Lao People's Democratic Republic vs Nicaragua: Government spending vs. GDP

Lao People's Democratic Republic
2.17 billion constant 2015 US$
in 2016
Nicaragua
2.07 billion constant 2015 US$
in 2025
Lao People's Democratic Republic rank
117th
Nicaragua rank
119th

Government spending vs. GDP over time

  • Lao People's Democratic Republic
  • Nicaragua
0500.0M1.0B1.5B2.0B2.5B196019922025

How they compare

Lao People's Democratic Republic currently reports 2.17 billion constant 2015 US$ against 2.07 billion constant 2015 US$ in Nicaragua, a difference of 102.02 million constant 2015 US$.

The two have swapped places 1 time across 17 shared years of data; in 2000 it was Nicaragua ahead.

Lao People's Democratic Republic ranks 117th and Nicaragua ranks 119th of 166 countries.

Across the 2 decades both report, Lao People's Democratic Republic averaged higher in 1 and Nicaragua in 1.

Head to head by decade

Decade Lao People's Democratic Republic Nicaragua Difference Ahead
2000s 531.83 million constant 2015 US$ 1.21 billion constant 2015 US$ 680.43 million constant 2015 US$ Nicaragua
2010s 1.80 billion constant 2015 US$ 1.63 billion constant 2015 US$ 170.37 million constant 2015 US$ Lao People's Democratic Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending vs. gdp, Lao People's Democratic Republic or Nicaragua?
Lao People's Democratic Republic, at 2.17 billion constant 2015 US$ against 2.07 billion constant 2015 US$ in Nicaragua as of 2016.
What is the difference in government spending vs. gdp between Lao People's Democratic Republic and Nicaragua?
102.02 million constant 2015 US$, with Lao People's Democratic Republic ahead.
How many years of comparable data are there for Lao People's Democratic Republic and Nicaragua?
17 years are reported by both, from 2000 to 2016.
How do Lao People's Democratic Republic and Nicaragua rank globally for government spending vs. gdp?
Lao People's Democratic Republic ranks 117th and Nicaragua ranks 119th of 166 countries.
Where does this data come from?
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Government spending vs. GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Lao People's Democratic Republic vs Nicaragua: Government spending vs. GDP. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 04 September 2026, from https://economy.statizoid.com/compare/government-expenditure-vs-gdp/lao-pdr/nicaragua/

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About this data

Indicator
Government spending vs. GDP
Unit
constant 2015 US$
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
166 places, 7,062 data points, 1960–2025
Last refreshed

General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.