Annual growth of the general government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Annual growth of the general government final consumption expenditure was -0.3% in 2016. ◆ Volatile
Latest (2016)
-0.3%
Change on year
down 106.9%
World rank
142nd
of 181 countries
All-time high
85.4%
in 2009
All-time low
-8.4%
in 2003
Years of data
16
2001–2016
Annual growth of the general government final consumption expenditure in Lao People's Democratic Republic, 2001–2016
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Lao People's Democratic Republic recorded -0.3% for annual growth of the general government final consumption expenditure in 2016.
The figure is down 106.9% on the previous year and down 103.4% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Lao People's Democratic Republic peaked at 85.4% in 2009 and was at its lowest, -8.4%, in 2003.
Lao People's Democratic Republic ranks 142nd of 181 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 14.4% | — |
| 2002 | 48.2% | +235.5% |
| 2003 | -8.4% | -117.5% |
| 2004 | 12.0% | -242.2% |
| 2005 | 16.9% | +41.2% |
| 2006 | 10.1% | -40.2% |
| 2007 | 8.8% | -13.5% |
| 2008 | 5.9% | -32.4% |
| 2009 | 85.4% | +1341.0% |
| 2010 | -2.7% | -103.1% |
| 2011 | 12.8% | -580.5% |
| 2012 | 18.6% | +45.3% |
| 2013 | 37.0% | +98.7% |
| 2014 | -3.1% | -108.4% |
| 2015 | 5.0% | -261.6% |
| 2016 | -0.3% | -106.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.5% | -8.4% | 85.4% | 9 |
| 2010s | 9.6% | -3.1% | 37.0% | 7 |
Countries ranked near Lao People's Democratic Republic
- 139 Maldives 0.0%
- 140 South Africa -0.1% compare
- 141 Niger -0.3% compare
- 142 Lao People's Democratic Republic -0.3% compare
- 144 Austria -0.4% compare
- 145 Switzerland -0.5% compare
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Lao People's Democratic Republic?
- Annual growth of the general government final consumption expenditure in Lao People's Democratic Republic was -0.3% in 2016, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The highest recorded value was 85.4% in 2009.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was -8.4% in 2003.
- How does Lao People's Democratic Republic rank for annual growth of the general government final consumption expenditure?
- Lao People's Democratic Republic ranks 142nd out of 181 countries with data for 2016.
- Is annual growth of the general government final consumption expenditure rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 103.4%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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