Lao People's Democratic Republic vs Russian Federation: Final consumption expenditure
Final consumption expenditure over time
- Lao People's Democratic Republic
- Russian Federation
How they compare
Lao People's Democratic Republic currently reports 90.09 trillion constant LCU against 81.36 trillion constant LCU in Russian Federation, a difference of 8.73 trillion constant LCU.
That makes Lao People's Democratic Republic's figure about 1.1 times Russian Federation's.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Russian Federation ahead.
Lao People's Democratic Republic ranks 16th and Russian Federation ranks 17th of 176 countries.
Across the 2 decades both report, Lao People's Democratic Republic averaged higher in 1 and Russian Federation in 1.
Head to head by decade
| Decade | Lao People's Democratic Republic | Russian Federation | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 36.93 trillion constant LCU | 43.48 trillion constant LCU | 6.54 trillion constant LCU | Russian Federation |
| 2010s | 76.91 trillion constant LCU | 63.17 trillion constant LCU | 13.73 trillion constant LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Lao People's Democratic Republic or Russian Federation?
- Lao People's Democratic Republic, at 90.09 trillion constant LCU against 81.36 trillion constant LCU in Russian Federation as of 2016.
- What is the difference in final consumption expenditure between Lao People's Democratic Republic and Russian Federation?
- 8.73 trillion constant LCU, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Russian Federation?
- 17 years are reported by both, from 2000 to 2016.
- How do Lao People's Democratic Republic and Russian Federation rank globally for final consumption expenditure?
- Lao People's Democratic Republic ranks 16th and Russian Federation ranks 17th of 176 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.