Final consumption expenditure (constant LCU), per unit of GDP in Laos
Laos: Final consumption expenditure (constant LCU), per unit of GDP was 5,661 constant LCU per US$ of GDP in 2016. ▼ Falling
Final consumption expenditure (constant LCU), per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (constant lcu), per unit of gdp in Laos is 5,661 constant LCU per US$ of GDP, measured in 2016. 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 lcu), per unit of gdp in Laos peaked at 16,318 constant LCU per US$ of GDP in 2002 and was at its lowest, 5,661 constant LCU per US$ of GDP, in 2016.
That places Laos 5th out of 177 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Final consumption expenditure (constant LCU), per unit of GDP in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 13,605 constant LCU per US$ of GDP | — |
| 2001 | 15,849 constant LCU per US$ of GDP | +16.5% |
| 2002 | 16,318 constant LCU per US$ of GDP | +3.0% |
| 2003 | 15,970 constant LCU per US$ of GDP | -2.1% |
| 2004 | 15,119 constant LCU per US$ of GDP | -5.3% |
| 2005 | 14,088 constant LCU per US$ of GDP | -6.8% |
| 2006 | 11,729 constant LCU per US$ of GDP | -16.7% |
| 2007 | 9,721 constant LCU per US$ of GDP | -17.1% |
| 2008 | 8,736 constant LCU per US$ of GDP | -10.1% |
| 2009 | 9,127 constant LCU per US$ of GDP | +4.5% |
| 2010 | 8,530 constant LCU per US$ of GDP | -6.5% |
| 2011 | 7,265 constant LCU per US$ of GDP | -14.8% |
| 2012 | 7,200 constant LCU per US$ of GDP | -0.9% |
| 2013 | 6,716 constant LCU per US$ of GDP | -6.7% |
| 2014 | 6,256 constant LCU per US$ of GDP | -6.9% |
| 2015 | 6,023 constant LCU per US$ of GDP | -3.7% |
| 2016 | 5,661 constant LCU per US$ of GDP | -6.0% |
Laos compared with similar countries
- Laos's 5,661 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 46.73 constant LCU per US$ of GDP, 121.2× the median. (44 countries reporting)
- Laos's 5,661 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 3.64 constant LCU per US$ of GDP, 1554.4× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13,026 constant LCU per US$ of GDP | 8,736 constant LCU per US$ of GDP | 16,318 constant LCU per US$ of GDP | 10 |
| 2010s | 6,808 constant LCU per US$ of GDP | 5,661 constant LCU per US$ of GDP | 8,530 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 2 Somalia 33,077 constant LCU per US$ of GDP compare
- 3 Vietnam 8,334 constant LCU per US$ of GDP compare
- 4 Indonesia 5,748 constant LCU per US$ of GDP compare
- 6 Paraguay 3,850 constant LCU per US$ of GDP compare
- 7 Guinea 2,794 constant LCU per US$ of GDP compare
- 8 Uganda 2,177 constant LCU per US$ of GDP compare
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)
- 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per unit of gdp in Laos?
- Final consumption expenditure (constant lcu), per unit of gdp in Laos was 5,661 constant LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 16,318 constant LCU per US$ of GDP in 2002.
- What is the lowest final consumption expenditure (constant lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was 5,661 constant LCU per US$ of GDP in 2016.
- How does Laos rank for final consumption expenditure (constant lcu), per unit of gdp?
- Laos ranks 5th out of 177 countries with data for 2016.
- Is final consumption expenditure (constant lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 51.7%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.