General government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: General government final consumption expenditure was 15.22 trillion constant LCU 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 LCU.
Analysis
The most recent figure for general government final consumption expenditure in Lao People's Democratic Republic is 15.22 trillion constant LCU, measured in 2016.
The figure is 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 15.27 trillion constant LCU in 2015 and was at its lowest, 1.76 trillion constant LCU, in 2000.
Lao People's Democratic Republic ranks 17th of 175 countries on this measure, in the top 10%.
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 LCU | Change |
|---|---|---|
| 2000 | 1.76 trillion constant LCU | — |
| 2001 | 2.01 trillion constant LCU | +14.4% |
| 2002 | 2.98 trillion constant LCU | +48.2% |
| 2003 | 2.73 trillion constant LCU | -8.4% |
| 2004 | 3.06 trillion constant LCU | +12.0% |
| 2005 | 3.57 trillion constant LCU | +16.9% |
| 2006 | 3.94 trillion constant LCU | +10.1% |
| 2007 | 4.28 trillion constant LCU | +8.8% |
| 2008 | 4.53 trillion constant LCU | +5.9% |
| 2009 | 8.40 trillion constant LCU | +85.4% |
| 2010 | 8.18 trillion constant LCU | -2.7% |
| 2011 | 9.23 trillion constant LCU | +12.8% |
| 2012 | 10.95 trillion constant LCU | +18.6% |
| 2013 | 15.01 trillion constant LCU | +37.0% |
| 2014 | 14.54 trillion constant LCU | -3.1% |
| 2015 | 15.27 trillion constant LCU | +5.0% |
| 2016 | 15.22 trillion constant LCU | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.73 trillion constant LCU | 1.76 trillion constant LCU | 8.40 trillion constant LCU | 10 |
| 2010s | 12.63 trillion constant LCU | 8.18 trillion constant LCU | 15.27 trillion constant LCU | 7 |
Countries ranked near Lao People's Democratic Republic
- 14 Russian Federation 19.33 trillion constant LCU compare
- 15 Uzbekistan 18.83 trillion constant LCU compare
- 16 Tanzania, United Republic of 18.06 trillion constant LCU compare
- 18 Hungary 11.23 trillion constant LCU compare
- 19 Cambodia 9.78 trillion constant LCU compare
- 20 Costa Rica 7.00 trillion constant LCU 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)
- Gross domestic savings (current US$), annual growth rate 64.16 % change on previous year (2016)
- Gross domestic savings (current US$), per unit of GDP 0.2033 current US$ per US$ of GDP (2016)
- Gross domestic savings (current US$), per capita 468.35 current US$ per person (2016)
- Gross domestic savings (current LCU), annual growth rate 64.09 % change on previous year (2016)
- Gross domestic savings (current LCU), per unit of GDP 1,652 current LCU per US$ of GDP (2016)
- Gross domestic savings (current LCU), per capita 3.81 million current LCU per person (2016)
- 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)
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 15.22 trillion constant LCU 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 15.27 trillion constant LCU in 2015.
- What is the lowest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1.76 trillion constant LCU in 2000.
- How does Lao People's Democratic Republic rank for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 17th out of 175 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 LCU). 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 varies by country. This series is expressed in local currency units.