Laos Tax Revenue: % of GDP

2012 - 2023 | Yearly | % | CEIC Data

Key information about Laos Tax revenue: % of GDP

  • Laos Tax revenue: % of GDP was reported at 13.0 % in Dec 2023.
  • This records an increase from the previous number of 11.6 % for Dec 2022.
  • Laos Tax revenue: % of GDP data is updated yearly, averaging 12.4 % from Dec 2012 to 2023, with 12 observations.
  • The data reached an all-time high of 14.1 % in 2013 and a record low of 9.1 % in 2020.
  • Laos Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Annual.

CEIC calculates annual Tax Revenue as % of Nominal GDP from annual Tax Revenue and annual Nominal GDP. The Bank of the Lao PDR provides Tax Revenue in local currency. Lao Statistics Bureau provides Nominal GDP in local currency.

View Laos's Tax Revenue: % of GDP from 2012 to 2023 in the chart:

Laos Tax Revenue: % of GDP

What was Laos's Tax Revenue: % of GDP in 2023?

Laos Tax revenue: % of GDP was reported at 13.0 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
13.0 2023 11.6 2022 9.1 2020 14.1 2013 % yearly 2012 - 2023

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 19.2 2023 yearly 2008 - 2023
Algeria (%) 4.8 2023 yearly 1997 - 2023
Argentina (%) 17.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 33.5 Jun 2024 quarterly Sep 2002 - Jun 2024
Austria (%) 27.2 Jun 2024 quarterly Mar 2001 - Jun 2024
Azerbaijan (%) 17.9 2023 yearly 1993 - 2023
Bahrain (%) 5.3 2023 yearly 1990 - 2023
Bangladesh (%) 7.8 2023 yearly 2006 - 2023
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.8 2023 yearly 1980 - 2023
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.6 2023 yearly 2005 - 2023
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 15.9 Sep 2024 quarterly Sep 1994 - Sep 2024
Brunei (%) 1.8 2023 yearly 2010 - 2023
Bulgaria (%) 31.5 Jun 2024 quarterly Mar 2003 - Jun 2024
Cambodia (%) 13.5 2022 yearly 2009 - 2022
Canada (%) 13.2 Jun 2024 quarterly Mar 1996 - Jun 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 11.3 Sep 2024 quarterly Mar 1995 - Sep 2024
Colombia (%) 16.8 Jun 2024 quarterly Mar 2000 - Jun 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 20.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Czech Republic (%) 19.8 Jun 2024 quarterly Mar 1995 - Jun 2024
Denmark (%) 44.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ecuador (%) 15.4 Jun 2024 quarterly Mar 2000 - Jun 2024
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 23.4 Jun 2024 quarterly Mar 1999 - Jun 2024
European Union (%) 25.8 2023 yearly 1995 - 2023
Finland (%) 33.0 Jun 2024 quarterly Mar 1999 - Jun 2024
France (%) 15.9 Sep 2024 quarterly Mar 2006 - Sep 2024
Georgia (%) 26.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Germany (%) 23.4 Jun 2024 quarterly Mar 1991 - Jun 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 31.7 Jun 2024 quarterly Mar 1999 - Jun 2024
Hong Kong SAR, China (%) 6.7 Jun 2024 quarterly Sep 1979 - Jun 2024
Hungary (%) 26.1 Jun 2024 quarterly Mar 1999 - Jun 2024
Iceland (%) 30.9 Jun 2024 quarterly Mar 2002 - Jun 2024
India (%) 7.1 Jun 2024 quarterly Jun 1997 - Jun 2024
Indonesia (%) 9.5 Sep 2024 quarterly Mar 2014 - Sep 2024
Iran (%) 4.9 2021 yearly 1996 - 2021
Ireland (%) 20.5 Jun 2024 quarterly Mar 2000 - Jun 2024
Israel (%) 22.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Italy (%) 29.3 Jun 2024 quarterly Mar 1999 - Jun 2024
Ivory Coast (%) 13.1 2023 yearly 1960 - 2023
Japan (%) 15.4 Jun 2024 quarterly Jun 1983 - Jun 2024
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 15.3 Dec 2023 quarterly Mar 2008 - Dec 2023
Kenya (%) 7.0 2023 yearly 2006 - 2023
South Korea (%) 13.2 Jun 2024 quarterly Mar 2000 - Jun 2024
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.1 2023 yearly 1986 - 2023
Kyrgyzstan (%) 30.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Laos (%) 13.0 2023 yearly 2012 - 2023
Latvia (%) 24.9 Jun 2024 quarterly Mar 1999 - Jun 2024
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 25.2 Jun 2024 quarterly Mar 1999 - Jun 2024
Luxembourg (%) 29.4 2023 yearly 1995 - 2023
Macau SAR, China (%) 22.2 2023 yearly 2002 - 2023
North Macedonia (%) 20.2 Jun 2024 quarterly Mar 2004 - Jun 2024
Malawi (%) 12.8 2022 yearly 2009 - 2022
Malaysia (%) 11.3 Jun 2024 quarterly Mar 1991 - Jun 2024
Malta (%) 25.1 Jun 2024 quarterly Mar 2000 - Jun 2024
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 15.1 Jun 2024 quarterly Mar 1993 - Jun 2024
Moldova (%) 21.0 2023 yearly 2004 - 2023
Mongolia (%) 25.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Montenegro (%) 28.8 Jun 2024 quarterly Mar 2012 - Jun 2024
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 26.6 Jun 2024 quarterly Mar 1999 - Jun 2024
New Zealand (%) 30.8 2023 yearly 1999 - 2023
Norway (%) 31.3 Jun 2024 quarterly Mar 2002 - Jun 2024
Oman (%) 4.5 2023 yearly 1996 - 2023
Pakistan (%) 5.8 2023 yearly 2000 - 2023
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 6.7 Jun 2024 quarterly Mar 2007 - Jun 2024
Paraguay (%) 13.6 Jun 2024 quarterly Mar 1998 - Jun 2024
Peru (%) 15.2 Jun 2024 quarterly Mar 1990 - Jun 2024
Philippines (%) 15.6 Sep 2024 quarterly Mar 1985 - Sep 2024
Poland (%) 16.9 Jun 2024 quarterly Mar 2007 - Jun 2024
Portugal (%) 22.0 Mar 2024 quarterly Mar 1999 - Mar 2024
Russia (%) 21.4 Jun 2024 quarterly Mar 1996 - Jun 2024
Serbia (%) 42.4 Jun 2024 quarterly Mar 2005 - Jun 2024
Singapore (%) 16.7 Jun 2024 quarterly Dec 1987 - Jun 2024
Slovakia (%) 14.0 Jun 2024 quarterly Mar 2005 - Jun 2024
Slovenia (%) 22.8 Jun 2024 quarterly Mar 2000 - Jun 2024
South Africa (%) 21.8 Jun 2024 quarterly Mar 1990 - Jun 2024
Spain (%) 23.6 2023 yearly 1995 - 2023
Sri Lanka (%) 12.9 Jun 2024 quarterly Mar 2014 - Jun 2024
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 21.2 2023 yearly 1995 - 2023
Switzerland (%) 26.7 2022 yearly 1990 - 2022
Taiwan (%) 25.2 Jun 2024 quarterly Mar 1975 - Jun 2024
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.2 2023 yearly 1990 - 2023
Tunisia (%) 25.4 2023 yearly 1991 - 2023

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Laos Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.6 2023 yearly 2012 - 2023
Consolidated Fiscal Balance (USD mn) 96.753 2023 yearly 2010 - 2023
Tax Revenue (USD mn) 1,949.450 2023 yearly 2010 - 2023
Tax Revenue: % of GDP (%) 13.0 2023 yearly 2012 - 2023
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.726 2028 yearly 1980 - 2028
Trade Balance (USD mn) -71.8 Jun 2024 quarterly Dec 1992 - Jun 2024
Total Exports (USD mn) 2,147.0 Jun 2024 quarterly Mar 2004 - Jun 2024
Total Exports Growth (%) 2.9 Jun 2024 quarterly Mar 2005 - Jun 2024
Aluminum: Exports (USD th) 1,135.414 2023 yearly 1995 - 2023
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) 2,218.8 Jun 2024 quarterly Mar 2004 - Jun 2024
Total Imports Growth (%) 21.9 Jun 2024 quarterly Mar 2005 - Jun 2024
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) 3.515 Jul 2024 monthly Feb 2005 - Jul 2024
Total Imports from USA (USD mn) 21.344 Jul 2024 monthly Aug 2003 - Jul 2024
Total Exports to China (USD mn) 203.417 Jul 2024 monthly Dec 1996 - Jul 2024
Total Imports from China (USD mn) 148.187 Jul 2024 monthly Dec 1996 - Jul 2024
Exports: Mineral Products (USD mn) 428.110 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Agricultural Products (USD mn) 202.210 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 186.790 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 379.750 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Electrical Machinery and Equipment (USD mn) 270.710 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Plastic and Rubber Products (USD mn) 128.590 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Iron, Steel and Other Metal Products (USD mn) 157.940 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Machinery and Mechanical Equipment (USD mn) 163.400 Dec 2023 quarterly Dec 2018 - Dec 2023
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 245.910 Dec 2023 quarterly Dec 2018 - Dec 2023
Exports: Extra-ASEAN: India (USD th) 102,124.000 2022 yearly 2008 - 2022
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 99.478 2021 yearly 2000 - 2021
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) -172.6 Jun 2024 quarterly Mar 1994 - Jun 2024
Current Account Balance: % of GDP (%) 2.7 2023 yearly 1984 - 2023
Foreign Direct Investment (USD mn) 318.2 Jun 2024 quarterly Mar 2001 - Jun 2024
Foreign Direct Investment: % of GDP (%) 11.9 2023 yearly 1988 - 2023
Foreign Portfolio Investment (USD mn) 0.000 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) -0.3 2023 yearly 1984 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 1994 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Jun 2024 quarterly Mar 1999 - Jun 2024
External Debt (USD mn) 10,253.1 2023 yearly 1996 - 2023
External Debt: % of GDP (%) 74.2 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) 0.176 2029 yearly 1980 - 2029
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: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
FDI: Korea (USD th) 6,183.504 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 (%) 1.7 Mar 2024 quarterly Dec 2017 - Mar 2024
Money Supply M1 (USD mn) 978.693 Jun 2024 quarterly Dec 1999 - Jun 2024
Money Supply M2 (USD mn) 14,049.430 Jun 2024 quarterly Dec 1999 - Jun 2024
M2 Growth (%) 34.6 Jun 2024 quarterly Dec 2000 - Jun 2024
Reserve Requirement Ratio (%) 8.0 Oct 2024 monthly Jan 2002 - Oct 2024
Foreign Exchange Reserves (USD mn) 1,819.3 Jun 2024 monthly Dec 1988 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.5 Jun 2024 quarterly Mar 2004 - Jun 2024
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 14,519.422 Mar 2024 quarterly Dec 2004 - Mar 2024
Total Deposits Growth (%) 39.3 Mar 2024 quarterly Dec 2005 - Mar 2024
Domestic Credit (USD mn) 10,487.5 Jun 2024 quarterly Dec 1991 - Jun 2024
Domestic Credit Growth (%) 29.9 Jun 2024 quarterly Dec 1992 - Jun 2024
Total Loans (USD mn) 9,034.637 Jun 2024 quarterly Dec 2004 - Jun 2024
Total Loans Growth (%) 29.03 Jun 2024 quarterly Dec 2005 - Jun 2024
Private Debt: % of Nominal GDP (%) 56.65 2023 yearly 2012 - 2023
Monetary Survey: Narrow Money (M1) (LAK bn) 20,156.187 Jun 2024 quarterly Dec 1991 - Jun 2024
Monetary Survey: Broad Money (M2) (LAK bn) 289,348.005 Jun 2024 quarterly Dec 1991 - Jun 2024
Reserve Requirement Rate: LAK (%) 8.000 2023 yearly 1989 - 2023
Commercial Banks (CB): Loans: Total (LAK bn) 186,068.356 Jun 2024 quarterly Dec 2004 - Jun 2024

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