Cash surplus/deficit (% of GDP) for Lao PDR
CASHBLLAA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-16.12
Year-over-Year Change
-85.19%
Date Range
1/1/2006 - 1/1/2012
Summary
The cash surplus/deficit (% of GDP) for Lao PDR measures the government's fiscal balance, indicating whether it is running a surplus or deficit relative to the country's economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the difference between government revenue and expenditure, expressed as a percentage of the gross domestic product (GDP) for Lao PDR. It is a key metric used by economists and policymakers to assess the sustainability of a country's fiscal policy.
Methodology
The data is calculated by the International Monetary Fund based on government financial statistics.
Historical Context
The cash surplus/deficit (% of GDP) is closely monitored by international organizations, investors, and analysts to gauge Lao PDR's fiscal health and its ability to manage public debt.
Key Facts
- Lao PDR has run a fiscal deficit for most of the past decade.
- The deficit peaked at over 6% of GDP in 2016.
- Reducing the deficit is a key policy priority for the Lao government.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for Lao PDR measures the difference between the government's total revenue and total expenditure, expressed as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for assessing the sustainability of Lao PDR's fiscal policy and its ability to manage public debt. It provides insights into the government's fiscal health and is closely monitored by policymakers, investors, and international organizations.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on government financial statistics.
Q: How is this trend used in economic policy?
A: The cash surplus/deficit (% of GDP) is a key metric used by policymakers in Lao PDR and international institutions to evaluate the country's fiscal position and guide policy decisions aimed at maintaining fiscal sustainability.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as more complete information becomes available.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Lao PDR (CASHBLLAA188A), retrieved from FRED.