Fiscal Balance in Laos
In the year 2024, the fiscal balance in Laos was 2.34%, compared to -3.13% in 2014 and -0.01% in 2023. It averaged -2.78% over the last decade. For more information on fiscal balance, visit our dedicated page
Laos Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Laos from 2014 to 2024.
Source: Macrobond.
Laos Fiscal Balance Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -5.4 | -0.7 | 0.1 | 0.0 | 2.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Laotian fiscal balance projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Laotian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Laotian fiscal balance projections.
Want to get access to the full dataset of Laotian fiscal balance forecasts? Send an email to info@focus-economics.com.