Laos vs Madagascar: Final consumption expenditure
Final consumption expenditure over time
- Laos
- Madagascar
How they compare
Laos currently reports 102.99 trillion current LCU against 77.70 trillion current LCU in Madagascar, a difference of 25.29 trillion current LCU.
That makes Laos's figure about 1.3 times Madagascar's.
The two have swapped places 1 time across 22 shared years of data; in 1984 it was Madagascar ahead.
Laos ranks 24th and Madagascar ranks 27th of 187 countries.
Across the 3 decades both report, Laos averaged higher in 2 and Madagascar in 1.
Head to head by decade
| Decade | Laos | Madagascar | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 152.22 billion current LCU | 507.23 billion current LCU | 355.01 billion current LCU | Madagascar |
| 2000s | 24.48 trillion current LCU | 10.14 trillion current LCU | 14.34 trillion current LCU | Laos |
| 2010s | 80.31 trillion current LCU | 25.09 trillion current LCU | 55.23 trillion current LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Laos or Madagascar?
- Laos, at 102.99 trillion current LCU against 77.70 trillion current LCU in Madagascar as of 2016.
- What is the difference in final consumption expenditure between Laos and Madagascar?
- 25.29 trillion current LCU, with Laos ahead.
- How many years of comparable data are there for Laos and Madagascar?
- 22 years are reported by both, from 1984 to 2016.
- How do Laos and Madagascar rank globally for final consumption expenditure?
- Laos ranks 24th and Madagascar ranks 27th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.