General government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: General government final consumption expenditure was -0.3% in 2016. ◆ Volatile
General government final consumption expenditure in Lao People's Democratic Republic, 2001–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for general government final consumption expenditure in Lao People's Democratic Republic is -0.3%, measured in 2016.
That represents a change of down 106.9% on the previous year and down 103.4% over ten years.
Over the whole period, general government final consumption expenditure in Lao People's Democratic Republic peaked at 85.4% in 2009 and was at its lowest, -8.4%, in 2003.
Lao People's Democratic Republic ranks 145th of 173 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Lao People's Democratic Republic, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 14.4% | — |
| 2002 | 48.2% | +235.5% |
| 2003 | -8.4% | -117.5% |
| 2004 | 12.0% | -242.2% |
| 2005 | 16.9% | +41.2% |
| 2006 | 10.1% | -40.2% |
| 2007 | 8.8% | -13.5% |
| 2008 | 5.9% | -32.4% |
| 2009 | 85.4% | +1341.0% |
| 2010 | -2.7% | -103.1% |
| 2011 | 12.8% | -580.5% |
| 2012 | 18.6% | +45.3% |
| 2013 | 37.0% | +98.7% |
| 2014 | -3.1% | -108.4% |
| 2015 | 5.0% | -261.6% |
| 2016 | -0.3% | -106.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.5% | -8.4% | 85.4% | 9 |
| 2010s | 9.6% | -3.1% | 37.0% | 7 |
Countries ranked near Lao People's Democratic Republic
- 142 South Africa -0.2% compare
- 143 Finland -0.2% compare
- 144 Belarus -0.3% compare
- 146 Tonga -0.5% compare
- 147 Iran, Islamic Republic of -0.7% compare
- 148 Brunei Darussalam -0.8% 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)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2917 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 678.12 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 12.91 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5,963 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 13.86 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Lao People's Democratic Republic?
- General government final consumption expenditure in Lao People's Democratic Republic was -0.3% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The highest recorded value was 85.4% in 2009.
- What is the lowest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was -8.4% in 2003.
- How does Lao People's Democratic Republic rank for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 145th out of 173 countries with data for 2016.
- Is general government final consumption expenditure rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 103.4%. 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.