Gross national expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross national expenditure was 17.78 billion constant 2015 US$ in 2016. ▲ Rising
Gross national expenditure in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Lao People's Democratic Republic recorded 17.78 billion constant 2015 US$ for gross national expenditure in 2016. That is the highest value across all 17 years on record.
That represents a change of up 4.6% on the previous year and up 126.9% over ten years.
Over the whole period, gross national expenditure in Lao People's Democratic Republic peaked at 17.78 billion constant 2015 US$ in 2016 and was at its lowest, 4.18 billion constant 2015 US$, in 2000.
Lao People's Democratic Republic ranks 113th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Gross national expenditure in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 4.18 billion constant 2015 US$ | — |
| 2001 | 4.88 billion constant 2015 US$ | +16.8% |
| 2002 | 5.25 billion constant 2015 US$ | +7.5% |
| 2003 | 5.78 billion constant 2015 US$ | +10.2% |
| 2004 | 6.55 billion constant 2015 US$ | +13.3% |
| 2005 | 7.12 billion constant 2015 US$ | +8.6% |
| 2006 | 7.84 billion constant 2015 US$ | +10.1% |
| 2007 | 8.64 billion constant 2015 US$ | +10.2% |
| 2008 | 9.62 billion constant 2015 US$ | +11.4% |
| 2009 | 10.47 billion constant 2015 US$ | +8.9% |
| 2010 | 11.19 billion constant 2015 US$ | +6.9% |
| 2011 | 12.01 billion constant 2015 US$ | +7.4% |
| 2012 | 14.26 billion constant 2015 US$ | +18.7% |
| 2013 | 15.29 billion constant 2015 US$ | +7.2% |
| 2014 | 16.07 billion constant 2015 US$ | +5.1% |
| 2015 | 17.01 billion constant 2015 US$ | +5.8% |
| 2016 | 17.78 billion constant 2015 US$ | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.03 billion constant 2015 US$ | 4.18 billion constant 2015 US$ | 10.47 billion constant 2015 US$ | 10 |
| 2010s | 14.80 billion constant 2015 US$ | 11.19 billion constant 2015 US$ | 17.78 billion constant 2015 US$ | 7 |
Countries ranked near Lao People's Democratic Republic
- 110 Nicaragua 20.68 billion constant 2015 US$ compare
- 111 Botswana 20.32 billion constant 2015 US$ compare
- 112 Armenia 19.07 billion constant 2015 US$ compare
- 114 Tajikistan 17.70 billion constant 2015 US$ compare
- 115 Niger 17.66 billion constant 2015 US$ compare
- 116 Gabon 17.64 billion constant 2015 US$ compare
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)
- GNI, Atlas method (current US$), annual growth rate 9 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9247 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,150 current US$ per person (2025)
- GNI (current US$), annual growth rate 11.79 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.944 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,195 current US$ per person (2025)
- GNI (current LCU), annual growth rate 13.32 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 19,299 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Lao People's Democratic Republic?
- Gross national expenditure in Lao People's Democratic Republic was 17.78 billion constant 2015 US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Lao People's Democratic Republic?
- The highest recorded value was 17.78 billion constant 2015 US$ in 2016.
- What is the lowest gross national expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 4.18 billion constant 2015 US$ in 2000.
- How does Lao People's Democratic Republic rank for gross national expenditure?
- Lao People's Democratic Republic ranks 113th out of 162 countries with data for 2016.
- Is gross national expenditure rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 126.9%. The long-run trend across the full record is rising.
- 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.