Bank assets as a share of GDP reached 21.3 % in 2010 in Laos, according to the National Central Bank. This is 29.6 % more than in the previous year.
Historically, bank assets as a share of GDP in Laos reached an all time high of 21.3 % in 2010 and an all time low of 5.51 % in 1990. When compared to Laos's main peers, bank assets as a share of GDP in Cambodia amounted to 53.8 %, 232 % in China, 94.1 % in Thailand and 108 % in Vietnam in 2010.
Laos has been ranked 153rd within the group of 165 countries we follow in terms of bank assets as a share of GDP, 22 places behind the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.