Final consumption expenditure (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic
Lao People's Democratic Republic: Final consumption expenditure (constant 2015 US$), per unit of GDP was 0.8115 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Final consumption expenditure (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2016, final consumption expenditure (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic stood at 0.8115 constant 2015 US$ per US$ of GDP. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 6.0% on the previous year and down 51.7% over ten years.
Over the whole period, final consumption expenditure (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic peaked at 2.34 constant 2015 US$ per US$ of GDP in 2002 and was at its lowest, 0.8115 constant 2015 US$ per US$ of GDP, in 2016.
That places Lao People's Democratic Republic 30th out of 172 countries with data for 2016, putting it in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Final consumption expenditure (constant 2015 US$), per unit of GDP in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.95 constant 2015 US$ per US$ of GDP | — |
| 2001 | 2.27 constant 2015 US$ per US$ of GDP | +16.5% |
| 2002 | 2.34 constant 2015 US$ per US$ of GDP | +3.0% |
| 2003 | 2.29 constant 2015 US$ per US$ of GDP | -2.1% |
| 2004 | 2.17 constant 2015 US$ per US$ of GDP | -5.3% |
| 2005 | 2.02 constant 2015 US$ per US$ of GDP | -6.8% |
| 2006 | 1.68 constant 2015 US$ per US$ of GDP | -16.7% |
| 2007 | 1.39 constant 2015 US$ per US$ of GDP | -17.1% |
| 2008 | 1.25 constant 2015 US$ per US$ of GDP | -10.1% |
| 2009 | 1.31 constant 2015 US$ per US$ of GDP | +4.5% |
| 2010 | 1.22 constant 2015 US$ per US$ of GDP | -6.5% |
| 2011 | 1.04 constant 2015 US$ per US$ of GDP | -14.8% |
| 2012 | 1.03 constant 2015 US$ per US$ of GDP | -0.9% |
| 2013 | 0.9627 constant 2015 US$ per US$ of GDP | -6.7% |
| 2014 | 0.8967 constant 2015 US$ per US$ of GDP | -6.9% |
| 2015 | 0.8634 constant 2015 US$ per US$ of GDP | -3.7% |
| 2016 | 0.8115 constant 2015 US$ per US$ of GDP | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.87 constant 2015 US$ per US$ of GDP | 1.25 constant 2015 US$ per US$ of GDP | 2.34 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9758 constant 2015 US$ per US$ of GDP | 0.8115 constant 2015 US$ per US$ of GDP | 1.22 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 27 Tunisia 0.8233 constant 2015 US$ per US$ of GDP compare
- 28 Japan 0.8225 constant 2015 US$ per US$ of GDP compare
- 29 Djibouti 0.821 constant 2015 US$ per US$ of GDP
- 31 United States Virgin Islands 0.8027 constant 2015 US$ per US$ of GDP compare
- 32 Eswatini 0.7994 constant 2015 US$ per US$ of GDP
- 33 Ghana 0.7727 constant 2015 US$ per US$ of GDP 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)
- Households and NPISHs Final consumption expenditure (current LCU) 1.69 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 5,337 current LCU per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (current LCU) 12.29 million current LCU per person (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.53 % change on previous year (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.675 constant 2015 US$ per US$ of GDP (2016)
- Households and NPISHs Final consumption expenditure (constant 2015) 1,555 constant 2015 US$ per person (2016)
- Final consumption expenditure (current US$), annual growth rate 1.78 % change on previous year (2016)
- Final consumption expenditure (current US$), per unit of GDP 0.7967 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is final consumption expenditure (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic?
- Final consumption expenditure (constant 2015 us$), per unit of gdp in Lao People's Democratic Republic was 0.8115 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The highest recorded value was 2.34 constant 2015 US$ per US$ of GDP in 2002.
- What is the lowest final consumption expenditure (constant 2015 us$), per unit of gdp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.8115 constant 2015 US$ per US$ of GDP in 2016.
- How does Lao People's Democratic Republic rank for final consumption expenditure (constant 2015 us$), per unit of gdp?
- Lao People's Democratic Republic ranks 30th out of 172 countries with data for 2016.
- Is final consumption expenditure (constant 2015 us$), per unit of gdp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 51.7%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.