Final consumption expenditure (current US$), annual growth rate in Laos
Laos: Final consumption expenditure (current US$), annual growth rate was 1.78 % change on previous year in 2016. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in Laos, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2016, final consumption expenditure (current us$), annual growth rate in Laos 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$), annual growth rate in Laos peaked at 36.47 % change on previous year in 1985 and was at its lowest, -40.95 % change on previous year, in 1988.
Laos ranks 168th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), annual growth rate in Laos, 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% |
Laos compared with similar countries
- Laos's 1.78 % change on previous year is below the median for lower middle income countries, which is 10.39 % change on previous year, 17% of the median. (45 countries reporting)
- Laos's 1.78 % change on previous year is below the median for East Asia & Pacific, which is 5.19 % change on previous year, 34% of the median. (29 countries reporting)
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 Laos
- 165 El Salvador 2.61 % change on previous year compare
- 166 China 2.37 % change on previous year compare
- 167 Macao 2.11 % change on previous year compare
- 169 New Zealand 1.35 % change on previous year compare
- 170 Brunei 1.25 % change on previous year compare
- 171 Ghana 0.0397 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 60.62 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0083 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 19.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 52.95 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.006 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 14.03 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0069 units per US$ of GDP (2025)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in Laos?
- Final consumption expenditure (current us$), annual growth rate in Laos was 1.78 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest final consumption expenditure (current us$), annual growth rate recorded in Laos?
- The highest recorded value was 36.47 % change on previous year in 1985.
- What is the lowest final consumption expenditure (current us$), annual growth rate recorded in Laos?
- The lowest recorded value was -40.95 % change on previous year in 1988.
- How does Laos rank for final consumption expenditure (current us$), annual growth rate?
- Laos ranks 168th out of 187 countries with data for 2016.
- Is final consumption expenditure (current us$), annual growth rate rising or falling in Laos?
- Over the last ten years it is down 90.9%. The long-run trend across the full record is volatile.
- Where does this Laos 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.