Formal Savings Statistics in Laos (2026)
As of the 2024 data, 14.9% of adults in Laos saved at a formal financial institution, per World Bank Global Findex. Down from 17.1% in 2021 to 14.9% in 2024 (−2.2 percentage points). Laos ranks #13 of 16 economies in East Asia & Pacific on this measure, and #94 of 142 globally.
Key Statistics
- Latest value (2024)
- 14.9% (2024)
- Formal Savings in Laos as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −2.2 pp (2024)
- Down from 17.1% in 2021 to 14.9% in 2024 (−2.2 percentage points).
- Earliest value in this dataset (2011)
- 19.4% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 19.4% in 2011 to 14.9% in 2024.
- Peak value (2011)
- 19.4% (2011)
- Highest value in the available series; the 2024 value is 14.9%.
- Rank in East Asia & Pacific
- #13 of 16 (2024)
- Laos ranks 13 of 16 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #94 of 142 (2024)
- Laos ranks 94 of 142 countries with data globally.
- East Asia & Pacific average
- 42.9% (2024)
- Laos (14.9%) is below the average of 42.9% across the 16 countries in East Asia & Pacific with data.
- Among women (2024)
- 16.4% (2024)
- Value for women in Laos, same 2024 World Bank Global Findex data.
- Among men (2024)
- 13.3% (2024)
- Value for men in Laos, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- +3.1 pp (2024)
- In 2024, the figure was 16.4% for women and 13.3% for men — 3.1 percentage points higher among women.
- In rural areas (2024)
- 14.7% (2024)
- Value for rural residents of Laos in 2024.
- Rural gap vs national
- −0.2 pp (2024)
- Rural residents (14.7%) are 0.2 percentage points below the national figure (14.9%).
- Among the poorest 40% (2024)
- 7.4% (2024)
- Value for adults in the poorest 40% of households in Laos in 2024.
- Poorest-40% gap vs national
- −7.5 pp (2024)
- The poorest 40% (7.4%) are 7.5 percentage points below the national figure (14.9%).
- Internet use in Laos (2024)
- 65.6% (2024)
- 65.6% of the population in Laos used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 7.8 million (2024)
- Laos had a population of 7.8 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 14.9% | −2.2 pp |
| 2021 | 17.1% | −1.0 pp |
| 2017 | 18% | −1.3 pp |
| 2011 | 19.4% | — |
Frequently asked questions
What share of adults in Laos saved at a formal financial institution?
14.9% of adults in Laos saved at a formal financial institution in 2024, according to World Bank Global Findex data.
How has formal savings in Laos changed over time?
World Bank Global Findex data show a decline from 19.4% in 2011 to 14.9% in 2024.
How does Laos compare with other countries in East Asia & Pacific?
Laos ranks 13 of 16 countries in East Asia & Pacific with data, with 14.9% versus a regional average of 42.9% (latest values per country).
Where does Laos rank globally on formal savings?
Laos ranks 94 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in formal savings in Laos?
Yes — in 2024 the figure was 16.4% for women and 13.3% for men, a gap of 3.1 percentage points in favor of women.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .