Lao People's Democratic Republic vs United States of America: Total Expenditure (general government) — Value Standard Local Currency
Total Expenditure (general government) — Value Standard Local Currency over time
- Lao People's Democratic Republic
- United States of America
How they compare
Lao People's Democratic Republic currently reports 43.50 million million SLC against 11.09 million million SLC in United States of America, a difference of 32.41 million million SLC.
That makes Lao People's Democratic Republic's figure about 3.9 times United States of America's.
The two have swapped places 3 times across 23 shared years of data; in 2001 it was United States of America ahead.
Lao People's Democratic Republic ranks 3rd and United States of America ranks 1st of 7 countries.
Lao People's Democratic Republic 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 |
|---|---|---|---|---|
| 2000s | 5.90 million million SLC | 4.68 million million SLC | 1.22 million million SLC | Lao People's Democratic Republic |
| 2010s | 25.45 million million SLC | 6.73 million million SLC | 18.72 million million SLC | Lao People's Democratic Republic |
| 2020s | 34.04 million million SLC | 10.01 million million SLC | 24.02 million million SLC | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total expenditure (general government) — value standard local currency, Lao People's Democratic Republic or United States of America?
- Lao People's Democratic Republic, at 43.50 million million SLC against 11.09 million million SLC in United States of America as of 2023.
- What is the difference in total expenditure (general government) — value standard local currency between Lao People's Democratic Republic and United States of America?
- 32.41 million million SLC, 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?
- 23 years are reported by both, from 2001 to 2023.
- How do Lao People's Democratic Republic and United States of America rank globally for total expenditure (general government) — value standard local currency?
- Lao People's Democratic Republic ranks 3rd and United States of America ranks 1st of 7 countries.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Total Expenditure (general government) — Value Standard Local Currency. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.