General government final consumption expenditure (constant LCU) in Laos
Laos: General government final consumption expenditure (constant LCU) was -0.3458 % change on previous year in 2016. ◆ Volatile
General government final consumption expenditure (constant LCU) in Laos, 2001–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (constant lcu) in Laos is -0.3458 % change on previous year, 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 (constant lcu) in Laos peaked at 85.36 % change on previous year in 2009 and was at its lowest, -8.43 % change on previous year, in 2003.
Laos ranks 146th of 174 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 (constant LCU) in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 14.38 % change on previous year | — |
| 2002 | 48.24 % change on previous year | +235.5% |
| 2003 | -8.43 % change on previous year | -117.5% |
| 2004 | 11.99 % change on previous year | -242.2% |
| 2005 | 16.93 % change on previous year | +41.2% |
| 2006 | 10.13 % change on previous year | -40.2% |
| 2007 | 8.76 % change on previous year | -13.5% |
| 2008 | 5.92 % change on previous year | -32.4% |
| 2009 | 85.36 % change on previous year | +1341.0% |
| 2010 | -2.67 % change on previous year | -103.1% |
| 2011 | 12.83 % change on previous year | -580.5% |
| 2012 | 18.64 % change on previous year | +45.3% |
| 2013 | 37.04 % change on previous year | +98.7% |
| 2014 | -3.11 % change on previous year | -108.4% |
| 2015 | 5.03 % change on previous year | -261.6% |
| 2016 | -0.3458 % change on previous year | -106.9% |
Laos compared with similar countries
- Laos's -0.3458 % change on previous year is below the median for lower middle income countries, which is 4.32 % change on previous year. (44 countries reporting)
- Laos's -0.3458 % change on previous year is below the median for East Asia & Pacific, which is 1.74 % change on previous year. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.48 % change on previous year | -8.43 % change on previous year | 85.36 % change on previous year | 9 |
| 2010s | 9.63 % change on previous year | -3.11 % change on previous year | 37.04 % change on previous year | 7 |
Countries ranked near Laos
- 143 South Africa -0.2154 % change on previous year compare
- 144 Finland -0.2388 % change on previous year compare
- 145 Belarus -0.2999 % change on previous year compare
- 147 Tonga -0.541 % change on previous year compare
- 148 Iran -0.6868 % change on previous year compare
- 149 Brunei -0.7504 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu) in Laos?
- General government final consumption expenditure (constant lcu) in Laos was -0.3458 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu) recorded in Laos?
- The highest recorded value was 85.36 % change on previous year in 2009.
- What is the lowest general government final consumption expenditure (constant lcu) recorded in Laos?
- The lowest recorded value was -8.43 % change on previous year in 2003.
- How does Laos rank for general government final consumption expenditure (constant lcu)?
- Laos ranks 146th out of 174 countries with data for 2016.
- Is general government final consumption expenditure (constant lcu) rising or falling in Laos?
- Over the last ten years it is down 103.4%. 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 General government final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
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 General government final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.