Foreign debt rose 8.61% to USD 16,701 bil in Laos in 2019, according to the National Statistical Office.
Historically, foreign debt in Laos reached an all time high of USD 16,701 bil in 2019 and an all time low of USD 8.35 bil in 1970. When compared to Laos's main peers, foreign debt in Cambodia amounted to USD 15,318 bil, USD 2,114,163 bil in China, USD 180,230 bil in Thailand and USD 117,344 bil in Vietnam in 2019.
Laos has been ranked 48th within the group of 110 countries we follow in terms of foreign debt, 6 places above the position seen 10 years ago.
Foreign Debt (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Cambodia | USD bil | 9,436 | 10,060 | 11,425 | 13,533 | 15,342 | ||||||||||||||||
China | USD bil | 1,333,769 | 1,413,904 | 1,704,594 | 1,961,562 | 2,114,162 | ||||||||||||||||
India | USD bil | 478,826 | 455,502 | 511,473 | 521,030 | 560,871 | ||||||||||||||||
Japan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Laos | USD bil | 11,642 | 13,535 | 14,696 | 15,533 | 16,571 | ||||||||||||||||
Malaysia | USD bil | 190,951 | ... | ... | ... | ... | ... | ... | ||||||||||||||
Myanmar | USD bil | 10,220 | 10,112 | 10,783 | 10,729 | 11,178 | ||||||||||||||||
Russia | USD bil | 492,191 | 535,225 | 519,203 | 477,785 | 485,793 | ||||||||||||||||
Thailand | USD bil | 132,186 | 139,220 | 161,647 | 172,494 | 179,773 | ||||||||||||||||
USA | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Vietnam | USD bil | 77,833 | 85,665 | 104,091 | 106,855 | 117,338 |