General government final consumption expenditure (current US$) in Laos
Laos: General government final consumption expenditure (current US$) was 2.22 billion current US$ in 2016. ◆ Volatile
General government final consumption expenditure in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Laos is 2.22 billion current US$, measured in 2016. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 749.7% over ten years.
Over the whole period, general government final consumption expenditure in Laos peaked at 2.22 billion current US$ in 2016 and was at its lowest, 65.05 million current US$, in 1988.
Laos ranks 135th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Laos, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 114.29 million current US$ | — |
| 1985 | 206.67 million current US$ | +80.8% |
| 1986 | 153.68 million current US$ | -25.6% |
| 1987 | 90.23 million current US$ | -41.3% |
| 1988 | 65.05 million current US$ | -27.9% |
| 2000 | 111.86 million current US$ | +72.0% |
| 2001 | 114.73 million current US$ | +2.6% |
| 2002 | 156.53 million current US$ | +36.4% |
| 2003 | 154.96 million current US$ | -1.0% |
| 2004 | 183.28 million current US$ | +18.3% |
| 2005 | 223.37 million current US$ | +21.9% |
| 2006 | 261.63 million current US$ | +17.1% |
| 2007 | 334.31 million current US$ | +27.8% |
| 2008 | 423.33 million current US$ | +26.6% |
| 2009 | 780.84 million current US$ | +84.5% |
| 2010 | 848.55 million current US$ | +8.7% |
| 2011 | 1.01 billion current US$ | +19.3% |
| 2012 | 1.37 billion current US$ | +35.1% |
| 2013 | 2.05 billion current US$ | +49.6% |
| 2014 | 2.02 billion current US$ | -1.5% |
| 2015 | 2.18 billion current US$ | +8.1% |
| 2016 | 2.22 billion current US$ | +2.0% |
Laos compared with similar countries
- Laos's 2.22 billion current US$ is below the median for lower middle income countries, which is 2.90 billion current US$, 77% of the median. (45 countries reporting)
- Laos's 2.22 billion current US$ is below the median for East Asia & Pacific, which is 3.58 billion current US$, 62% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 125.98 million current US$ | 65.05 million current US$ | 206.67 million current US$ | 5 |
| 2000s | 274.48 million current US$ | 111.86 million current US$ | 780.84 million current US$ | 10 |
| 2010s | 1.67 billion current US$ | 848.55 million current US$ | 2.22 billion current US$ | 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 2.22 billion current US$ 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 2.22 billion current US$ in 2016.
- What is the lowest general government final consumption expenditure recorded in Laos?
- The lowest recorded value was 65.05 million current US$ in 1988.
- How does Laos rank for general government final consumption expenditure?
- Laos ranks 135th out of 187 countries with data for 2016.
- Is general government final consumption expenditure rising or falling in Laos?
- Over the last ten years it is up 749.7%. 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 (current US$). 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 indicator is expressed in United States dollars.