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Government Finance of Laos

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

12.1% 14.6% 72.7%
  • Personal income taxes: 12.1%
  • Corporate income taxes: 14.6%
  • Property taxes: 0.6%
  • Goods and services taxes: 72.7%
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Personal income taxes
12.1%
Corporate income taxes
14.6%
Property taxes
0.6%
Goods and services taxes
72.7%

Source: OECD Global Revenue Statistics Database, 2023.

Government Debt

Government Gross Debt (% of GDP) 74.6% #43 / 184 2026
Government Gross Debt (Local currency - LAK) 326.68T - 2026
Government Net Debt (% of GDP) No data - -
Government Net Debt (Local currency - LAK) No data - -

Fiscal Balance

Fiscal Balance (% of GDP) 0.4% #25 / 189 2026
Fiscal Balance (Local currency - LAK) 1.57T - 2026
Primary Fiscal Balance (% of GDP) 3.3% #12 / 182 2026
Primary Fiscal Balance (Local currency - LAK) 14.61T - 2026

Revenue and Spending

Government Revenue (% of GDP) 19.2% #143 / 189 2026
Government Revenue (Local currency - LAK) 84.1T - 2026
Government Spending (% of GDP) 18.9% #163 / 189 2026
Government Spending (Local currency - LAK) 82.53T - 2026

International Reserves

Total Reserves (USD) 2.21B #118 / 163 2024

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