General government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: General government final consumption expenditure was 2.17 billion constant 2015 US$ in 2016. ◆ Volatile
General government final consumption expenditure in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lao People's Democratic Republic recorded 2.17 billion constant 2015 US$ for general government final consumption expenditure in 2016.
That represents a change of down 0.3% on the previous year and up 286.6% over ten years.
Over the whole period, general government final consumption expenditure in Lao People's Democratic Republic peaked at 2.18 billion constant 2015 US$ in 2015 and was at its lowest, 250.87 million constant 2015 US$, in 2000.
Lao People's Democratic Republic ranks 117th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 250.87 million constant 2015 US$ | — |
| 2001 | 286.94 million constant 2015 US$ | +14.4% |
| 2002 | 425.37 million constant 2015 US$ | +48.2% |
| 2003 | 389.51 million constant 2015 US$ | -8.4% |
| 2004 | 436.21 million constant 2015 US$ | +12.0% |
| 2005 | 510.06 million constant 2015 US$ | +16.9% |
| 2006 | 561.73 million constant 2015 US$ | +10.1% |
| 2007 | 610.94 million constant 2015 US$ | +8.8% |
| 2008 | 647.13 million constant 2015 US$ | +5.9% |
| 2009 | 1.20 billion constant 2015 US$ | +85.4% |
| 2010 | 1.17 billion constant 2015 US$ | -2.7% |
| 2011 | 1.32 billion constant 2015 US$ | +12.8% |
| 2012 | 1.56 billion constant 2015 US$ | +18.6% |
| 2013 | 2.14 billion constant 2015 US$ | +37.0% |
| 2014 | 2.08 billion constant 2015 US$ | -3.1% |
| 2015 | 2.18 billion constant 2015 US$ | +5.0% |
| 2016 | 2.17 billion constant 2015 US$ | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 531.83 million constant 2015 US$ | 250.87 million constant 2015 US$ | 1.20 billion constant 2015 US$ | 10 |
| 2010s | 1.80 billion constant 2015 US$ | 1.17 billion constant 2015 US$ | 2.18 billion constant 2015 US$ | 7 |
Countries ranked near Lao People's Democratic Republic
- 114 Rwanda 2.46 billion constant 2015 US$ compare
- 115 Bahamas 2.19 billion constant 2015 US$ compare
- 116 Albania 2.17 billion constant 2015 US$ compare
- 118 Haiti 2.10 billion constant 2015 US$ compare
- 119 Nicaragua 2.07 billion constant 2015 US$ compare
- 120 Mauritius 2.06 billion constant 2015 US$ 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)
- GNI, Atlas method (current US$), annual growth rate 9 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9247 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,150 current US$ per person (2025)
- GNI (current US$), annual growth rate 11.79 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.944 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,195 current US$ per person (2025)
- GNI (current LCU), annual growth rate 13.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 19,299 current LCU per US$ of GDP (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 2.17 billion constant 2015 US$ 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 2.18 billion constant 2015 US$ in 2015.
- What is the lowest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 250.87 million constant 2015 US$ in 2000.
- How does Lao People's Democratic Republic rank for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 117th out of 167 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 up 286.6%. 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.