Belize vs Lao People's Democratic Republic: Final consumption expenditure
Final consumption expenditure over time
- Belize
- Lao People's Democratic Republic
How they compare
Belize currently reports 80.2% against 79.7% in Lao People's Democratic Republic, a difference of 0.5%.
The two have swapped places 4 times across 22 shared years of data; in 1984 it was Lao People's Democratic Republic ahead.
Belize ranks 88th and Lao People's Democratic Republic ranks 91st of 188 countries.
Lao People's Democratic Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Belize | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 45.6% | 99.2% | 53.6% | Lao People's Democratic Republic |
| 2000s | 79.1% | 84.3% | 5.3% | Lao People's Democratic Republic |
| 2010s | 78.7% | 85.5% | 6.8% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Belize or Lao People's Democratic Republic?
- Belize, at 80.2% against 79.7% in Lao People's Democratic Republic as of 2024.
- What is the difference in final consumption expenditure between Belize and Lao People's Democratic Republic?
- 0.5%, with Belize ahead.
- How many years of comparable data are there for Belize and Lao People's Democratic Republic?
- 22 years are reported by both, from 1984 to 2016.
- How do Belize and Lao People's Democratic Republic rank globally for final consumption expenditure?
- Belize ranks 88th and Lao People's Democratic Republic ranks 91st of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.