Fiscal Situation of General Government: Net Lending/borrowing for Lao People's Democratic Republic
LAOGGXCNLG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.77
Year-over-Year Change
-85.95%
Date Range
1/1/2000 - 1/1/2029
Summary
This economic trend measures the net lending or borrowing position of the Lao government relative to its GDP. It is a key indicator of fiscal sustainability and a country's financial health.
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 net lending/borrowing metric represents the difference between government revenue and expenditure. A positive value indicates a fiscal surplus, while a negative value signals a deficit that must be financed. This data point provides insight into Lao's fiscal policy and macroeconomic stability.
Methodology
The data is collected and reported by the International Monetary Fund.
Historical Context
Economists and policymakers use this metric to assess a country's fiscal discipline and ability to manage public debt.
Key Facts
- Lao's net lending/borrowing averaged -5.7% of GDP from 2010-2020.
- A negative net lending position indicates Lao has run persistent fiscal deficits.
- Improving the fiscal balance is a key economic priority for the Lao government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the net lending or borrowing position of the Lao government relative to its GDP, providing insight into the country's fiscal sustainability and macroeconomic stability.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing a country's fiscal discipline, ability to manage public debt, and the overall health of its public finances.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to evaluate Lao's fiscal policy and make assessments about its macroeconomic stability and ability to manage public finances.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Fiscal Situation of General Government: Net Lending/borrowing for Lao People's Democratic Republic (LAOGGXCNLG01GDPPT), retrieved from FRED.