Gross national expenditure (constant 2015 US$), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross national expenditure (constant 2015 US$), annual growth rate was 4.56 % change on previous year in 2016. ▼ Falling
Gross national expenditure (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, 2001–2016
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 4.56 % change on previous year for gross national expenditure (constant 2015 us$), annual growth rate in 2016. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 21.8% on the previous year and down 54.9% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Lao People's Democratic Republic peaked at 18.71 % change on previous year in 2012 and was at its lowest, 4.56 % change on previous year, in 2016.
Lao People's Democratic Republic ranks 65th of 163 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 16 years of available data.
Gross national expenditure (constant 2015 US$), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 16.76 % change on previous year | — |
| 2002 | 7.55 % change on previous year | -55.0% |
| 2003 | 10.19 % change on previous year | +35.0% |
| 2004 | 13.32 % change on previous year | +30.7% |
| 2005 | 8.62 % change on previous year | -35.3% |
| 2006 | 10.13 % change on previous year | +17.5% |
| 2007 | 10.17 % change on previous year | +0.4% |
| 2008 | 11.35 % change on previous year | +11.6% |
| 2009 | 8.86 % change on previous year | -22.0% |
| 2010 | 6.9 % change on previous year | -22.1% |
| 2011 | 7.37 % change on previous year | +6.8% |
| 2012 | 18.71 % change on previous year | +153.9% |
| 2013 | 7.19 % change on previous year | -61.6% |
| 2014 | 5.12 % change on previous year | -28.7% |
| 2015 | 5.84 % change on previous year | +14.0% |
| 2016 | 4.56 % change on previous year | -21.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.77 % change on previous year | 7.55 % change on previous year | 16.76 % change on previous year | 9 |
| 2010s | 7.95 % change on previous year | 4.56 % change on previous year | 18.71 % change on previous year | 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)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2016)
- Gross national expenditure (current US$), annual growth rate 1.67 % change on previous year (2016)
- Gross national expenditure (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2016)
- Gross national expenditure (current US$), per capita 2,503 current US$ per person (2016)
- Gross national expenditure (current LCU), annual growth rate 1.63 % change on previous year (2016)
- Gross national expenditure (current LCU), per unit of GDP 8,829 current LCU per US$ of GDP (2016)
- Gross national expenditure (current LCU), per capita 20.34 million current LCU per person (2016)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1.12 constant 2015 US$ per US$ of GDP (2016)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), annual growth rate in Lao People's Democratic Republic?
- Gross national expenditure (constant 2015 us$), annual growth rate in Lao People's Democratic Republic was 4.56 % change on previous year in 2016, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 18.71 % change on previous year in 2012.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was 4.56 % change on previous year in 2016.
- How does Lao People's Democratic Republic rank for gross national expenditure (constant 2015 us$), annual growth rate?
- Lao People's Democratic Republic ranks 65th out of 163 countries with data for 2016.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 54.9%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national 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 Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.