Net ODA received in Lao People's Democratic Republic
Lao People's Democratic Republic: Net ODA received was 5.3% in 2023. ◆ Volatile
Net ODA received in Lao People's Democratic Republic, 1984–2023
Source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD). Measured in % of imports of goods, services and primary income.
Analysis
In 2023, net oda received in Lao People's Democratic Republic stood at 5.3%. That is the lowest value across all 40 years on record.
The figure is down 9.0% on the previous year and down 45.7% over ten years.
Over the whole period, net oda received in Lao People's Democratic Republic peaked at 53.7% in 1992 and was at its lowest, 5.3%, in 2023.
That places Lao People's Democratic Republic 65th out of 153 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net ODA received in Lao People's Democratic Republic, year by year
| Year | % of imports of goods, services and primary income | Change |
|---|---|---|
| 1984 | 15.0% | — |
| 1985 | 15.0% | -0.3% |
| 1986 | 18.4% | +22.4% |
| 1987 | 21.2% | +15.3% |
| 1988 | 39.3% | +85.6% |
| 1989 | 48.1% | +22.3% |
| 1990 | 48.7% | +1.4% |
| 1991 | 43.6% | -10.4% |
| 1992 | 53.7% | +23.0% |
| 1993 | 36.9% | -31.3% |
| 1994 | 31.8% | -13.8% |
| 1995 | 36.2% | +13.7% |
| 1996 | 35.4% | -2.0% |
| 1997 | 33.0% | -6.9% |
| 1998 | 33.3% | +0.8% |
| 1999 | 45.9% | +38.2% |
| 2000 | 36.6% | -20.3% |
| 2001 | 34.5% | -5.7% |
| 2002 | 45.0% | +30.2% |
| 2003 | 47.3% | +5.3% |
| 2004 | 28.8% | -39.2% |
| 2005 | 24.1% | -16.4% |
| 2006 | 26.2% | +8.9% |
| 2007 | 28.6% | +9.3% |
| 2008 | 28.8% | +0.6% |
| 2009 | 22.1% | -23.1% |
| 2010 | 14.2% | -35.6% |
| 2011 | 12.9% | -9.4% |
| 2012 | 10.3% | -20.4% |
| 2013 | 9.7% | -5.7% |
| 2014 | 7.4% | -23.4% |
| 2015 | 6.6% | -10.7% |
| 2016 | 5.8% | -11.9% |
| 2017 | 6.5% | +12.0% |
| 2018 | 7.0% | +7.0% |
| 2019 | 7.2% | +2.4% |
| 2020 | 7.5% | +4.4% |
| 2021 | 7.5% | +0.1% |
| 2022 | 5.8% | -22.8% |
| 2023 | 5.3% | -9.0% |
Lao People's Democratic Republic compared with similar countries
- Lao People's Democratic Republic's 5.3% is below the median for lower middle income countries, which is 7.3%, 72% of the median. (47 countries reporting)
- Lao People's Democratic Republic's 5.3% is below the median for East Asia & Pacific, which is 6.5%, 81% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.1% | 15.0% | 48.1% | 6 |
| 1990s | 39.8% | 31.8% | 53.7% | 10 |
| 2000s | 32.2% | 22.1% | 47.3% | 10 |
| 2010s | 8.8% | 5.8% | 14.2% | 10 |
| 2020s | 6.5% | 5.3% | 7.5% | 4 |
Countries ranked near Lao People's Democratic Republic
- 62 Equatorial Guinea 5.9% compare
- 63 Israel 5.4% compare
- 64 Bolivia, Plurinational State of 5.3% compare
- 66 Kosovo 5.2% compare
- 66 Kosovo (UNSCR 1244) 5.2% compare
- 68 Saint Kitts and Nevis 5.2% compare
More aid effectiveness data for Lao People's Democratic Republic
- Net bilateral aid flows from DAC donors, Austria 633,383 current US$ (2023)
- Net bilateral aid flows from DAC donors, Belgium 42,326 current US$ (2019)
- Net bilateral aid flows from DAC donors, Canada 569,498 current US$ (2023)
- Net bilateral aid flows from DAC donors, European Union institutions 56.64 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Switzerland 17.10 million current US$ (2023)
- Net bilateral aid flows from DAC donors, Germany 26.81 million current US$ (2023)
- Net bilateral aid flows from DAC donors, France 15.67 million current US$ (2023)
- Net bilateral aid flows from DAC donors, United Kingdom 135,203 current US$ (2023)
- Net bilateral aid flows from DAC donors, Italy 119,973 current US$ (2022)
- Net bilateral aid flows from DAC donors, Japan 41.74 million current US$ (2023)
Frequently asked questions
- What is net oda received in Lao People's Democratic Republic?
- Net oda received in Lao People's Democratic Republic was 5.3% in 2023, according to Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD).
- What is the highest net oda received recorded in Lao People's Democratic Republic?
- The highest recorded value was 53.7% in 1992.
- What is the lowest net oda received recorded in Lao People's Democratic Republic?
- The lowest recorded value was 5.3% in 2023.
- How does Lao People's Democratic Republic rank for net oda received?
- Lao People's Democratic Republic ranks 65th out of 153 countries with data for 2023.
- Is net oda received rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 45.7%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), published as part of Net ODA received (% of imports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).