General government final consumption expenditure (constant 2015 US$) in Laos
Laos: General government final consumption expenditure (constant 2015 US$) was 2.17 billion constant 2015 US$ in 2016. ◆ Volatile
General government final consumption expenditure in Laos, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Laos recorded 2.17 billion constant 2015 US$ 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 Laos peaked at 2.18 billion constant 2015 US$ in 2015 and was at its lowest, 250.87 million constant 2015 US$, in 2000.
Laos ranks 117th of 168 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (constant 2015 US$) in Laos, 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% |
Laos compared with similar countries
- Laos's 2.17 billion constant 2015 US$ is below the median for lower middle income countries, which is 2.32 billion constant 2015 US$, 94% of the median. (42 countries reporting)
- Laos's 2.17 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 4.18 billion constant 2015 US$, 52% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant 2015 US$) in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +85.4% | 647.13 million constant 2015 US$ | 1.20 billion constant 2015 US$ |
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 Laos
- 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 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 general government final consumption expenditure in Laos?
- General government final consumption expenditure in Laos 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 Laos?
- The highest recorded value was 2.18 billion constant 2015 US$ in 2015.
- What is the lowest general government final consumption expenditure recorded in Laos?
- The lowest recorded value was 250.87 million constant 2015 US$ in 2000.
- How does Laos rank for general government final consumption expenditure?
- Laos ranks 117th out of 168 countries with data for 2016.
- Is general government final consumption expenditure rising or falling in Laos?
- Over the last ten years it is up 286.6%. 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 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.