General government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: General government final consumption expenditure was 18.06 trillion current LCU in 2016. ◆ Volatile
General government final consumption expenditure in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Lao People's Democratic Republic is 18.06 trillion current LCU, measured in 2016. That is the highest value across all 22 years on record.
That represents a change of up 2.0% on the previous year and up 579.9% over ten years.
Over the whole period, general government final consumption expenditure in Lao People's Democratic Republic peaked at 18.06 trillion current LCU in 2016 and was at its lowest, 4.00 billion current LCU, in 1984.
Lao People's Democratic Republic ranks 23rd of 186 countries on this measure, in the top quarter.
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 | current LCU | Change |
|---|---|---|
| 1984 | 4.00 billion current LCU | — |
| 1985 | 9.30 billion current LCU | +132.5% |
| 1986 | 14.60 billion current LCU | +57.0% |
| 1987 | 15.80 billion current LCU | +8.2% |
| 1988 | 25.50 billion current LCU | +61.4% |
| 2000 | 881.25 billion current LCU | +3355.9% |
| 2001 | 1.02 trillion current LCU | +15.6% |
| 2002 | 1.57 trillion current LCU | +54.6% |
| 2003 | 1.63 trillion current LCU | +3.5% |
| 2004 | 1.94 trillion current LCU | +19.1% |
| 2005 | 2.38 trillion current LCU | +22.7% |
| 2006 | 2.66 trillion current LCU | +11.6% |
| 2007 | 3.21 trillion current LCU | +20.8% |
| 2008 | 3.70 trillion current LCU | +15.3% |
| 2009 | 6.65 trillion current LCU | +79.6% |
| 2010 | 7.00 trillion current LCU | +5.4% |
| 2011 | 8.13 trillion current LCU | +16.0% |
| 2012 | 10.95 trillion current LCU | +34.8% |
| 2013 | 16.03 trillion current LCU | +46.4% |
| 2014 | 16.21 trillion current LCU | +1.2% |
| 2015 | 17.71 trillion current LCU | +9.3% |
| 2016 | 18.06 trillion current LCU | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 13.84 billion current LCU | 4.00 billion current LCU | 25.50 billion current LCU | 5 |
| 2000s | 2.56 trillion current LCU | 881.25 billion current LCU | 6.65 trillion current LCU | 10 |
| 2010s | 13.44 trillion current LCU | 7.00 trillion current LCU | 18.06 trillion current LCU | 7 |
Countries ranked near Lao People's Democratic Republic
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)
- Net primary income (Net income from abroad) (current LCU), annual 0.7775 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 10.91 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1065 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 247.52 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 12.43 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 2,177 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 5.06 million current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (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 18.06 trillion current 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 18.06 trillion current LCU in 2016.
- What is the lowest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 4.00 billion current LCU in 1984.
- How does Lao People's Democratic Republic rank for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 23rd out of 186 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 579.9%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.