - 2029 |
Belize (USD bn) | -0.215 2028 | yearly | 1980 - 2028 |
Benin (USD bn) | -1.245 2028 | yearly | 1980 - 2028 |
Bhutan (USD bn) | -0.416 2028 | yearly | 1980 - 2028 |
Bolivia (USD bn) | -3.452 2029 | yearly | 1980 - 2029 |
Bosnia and Herzegovina (USD bn) | -1.298 2028 | yearly | 1998 - 2028 |
Botswana (USD bn) | 0.283 2029 | yearly | 1980 - 2029 |
Brazil (USD bn) | -61.163 2029 | yearly | 1980 - 2029 |
Brunei (USD bn) | 3.308 2029 | yearly | 1981 - 2029 |
Bulgaria (USD bn) | -0.564 2029 | yearly | 1980 - 2029 |
Burkina Faso (USD bn) | -0.678 2029 | yearly | 1980 - 2029 |
Burundi (USD bn) | -0.583 2028 | yearly | 1980 - 2028 |
Cambodia (USD bn) | -2.954 2028 | yearly | 1992 - 2028 |
Cameroon (USD bn) | -2.074 2029 | yearly | 1980 - 2029 |
Canada (USD bn) | -55.335 2028 | yearly | 1980 - 2028 |
Cape Verde (USD bn) | -0.120 2029 | yearly | 1980 - 2029 |
Central African Republic (USD bn) | -0.173 2028 | yearly | 1980 - 2028 |
Chad (USD bn) | -0.981 2028 | yearly | 1980 - 2028 |
Chile (USD bn) | -12.671 2028 | yearly | 1980 - 2028 |
China (USD bn) | 268.682 2029 | yearly | 1997 - 2029 |
Colombia (USD bn) | -17.588 2029 | yearly | 1980 - 2029 |
Comoros (USD bn) | -0.085 2028 | yearly | 1980 - 2028 |
Congo (USD bn) | -0.461 2028 | yearly | 1980 - 2028 |
Costa Rica (USD bn) | -1.821 2029 | yearly | 1980 - 2029 |
Croatia (USD bn) | -0.159 2029 | yearly | 1992 - 2029 |
Cyprus (USD bn) | -3.590 2029 | yearly | 1980 - 2029 |
Czech Republic (USD bn) | 6.206 2029 | yearly | 1995 - 2029 |
Democratic Republic of Congo (USD bn) | -3.273 2028 | yearly | 1980 - 2028 |
Denmark (USD bn) | 44.415 2029 | yearly | 1980 - 2029 |
Djibouti (USD bn) | 0.128 2028 | yearly | 1991 - 2028 |
Dominica (USD bn) | -0.108 2029 | yearly | 2000 - 2029 |
Dominican Republic (USD bn) | -4.927 2028 | yearly | 1980 - 2028 |
Ecuador (USD bn) | 1.810 2029 | yearly | 1980 - 2029 |
Egypt (USD bn) | -14.101 2029 | yearly | 1980 - 2029 |
El Salvador (USD bn) | -1.320 2029 | yearly | 1980 - 2029 |
Equatorial Guinea (USD bn) | -0.968 2029 | yearly | 1987 - 2029 |
Eritrea (USD bn) | 0.257 2019 | yearly | 1992 - 2019 |
Estonia (USD bn) | -0.974 2029 | yearly | 1993 - 2029 |
Swaziland (USD bn) | 0.001 2029 | yearly | 1980 - 2029 |
Ethiopia (USD bn) | -6.377 2029 | yearly | 1980 - 2029 |
Fiji (USD bn) | -0.574 2029 | yearly | 1980 - 2029 |
Finland (USD bn) | -1.459 2028 | yearly | 1980 - 2028 |
France (USD bn) | -4.242 2029 | yearly | 1980 - 2029 |
Gabon (USD bn) | -1.367 2028 | yearly | 1980 - 2028 |
Gambia (USD bn) | -0.046 2029 | yearly | 1980 - 2029 |
Georgia (USD bn) | -2.346 2028 | yearly | 1995 - 2028 |
Germany (USD bn) | 328.784 2029 | yearly | 1980 - 2029 |
Ghana (USD bn) | -2.914 2028 | yearly | 1980 - 2028 |
Greece (USD bn) | -9.215 2028 | yearly | 1980 - 2028 |
Grenada (USD bn) | -0.194 2029 | yearly | 2014 - 2029 |
Guatemala (USD bn) | 0.858 2029 | yearly | 1980 - 2029 |
Guinea (USD bn) | -3.055 2029 | yearly | 1980 - 2029 |
Guinea-Bissau (USD bn) | -0.118 2028 | yearly | 1980 - 2028 |
Guyana (USD bn) | 14.259 2028 | yearly | 1980 - 2028 |
Haiti (USD bn) | -0.233 2029 | yearly | 1980 - 2029 |
Honduras (USD bn) | -1.959 2029 | yearly | 1980 - 2029 |
Hong Kong SAR, China (USD bn) | 25.833 2028 | yearly | 1980 - 2028 |
Hungary (USD bn) | 1.409 2028 | yearly | 1980 - 2028 |
Iceland (USD bn) | 0.471 2028 | yearly | 1980 - 2028 |
India (USD bn) | -137.893 2028 | yearly | 1980 - 2028 |
Indonesia (USD bn) | -30.420 2028 | yearly | 1980 - 2028 |
Iran (USD bn) | 18.440 2029 | yearly | 1980 - 2029 |
Iraq (USD bn) | -30.252 2029 | yearly | 2001 - 2029 |
Ireland (USD bn) | 44.016 2028 | yearly | 1980 - 2028 |
Israel (USD bn) | 23.348 2028 | yearly | 1980 - 2028 |
Italy (USD bn) | 53.574 2028 | yearly | 1980 - 2028 |
Ivory Coast (USD bn) | -3.088 2028 | yearly | 1980 - 2028 |
Jamaica (USD bn) | -0.511 2028 | yearly | 1980 - 2028 |
Japan (USD bn) | 154.467 2029 | yearly | 1980 - 2029 |
Jordan (USD bn) | -3.004 2029 | yearly | 1980 - 2029 |
Kazakhstan (USD bn) | -10.333 2028 | yearly | 1992 - 2028 |
Kenya (USD bn) | -7.497 2028 | yearly | 1980 - 2028 |
Kiribati (USD bn) | 0.027 2028 | yearly | 1980 - 2028 |
South Korea (USD bn) | 66.020 2028 | yearly | 1980 - 2028 |
Kosovo (USD bn) | -0.707 2029 | yearly | 2000 - 2029 |
Kuwait (USD bn) | 31.307 2029 | yearly | 1980 - 2029 |
Kyrgyzstan (USD bn) | -0.916 2029 | yearly | 1992 - 2029 |
Laos (USD bn) | -1.018 2028 | yearly | 1980 - 2028 |
Latvia (USD bn) | -1.830 2029 | yearly | 1992 - 2029 |
Lebanon (USD bn) | -7.859 2022 | yearly | 1980 - 2022 |
Lesotho (USD bn) | -0.120 2029 | yearly | 1980 - 2029 |
Liberia (USD bn) | -1.265 2028 | yearly | 2000 - 2028 |
Libya (USD bn) | 7.305 2028 | yearly | 1980 - 2028 |
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Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 6.726 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | -170.9 Dec 2023 | quarterly | Dec 1992 - Dec 2023 |
Total Exports (USD mn) | 1,917.4 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Total Exports Growth (%) | -2.8 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Aluminum: Exports (USD th) | 1,115.303 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 353.170 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 304.331 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 2,088.3 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
Total Imports Growth (%) | 10.5 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
Imports: Medicament (USD th) | 30,246.773 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 37,533.232 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 26.255 Jan 2024 | monthly | Feb 2005 - Jan 2024 |
Total Imports from USA (USD mn) | 2.271 Jan 2024 | monthly | Aug 2003 - Jan 2024 |
Total Exports to China (USD mn) | 336.420 Jan 2024 | monthly | Dec 1996 - Jan 2024 |
Total Imports from China (USD mn) | 402.930 Jan 2024 | monthly | Dec 1996 - Jan 2024 |
Exports: Mineral Products (USD mn) | 630.430 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Exports: Agricultural Products (USD mn) | 108.540 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Exports: Wood Products, Pulp of Wood and Paper (USD mn) | 197.440 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) | 303.650 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Exports: Plastic and Rubber Products (USD mn) | 97.010 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Imports: Electrical Machinery and Equipment (USD mn) | 232.170 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Imports: Iron, Steel and Other Metal Products (USD mn) | 178.270 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Imports: Machinery and Mechanical Equipment (USD mn) | 148.870 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) | 260.310 Sep 2023 | quarterly | Dec 2018 - Sep 2023 |
Exports: Extra-ASEAN: India (USD th) | 102,124.000 2022 | yearly | 2008 - 2022 |
Balance of Payments | Last | Frequency | Range |
---|---|---|---|
Current Account Balance (USD mn) | -90.1 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Current Account Balance: % of GDP (%) | -3.0 2022 | yearly | 1984 - 2022 |
Foreign Direct Investment (USD mn) | 394.2 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Foreign Direct Investment: % of GDP (%) | 4.7 2022 | yearly | 1988 - 2022 |
Foreign Portfolio Investment (USD mn) | -100.146 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Portfolio Investment: % of GDP (%) | 0.9 2022 | yearly | 1984 - 2022 |
Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Foreign Portfolio Investment: Debt Securities (USD mn) | -100.180 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
External Debt (USD mn) | 10,234.8 2022 | yearly | 1996 - 2022 |
External Debt: % of GDP (%) | 68.0 2022 | yearly | 1996 - 2022 |
Forecast: Current Account Balance (USD bn) | -1.018 2028 | yearly | 1980 - 2028 |
BoP: FA: Porfolio Investment (USD mn) | 361.05 Dec 2017 | quarterly | Mar 2004 - Dec 2017 |
FDI: France (USD th) | 0.000 2021 | yearly | 2000 - 2021 |
FDI: Korea (USD th) | 6,183.504 2021 | yearly | 2000 - 2021 |
FDI: China (USD th) | 1,254,236.569 2021 | yearly | 2000 - 2021 |
FDI: Thailand (USD th) | 341,152.687 2021 | yearly | 2000 - 2021 |
FDI: Vietnam (USD th) | 176,991.125 2021 | yearly | 2000 - 2021 |
FDI (USD th) | 7,927,677.215 2019 | yearly | 2010 - 2019 |
FDI: Agriculture, Forestry and Fishing (USD mn) | 381.683 2017 | yearly | 2015 - 2017 |
FDI: Mining and Quarrying (USD mn) | 126.792 2017 | yearly | 2015 - 2017 |
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) | 711.800 2017 | yearly | 2015 - 2017 |
Foreign Direct Investment (FDI) (USD mn) | 976.474 2022 | yearly | 2000 - 2022 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.4 Dec 2023 | quarterly | Dec 2017 - Dec 2023 |
Money Supply M1 (USD mn) | 1,038.082 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Money Supply M2 (USD mn) | 13,202.831 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
M2 Growth (%) | 33.3 Dec 2023 | quarterly | Dec 2000 - Dec 2023 |
Reserve Requirement Ratio (%) | 8.0 Apr 2024 | monthly | Jan 2002 - Apr 2024 |
Foreign Exchange Reserves (USD mn) | 1,782.0 Sep 2023 | monthly | Dec 1988 - Sep 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 2.7 Sep 2023 | quarterly | Mar 2004 - Sep 2023 |
Gold Reserves (USD mn) | 31.692 May 2021 | monthly | Jan 1989 - May 2021 |
Total Deposits (USD mn) | 12,890.616 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
Total Deposits Growth (%) | 33.2 Sep 2023 | quarterly | Dec 2005 - Sep 2023 |
Domestic Credit (USD mn) | 9,997.4 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
Domestic Credit Growth (%) | 23.4 Dec 2023 | quarterly | Dec 1992 - Dec 2023 |
Total Loans (USD mn) | 8,667.662 Dec 2023 | quarterly | Dec 2004 - Dec 2023 |
Total Loans Growth (%) | 29.19 Dec 2023 | quarterly | Dec 2005 - Dec 2023 |
Private Debt: % of Nominal GDP (%) | 54.41 2022 | yearly | 2012 - 2022 |
Monetary Survey: Narrow Money (M1) (LAK bn) | 19,891.731 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
Monetary Survey: Broad Money (M2) (LAK bn) | 252,992.649 Dec 2023 | quarterly | Dec 1991 - Dec 2023 |
Reserve Requirement Rate: LAK (%) | 8.000 2023 | yearly | 1989 - 2023 |
Commercial Banks (CB): Deposits (LAK bn) | 245,282.640 Sep 2023 | quarterly | Dec 2004 - Sep 2023 |
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