Final consumption expenditure in Laos
Laos: Final consumption expenditure was 12.68 billion current US$ in 2016. ◆ Volatile
Final consumption expenditure in Laos, 1984–2016
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2016, final consumption expenditure in Laos stood at 12.68 billion current US$. That is the highest value across all 22 years on record.
That represents a change of up 1.8% on the previous year and up 385.4% over ten years.
Over the whole period, final consumption expenditure in Laos peaked at 12.68 billion current US$ in 2016 and was at its lowest, 627.53 million current US$, in 1988.
Laos ranks 139th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.49 billion current US$ | 627.53 million current US$ | 2.34 billion current US$ | 5 |
| 2000s | 2.61 billion current US$ | 1.42 billion current US$ | 4.83 billion current US$ | 10 |
| 2010s | 9.97 billion current US$ | 6.17 billion current US$ | 12.68 billion current US$ | 7 |
Countries ranked near Laos
More economy & growth data for Laos
- External balance on goods and services as a percent of GDP -8.7% (2016)
- Inflation of consumer prices 7.7% (2025)
- GDP per capita 2,807 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 9.1% (2025)
- Gross domestic product (GDP) 22.10 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 2,807 constant 2015 US$ (2025)
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Laos?
- Final consumption expenditure in Laos was 12.68 billion current US$ in 2016, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Laos?
- The highest recorded value was 12.68 billion current US$ in 2016.
- What is the lowest final consumption expenditure recorded in Laos?
- The lowest recorded value was 627.53 million current US$ in 1988.
- How does Laos rank for final consumption expenditure?
- Laos ranks 139th out of 186 countries with data for 2016.
- Is final consumption expenditure rising or falling in Laos?
- Over the last ten years it is up 385.4%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.