Government spending vs. GDP, per unit of GDP in Laos
Laos: Government spending vs. GDP, per unit of GDP was 0.1365 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Government spending vs. GDP, per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for government spending vs. gdp, per unit of gdp in Laos is 0.1365 constant 2015 US$ per US$ of GDP, measured in 2016.
Compared with earlier readings it is down 9.7% on the previous year and down 16.1% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in Laos peaked at 0.2419 constant 2015 US$ per US$ of GDP in 2002 and was at its lowest, 0.1188 constant 2015 US$ per US$ of GDP, in 2008.
Laos ranks 70th of 166 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Government spending vs. GDP, per unit of GDP in Laos, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 0.1449 constant 2015 US$ per US$ of GDP | — |
| 2001 | 0.1622 constant 2015 US$ per US$ of GDP | +12.0% |
| 2002 | 0.2419 constant 2015 US$ per US$ of GDP | +49.1% |
| 2003 | 0.1925 constant 2015 US$ per US$ of GDP | -20.4% |
| 2004 | 0.1843 constant 2015 US$ per US$ of GDP | -4.2% |
| 2005 | 0.1865 constant 2015 US$ per US$ of GDP | +1.2% |
| 2006 | 0.1626 constant 2015 US$ per US$ of GDP | -12.8% |
| 2007 | 0.1447 constant 2015 US$ per US$ of GDP | -11.0% |
| 2008 | 0.1188 constant 2015 US$ per US$ of GDP | -17.9% |
| 2009 | 0.2055 constant 2015 US$ per US$ of GDP | +73.0% |
| 2010 | 0.1637 constant 2015 US$ per US$ of GDP | -20.4% |
| 2011 | 0.1505 constant 2015 US$ per US$ of GDP | -8.0% |
| 2012 | 0.1533 constant 2015 US$ per US$ of GDP | +1.8% |
| 2013 | 0.1787 constant 2015 US$ per US$ of GDP | +16.6% |
| 2014 | 0.1563 constant 2015 US$ per US$ of GDP | -12.6% |
| 2015 | 0.1511 constant 2015 US$ per US$ of GDP | -3.3% |
| 2016 | 0.1365 constant 2015 US$ per US$ of GDP | -9.7% |
Laos compared with similar countries
- Laos's 0.1365 constant 2015 US$ per US$ of GDP is above the median for lower middle income countries, which is 0.1095 constant 2015 US$ per US$ of GDP, 1.2× the median. (42 countries reporting)
- Laos's 0.1365 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.1455 constant 2015 US$ per US$ of GDP, 94% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP, per unit of GDP 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 | +73.0% | 0.1188 constant 2015 US$ per US$ of GDP | 0.2055 constant 2015 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1744 constant 2015 US$ per US$ of GDP | 0.1188 constant 2015 US$ per US$ of GDP | 0.2419 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1557 constant 2015 US$ per US$ of GDP | 0.1365 constant 2015 US$ per US$ of GDP | 0.1787 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Laos
- 67 Bahamas 0.1381 constant 2015 US$ per US$ of GDP compare
- 68 Chile 0.1366 constant 2015 US$ per US$ of GDP compare
- 69 Colombia 0.1365 constant 2015 US$ per US$ of GDP compare
- 71 Slovenia 0.1337 constant 2015 US$ per US$ of GDP compare
- 72 Latvia 0.1331 constant 2015 US$ per US$ of GDP compare
- 73 Thailand 0.1317 constant 2015 US$ per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is government spending vs. gdp, per unit of gdp in Laos?
- Government spending vs. gdp, per unit of gdp in Laos was 0.1365 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in Laos?
- The highest recorded value was 0.2419 constant 2015 US$ per US$ of GDP in 2002.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in Laos?
- The lowest recorded value was 0.1188 constant 2015 US$ per US$ of GDP in 2008.
- How does Laos rank for government spending vs. gdp, per unit of gdp?
- Laos ranks 70th out of 166 countries with data for 2016.
- Is government spending vs. gdp, per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is falling.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
- GDP 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
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.