# Laos Credit Rating & Sovereign Risk Score

Makrognosis sovereign credit model scores Laos at 47 out of 100 as of 9 November 2026, equivalent to BB on the familiar letter scale — speculative grade.
The score is unchanged from the previous assessment on 1 October 2026.
That places Laos 73rd of the 84 economies the model scores; Russia has the highest score at 100.
Key inputs include government debt of 72.0% of GDP, a fiscal balance of −0.9% of GDP, a current account balance of 3.2% of GDP.
This is a model-implied assessment built from official macroeconomic data. It is not a credit rating issued by S&P, Moody's or Fitch, and agency ratings are not reproduced here.

- Source: Makrognosis sovereign credit model
- Makrognosis code: `CREDIT:LAO`
- Scale: 0–100 (100 = strongest credit); grade equivalent is model-implied
- Page: https://makrognosis.robomacro.com/data/laos/credit-rating

## Score history

| Date | Score | Grade equivalent |
|---|---:|---|
| 2026-11-09 | 46.9 | BB |
| 2026-10-01 | 46.9 | BB |
| 2026-07-31 | 46.9 | BB |
| 2026-07-30 | 24.5 | B- |
| 2026-07-26 | 21.5 | CCC+ |
| 2026-06-21 | 30.4 | B |
| 2026-06-18 | 20.2 | CCC+ |

## Inputs

| Input | Value |
|---|---:|
| GDP per capita | US$2,324.8 |
| Real GDP growth, 5-year average | 3.0% |
| Inflation, recent average | 0.3% |
| Government debt | 72.0% of GDP |
| Fiscal balance | −0.9% of GDP |
| Current account balance | 3.2% of GDP |
| External debt | 115.4% of GDP |
| Foreign-exchange reserves | 2.4 months of imports |
| Governance (World Bank WGI composite) | −0.642 |

## API

```
GET https://makrognosis.robomacro.com/v1/credit/LAO
```