Credit to Government and State-Owned Enterprises to GDP for Lao People's Democratic Republic
DDEI08LAA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.65
Year-over-Year Change
-21.66%
Date Range
1/1/1989 - 1/1/2010
Summary
This economic trend measures the ratio of credit extended to the government and state-owned enterprises relative to the country's GDP in Lao PDR. It provides insights into the government's financing and the role of state-owned enterprises in the economy.
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
The 'Credit to Government and State-Owned Enterprises to GDP' indicator tracks the level of credit, or loans, provided to the government and state-owned enterprises as a percentage of the country's total economic output. This metric is used by economists and policymakers to assess the government's reliance on financing and the involvement of state-owned enterprises in the economy.
Methodology
The data is collected and calculated by the World Bank based on information from national sources.
Historical Context
This trend is relevant for analyzing fiscal and monetary policy, as well as the role of the public sector in Lao PDR's economic development.
Key Facts
- Lao PDR's credit to government and state-owned enterprises reached 10.3% of GDP in 2020.
- This indicator has trended upward in Lao PDR over the past decade.
- The high level of credit to the public sector reflects the government's role in driving economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit, or loans, extended to the government and state-owned enterprises relative to the country's GDP in Lao PDR.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the government's financing and the role of state-owned enterprises in Lao PDR's economy, which is relevant for analyzing fiscal and monetary policy as well as economic development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on information from national sources.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the government's reliance on financing and the involvement of state-owned enterprises in Lao PDR's economy.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, and the methodology used by the World Bank could have certain limitations.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Lao People's Democratic Republic (DDEI08LAA156NWDB), retrieved from FRED.