Final consumption expenditure (current US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Final consumption expenditure (current US$), annual growth rate was 1.78 % change on previous year in 2016. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Lao People's Democratic Republic, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, final consumption expenditure (current us$), annual growth rate in Lao People's Democratic Republic stood at 1.78 % change on previous year.
That represents a change of down 74.2% on the previous year and down 90.9% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in Lao People's Democratic Republic peaked at 36.47 % change on previous year in 1985 and was at its lowest, -40.95 % change on previous year, in 1988.
Lao People's Democratic Republic ranks 168th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 36.47 % change on previous year | — |
| 1986 | -26.09 % change on previous year | -171.5% |
| 1987 | -38.44 % change on previous year | +47.4% |
| 1988 | -40.95 % change on previous year | +6.5% |
| 2001 | 4.89 % change on previous year | -111.9% |
| 2002 | -16.95 % change on previous year | -446.8% |
| 2003 | 22.34 % change on previous year | -231.8% |
| 2004 | 15.19 % change on previous year | -32.0% |
| 2005 | 9.18 % change on previous year | -39.6% |
| 2006 | 19.61 % change on previous year | +113.7% |
| 2007 | 28.85 % change on previous year | +47.1% |
| 2008 | 35.74 % change on previous year | +23.9% |
| 2009 | 5.84 % change on previous year | -83.7% |
| 2010 | 27.61 % change on previous year | +373.1% |
| 2011 | 9.75 % change on previous year | -64.7% |
| 2012 | 35.4 % change on previous year | +263.0% |
| 2013 | 19.21 % change on previous year | -45.7% |
| 2014 | 6.64 % change on previous year | -65.4% |
| 2015 | 6.89 % change on previous year | +3.8% |
| 2016 | 1.78 % change on previous year | -74.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -17.25 % change on previous year | -40.95 % change on previous year | 36.47 % change on previous year | 4 |
| 2000s | 13.85 % change on previous year | -16.95 % change on previous year | 35.74 % change on previous year | 9 |
| 2010s | 15.32 % change on previous year | 1.78 % change on previous year | 35.4 % change on previous year | 7 |
Countries ranked near Lao People's Democratic Republic
- 165 El Salvador 2.61 % change on previous year compare
- 166 China 2.37 % change on previous year compare
- 167 Macau, China 2.11 % change on previous year compare
- 169 New Zealand 1.35 % change on previous year compare
- 170 Brunei Darussalam 1.25 % change on previous year compare
- 171 Ghana 0.0397 % change on previous year 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$), per unit of GDP 0.7967 current US$ per US$ of GDP (2016)
- Final consumption expenditure (current US$), per capita 1,835 current US$ per person (2016)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Lao People's Democratic Republic?
- Final consumption expenditure (current us$), annual growth rate in Lao People's Democratic Republic was 1.78 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 36.47 % change on previous year in 1985.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -40.95 % change on previous year in 1988.
- How does Lao People's Democratic Republic rank for final consumption expenditure (current us$), annual growth rate?
- Lao People's Democratic Republic ranks 168th out of 187 countries with data for 2016.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 90.9%. 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 Statizoid (derived), published as part of Final consumption expenditure (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Final consumption expenditure (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.