General government final consumption expenditure (constant LCU) in Laos
Laos: General government final consumption expenditure (constant LCU) was 15.22 trillion constant LCU 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 LCU.
Analysis
The most recent figure for general government final consumption expenditure in Laos 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 Laos peaked at 15.27 trillion constant LCU in 2015 and was at its lowest, 1.76 trillion constant LCU, in 2000.
Laos ranks 17th of 176 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 (constant LCU) in Laos, 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% |
Laos compared with similar countries
- Laos's 15.22 trillion constant LCU is above the median for lower middle income countries, which is 102.30 billion constant LCU, 148.7× the median. (44 countries reporting)
- Laos's 15.22 trillion constant LCU is above the median for East Asia & Pacific, which is 74.22 billion constant LCU, 205.0× the median. (25 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (constant LCU) 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% | 4.53 trillion constant LCU | 8.40 trillion constant LCU |
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 Laos
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 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 Laos?
- The highest recorded value was 15.27 trillion constant LCU in 2015.
- What is the lowest general government final consumption expenditure recorded in Laos?
- The lowest recorded value was 1.76 trillion constant LCU in 2000.
- How does Laos rank for general government final consumption expenditure?
- Laos ranks 17th out of 176 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 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.