Share of government expenditure going to interest payments in Lao People's Democratic Republic

Lao People's Democratic Republic: Share of government expenditure going to interest payments was 16.99 in 2022. ▲ Rising

Latest (2022)
16.99
Change on year
up 54.4%
World rank
18th
of 152 countries
All-time high
16.99
in 2022
All-time low
4.61
in 2009
Years of data
15
2008–2022

Share of government expenditure going to interest payments in Lao People's Democratic Republic, 2008–2022

57.51012.51517.52008201520222008: 72009: 4.62010: 6.12011: 5.92012: 6.62013: 6.42014: 5.32015: 6.42016: 7.72017: 112018: 13.82019: 14.22020: 13.32021: 112022: 17

Source: Our World in Data.

Analysis

In 2022, share of government expenditure going to interest payments in Lao People's Democratic Republic stood at 16.99. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 54.4% on the previous year and up 157.8% over ten years.

Over the whole period, share of government expenditure going to interest payments in Lao People's Democratic Republic peaked at 16.99 in 2022 and was at its lowest, 4.61, in 2009.

That places Lao People's Democratic Republic 18th out of 152 countries with data for 2022, putting it in the top quarter.

The long-run direction has been consistently rising across the 15 years of available data.

Share of government expenditure going to interest payments in Lao People's Democratic Republic, year by year

Annual values for Share of government expenditure going to interest payments in Lao People's Democratic Republic, 2008 to 2022.
Year Value Change
2008 7.04
2009 4.61 -34.5%
2010 6.13 +32.9%
2011 5.92 -3.5%
2012 6.59 +11.4%
2013 6.37 -3.4%
2014 5.32 -16.4%
2015 6.45 +21.1%
2016 7.74 +20.0%
2017 11.01 +42.2%
2018 13.84 +25.8%
2019 14.17 +2.4%
2020 13.28 -6.3%
2021 11.01 -17.1%
2022 16.99 +54.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.83 4.61 7.04 2
2010s 8.35 5.32 14.17 10
2020s 13.76 11.01 16.99 3

Countries ranked near Lao People's Democratic Republic

  1. 15 Bahrain 18.91 compare
  2. 16 Bahamas 18.44 compare
  3. 17 Dominican Republic 17.5 compare
  4. 19 Costa Rica 16.71 compare
  5. 20 Jordan 16.51 compare
  6. 21 Kenya 16.38 compare

See the full ranking of 152 places →

More reference data data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is share of government expenditure going to interest payments in Lao People's Democratic Republic?
Share of government expenditure going to interest payments in Lao People's Democratic Republic was 16.99 in 2022, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Lao People's Democratic Republic?
The highest recorded value was 16.99 in 2022.
What is the lowest share of government expenditure going to interest payments recorded in Lao People's Democratic Republic?
The lowest recorded value was 4.61 in 2009.
How does Lao People's Democratic Republic rank for share of government expenditure going to interest payments?
Lao People's Democratic Republic ranks 18th out of 152 countries with data for 2022.
Is share of government expenditure going to interest payments rising or falling in Lao People's Democratic Republic?
Over the last ten years it is up 157.8%. The long-run trend across the full record is rising.
Where does this Lao People's Democratic Republic data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Lao People's Democratic Republic. Statizoid, drawing on Our World in Data. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/lao-pdr/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed