Lao People's Democratic Republic vs Macau, China: Households and NPISHs Final consumption expenditure, PPP
Households and NPISHs Final consumption expenditure, PPP over time
- Lao People's Democratic Republic
- Macau, China
How they compare
Lao People's Democratic Republic currently reports 26.46 billion current international $ against 25.45 billion current international $ in Macau, China, a difference of 1.00 billion current international $.
Across all 17 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 130th and Macau, China ranks 131st of 182 countries.
Lao People's Democratic Republic has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Macau, China | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.66 billion current international $ | 7.08 billion current international $ | 1.58 billion current international $ | Lao People's Democratic Republic |
| 2010s | 21.12 billion current international $ | 14.38 billion current international $ | 6.74 billion current international $ | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure, ppp, Lao People's Democratic Republic or Macau, China?
- Lao People's Democratic Republic, at 26.46 billion current international $ against 25.45 billion current international $ in Macau, China as of 2016.
- What is the difference in households and npishs final consumption expenditure, ppp between Lao People's Democratic Republic and Macau, China?
- 1.00 billion current international $, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Macau, China?
- 17 years are reported by both, from 2000 to 2016.
- How do Lao People's Democratic Republic and Macau, China rank globally for households and npishs final consumption expenditure, ppp?
- Lao People's Democratic Republic ranks 130th and Macau, China ranks 131st of 182 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.