Lao People's Democratic Republic vs United States of America: General government final consumption expenditure
General government final consumption expenditure over time
- Lao People's Democratic Republic
- United States of America
How they compare
Lao People's Democratic Republic currently reports 14.0% against 13.6% in United States of America, a difference of 0.4%.
The two have swapped places 2 times across 22 shared years of data; in 1984 it was United States of America ahead.
Lao People's Democratic Republic ranks 120th and United States of America ranks 123rd of 187 countries.
United States of America has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.6% | 15.9% | 7.3% | United States of America |
| 2000s | 8.2% | 15.2% | 7.0% | United States of America |
| 2010s | 14.0% | 15.2% | 1.1% | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher general government final consumption expenditure, Lao People's Democratic Republic or United States of America?
- Lao People's Democratic Republic, at 14.0% against 13.6% in United States of America as of 2016.
- What is the difference in general government final consumption expenditure between Lao People's Democratic Republic and United States of America?
- 0.4%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and United States of America?
- 22 years are reported by both, from 1984 to 2016.
- How do Lao People's Democratic Republic and United States of America rank globally for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 120th and United States of America ranks 123rd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.