General government final consumption … current rate annual growth in Laos
Laos: General government final consumption … current rate annual growth was 1.97 % change on previous year in 2016. ◆ Volatile
General government final consumption expenditure (current LCU) in Laos, 1985–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for general government final consumption expenditure (current lcu) in Laos is 1.97 % change on previous year, measured in 2016.
Compared with earlier readings it is down 78.7% on the previous year and down 83.1% over ten years.
Over the whole period, general government final consumption expenditure (current lcu) in Laos peaked at 132.5 % change on previous year in 1985 and was at its lowest, 1.16 % change on previous year, in 2014.
Laos ranks 159th of 185 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 … current rate annual growth in Laos, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1985 | 132.5 % change on previous year | — |
| 1986 | 56.99 % change on previous year | -57.0% |
| 1987 | 8.22 % change on previous year | -85.6% |
| 1988 | 61.39 % change on previous year | +646.9% |
| 2001 | 15.58 % change on previous year | -74.6% |
| 2002 | 54.56 % change on previous year | +250.1% |
| 2003 | 3.51 % change on previous year | -93.6% |
| 2004 | 19.06 % change on previous year | +443.0% |
| 2005 | 22.68 % change on previous year | +19.0% |
| 2006 | 11.61 % change on previous year | -48.8% |
| 2007 | 20.85 % change on previous year | +79.5% |
| 2008 | 15.26 % change on previous year | -26.8% |
| 2009 | 79.62 % change on previous year | +421.9% |
| 2010 | 5.39 % change on previous year | -93.2% |
| 2011 | 16 % change on previous year | +197.0% |
| 2012 | 34.76 % change on previous year | +117.2% |
| 2013 | 46.37 % change on previous year | +33.4% |
| 2014 | 1.16 % change on previous year | -97.5% |
| 2015 | 9.26 % change on previous year | +699.6% |
| 2016 | 1.97 % change on previous year | -78.7% |
Laos compared with similar countries
- Laos's 1.97 % change on previous year is below the median for lower middle income countries, which is 9.58 % change on previous year, 21% of the median. (45 countries reporting)
- Laos's 1.97 % change on previous year is below the median for East Asia & Pacific, which is 3.5 % change on previous year, 56% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 64.78 % change on previous year | 8.22 % change on previous year | 132.5 % change on previous year | 4 |
| 2000s | 26.97 % change on previous year | 3.51 % change on previous year | 79.62 % change on previous year | 9 |
| 2010s | 16.42 % change on previous year | 1.16 % change on previous year | 46.37 % change on previous year | 7 |
Countries ranked near Laos
- 156 Sweden 2.26 % change on previous year compare
- 157 Bahamas 2.08 % change on previous year compare
- 158 Botswana 2 % change on previous year compare
- 160 Kuwait 1.85 % change on previous year compare
- 161 Thailand 1.83 % change on previous year compare
- 162 Romania 1.81 % 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)
- 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 (current lcu) in Laos?
- General government final consumption expenditure (current lcu) in Laos was 1.97 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest general government final consumption expenditure (current lcu) recorded in Laos?
- The highest recorded value was 132.5 % change on previous year in 1985.
- What is the lowest general government final consumption expenditure (current lcu) recorded in Laos?
- The lowest recorded value was 1.16 % change on previous year in 2014.
- How does Laos rank for general government final consumption expenditure (current lcu)?
- Laos ranks 159th out of 185 countries with data for 2016.
- Is general government final consumption expenditure (current lcu) rising or falling in Laos?
- Over the last ten years it is down 83.1%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in General government final consumption expenditure (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.