Lao PDR—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #83 of 117Updated April 2026
Latest Value
17.7%
2024
YoY Change
+106.2%
2018 → 2024
Global Rank
#83
of 117 countries
Maximum
20.6%
2012
Minimum
0.0%
2009
Last
17.7%
Previous
8.6%
Highest
20.6%
Lowest
0.0%
Source
World Bank World Development Indicators
Lao PDR's firms using banks to finance investment (%) was 17.7% in 2024, ranking #83 out of 117 countries. This represents a +106.2% change from 2018. Over the past 5 years, the highest recorded value was 20.6% (2012) and the lowest was 0.0% (2009). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 17.7% | +106.2% |
| 2018 | 8.6% | -46.2% |
| 2016 | 15.9% | -22.8% |
| 2012 | 20.6% | |
| 2009 | 0.0% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.