Interest Payments on Government Debt (As % of Government Revenue) rose to 8.61% in Laos in 2017

Interest Payments on Government Debt (As % of Government Revenue) (%)
Economy | Laos | May 17, 2019
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Interest payments on government debt as a share of government revenue reached 8.61 % in 2017 in Laos, according to the National Statistical Office. This is 29.8 % more than in the previous year.

Historically, interest payments on government debt as a share of government revenue in Laos reached an all time high of 8.61 % in 2017 and an all time low of 3.07 % in 2007. When compared to Laos's main peers, interest payments on government debt as a share of government revenue in Cambodia amounted to 1.57 % and 4.79 % in Thailand in 2017.

Laos has been ranked 36th within the group of 103 countries we follow in terms of interest payments on government debt as a share of government revenue, 48 places above the position seen 10 years ago.

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

Interest Payments on Government Debt (As % of Government Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Cambodia % 1.77% 1.62% 1.86% 1.77% 1.64%
China % 3.32% 3.43% 3.56% 2.56% 3.24% ...
India % 22.8% 24.9% 25.7% ... ... ... ...
Japan % 16.3% 15.5% 14.4% 13.2% 12.7%
Laos % 3.21% 3.48% 5.13% 3.94% 4.72%
Malaysia % 9.55% 9.40% 9.74% 10.2% 11.1%
Myanmar % ... ... ... 6.74% 6.54% 6.03% 6.29%
Russia % 1.52% 1.76% 1.94% 2.01% 2.65%
Thailand % 5.95% 5.97% 5.35% 5.60% 4.83%
USA % 16.4% 15.5% 13.1% 13.2% 12.4%
Vietnam % 4.46% 5.80% 6.92% ... ... ... ...