General government final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: General government final consumption expenditure was 2.22 billion current US$ in 2016. β Volatile
General government final consumption expenditure in Lao People's Democratic Republic, 1984β2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for general government final consumption expenditure in Lao People's Democratic Republic is 2.22 billion current US$, 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 Lao People's Democratic Republic peaked at 2.22 billion current US$ in 2016 and was at its lowest, 65.05 million current US$, in 1988.
Lao People's Democratic Republic ranks 135th of 186 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 125.98 million current US$ | 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 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 27,924 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 20,390 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0 (2025)
- Gdp worldbank constant usd, annual growth rate 4.54 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 1.21 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 2,807 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units 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 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 Lao People's Democratic Republic?
- The highest recorded value was 2.22 billion current US$ in 2016.
- What is the lowest general government final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 65.05 million current US$ in 1988.
- How does Lao People's Democratic Republic rank for general government final consumption expenditure?
- Lao People's Democratic Republic ranks 135th 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 749.7%. 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 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.