General government final consumption expenditure (constant LCU), per in Laos
Laos: General government final consumption expenditure (constant LCU), per was 956.25 constant LCU per US$ of GDP in 2016. ▼ Falling
General government final consumption expenditure (constant LCU), per in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for general government final consumption expenditure (constant lcu), per in Laos is 956.25 constant LCU per US$ of GDP, measured in 2016.
That represents a change of down 9.7% on the previous year and down 16.1% over ten years.
Over the whole period, general government final consumption expenditure (constant lcu), per in Laos peaked at 1,695 constant LCU per US$ of GDP in 2002 and was at its lowest, 832.48 constant LCU per US$ of GDP, in 2008.
Laos ranks 4th of 176 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
General government final consumption expenditure (constant LCU), per in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 1,015 constant LCU per US$ of GDP | — |
| 2001 | 1,137 constant LCU per US$ of GDP | +12.0% |
| 2002 | 1,695 constant LCU per US$ of GDP | +49.1% |
| 2003 | 1,349 constant LCU per US$ of GDP | -20.4% |
| 2004 | 1,292 constant LCU per US$ of GDP | -4.2% |
| 2005 | 1,306 constant LCU per US$ of GDP | +1.2% |
| 2006 | 1,139 constant LCU per US$ of GDP | -12.8% |
| 2007 | 1,014 constant LCU per US$ of GDP | -11.0% |
| 2008 | 832.48 constant LCU per US$ of GDP | -17.9% |
| 2009 | 1,440 constant LCU per US$ of GDP | +73.0% |
| 2010 | 1,147 constant LCU per US$ of GDP | -20.4% |
| 2011 | 1,055 constant LCU per US$ of GDP | -8.0% |
| 2012 | 1,074 constant LCU per US$ of GDP | +1.8% |
| 2013 | 1,252 constant LCU per US$ of GDP | +16.6% |
| 2014 | 1,095 constant LCU per US$ of GDP | -12.6% |
| 2015 | 1,058 constant LCU per US$ of GDP | -3.3% |
| 2016 | 956.25 constant LCU per US$ of GDP | -9.7% |
Laos compared with similar countries
- Laos's 956.25 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 4.9 constant LCU per US$ of GDP, 195.2× the median. (44 countries reporting)
- Laos's 956.25 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.9499 constant LCU per US$ of GDP, 1006.7× the median. (25 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU), per 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 | +73.0% | 832.48 constant LCU per US$ of GDP | 1,440 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,222 constant LCU per US$ of GDP | 832.48 constant LCU per US$ of GDP | 1,695 constant LCU per US$ of GDP | 10 |
| 2010s | 1,091 constant LCU per US$ of GDP | 956.25 constant LCU per US$ of GDP | 1,252 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 1 Iran 27,990 constant LCU per US$ of GDP compare
- 2 Somalia 2,063 constant LCU per US$ of GDP compare
- 3 Vietnam 1,209 constant LCU per US$ of GDP compare
- 5 Guinea 732.62 constant LCU per US$ of GDP compare
- 6 Indonesia 679.28 constant LCU per US$ of GDP compare
- 7 Paraguay 544.34 constant LCU per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is general government final consumption expenditure (constant lcu), per in Laos?
- General government final consumption expenditure (constant lcu), per in Laos was 956.25 constant LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (constant lcu), per recorded in Laos?
- The highest recorded value was 1,695 constant LCU per US$ of GDP in 2002.
- What is the lowest general government final consumption expenditure (constant lcu), per recorded in Laos?
- The lowest recorded value was 832.48 constant LCU per US$ of GDP in 2008.
- How does Laos rank for general government final consumption expenditure (constant lcu), per?
- Laos ranks 4th out of 176 countries with data for 2016.
- Is general government final consumption expenditure (constant lcu), per rising or falling in Laos?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of General government final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
General government final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- General government final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
General government final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.