Discrepancy in expenditure estimate of GDP in Laos
Laos: Discrepancy in expenditure estimate of GDP was -119.49 million current LCU in 2016. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Laos recorded -119.49 million current LCU for discrepancy in expenditure estimate of gdp in 2016. That is the lowest value across all 22 years on record.
The figure is down 128.7% on the previous year and down 100.0% over five years.
Over the whole period, discrepancy in expenditure estimate of gdp in Laos peaked at 3.92 trillion current LCU in 2011 and was at its lowest, -119.49 million current LCU, in 2016.
Laos ranks 164th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Laos, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 0 current LCU | — |
| 1985 | -4,200 current LCU | — |
| 1986 | -12,100 current LCU | +188.1% |
| 1987 | -3,100 current LCU | -74.4% |
| 1988 | 8,200 current LCU | -364.5% |
| 2000 | 0 current LCU | -100.0% |
| 2001 | 0 current LCU | — |
| 2002 | 200 current LCU | — |
| 2003 | -500 current LCU | -350.0% |
| 2004 | -200 current LCU | -60.0% |
| 2005 | -400 current LCU | +100.0% |
| 2006 | 0 current LCU | -100.0% |
| 2007 | 0 current LCU | — |
| 2008 | -1,000 current LCU | — |
| 2009 | -0.002 current LCU | -100.0% |
| 2010 | 0 current LCU | -100.0% |
| 2011 | 3.92 trillion current LCU | — |
| 2012 | 0 current LCU | -100.0% |
| 2013 | 0 current LCU | — |
| 2014 | -1,000 current LCU | — |
| 2015 | 415.90 million current LCU | -41589800.0% |
| 2016 | -119.49 million current LCU | -128.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -2,240 current LCU | -12,100 current LCU | 8,200 current LCU | 5 |
| 2000s | -190 current LCU | -1,000 current LCU | 200 current LCU | 10 |
| 2010s | 559.79 billion current LCU | -119.49 million current LCU | 3.92 trillion current LCU | 7 |
Countries ranked near Laos
More economy & growth data for Laos
- 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)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.4007 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 931.46 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.83 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 3,283 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 7.63 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 10.99 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4357 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Laos?
- Discrepancy in expenditure estimate of gdp in Laos was -119.49 million current LCU in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Laos?
- The highest recorded value was 3.92 trillion current LCU in 2011.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Laos?
- The lowest recorded value was -119.49 million current LCU in 2016.
- How does Laos rank for discrepancy in expenditure estimate of gdp?
- Laos ranks 164th out of 185 countries with data for 2016.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.