Gross national expenditure (constant LCU), per unit of GDP in Laos
Laos: Gross national expenditure (constant LCU), per unit of GDP was 7,831 constant LCU per US$ of GDP in 2016. ▼ Falling
Gross national expenditure (constant LCU), per unit of GDP in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2016, gross national expenditure (constant lcu), per unit of gdp in Laos stood at 7,831 constant LCU per US$ of GDP. That is the lowest value across all 17 years on record.
Compared with earlier readings it is down 5.2% on the previous year and down 50.7% over ten years.
Over the whole period, gross national expenditure (constant lcu), per unit of gdp in Laos peaked at 20,895 constant LCU per US$ of GDP in 2002 and was at its lowest, 7,831 constant LCU per US$ of GDP, in 2016.
That places Laos 5th out of 169 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Gross national expenditure (constant LCU), per unit of GDP in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 16,894 constant LCU per US$ of GDP | — |
| 2001 | 19,302 constant LCU per US$ of GDP | +14.3% |
| 2002 | 20,895 constant LCU per US$ of GDP | +8.3% |
| 2003 | 20,002 constant LCU per US$ of GDP | -4.3% |
| 2004 | 19,386 constant LCU per US$ of GDP | -3.1% |
| 2005 | 18,217 constant LCU per US$ of GDP | -6.0% |
| 2006 | 15,893 constant LCU per US$ of GDP | -12.8% |
| 2007 | 14,338 constant LCU per US$ of GDP | -9.8% |
| 2008 | 12,375 constant LCU per US$ of GDP | -13.7% |
| 2009 | 12,568 constant LCU per US$ of GDP | +1.6% |
| 2010 | 10,985 constant LCU per US$ of GDP | -12.6% |
| 2011 | 9,616 constant LCU per US$ of GDP | -12.5% |
| 2012 | 9,803 constant LCU per US$ of GDP | +1.9% |
| 2013 | 8,935 constant LCU per US$ of GDP | -8.9% |
| 2014 | 8,478 constant LCU per US$ of GDP | -5.1% |
| 2015 | 8,260 constant LCU per US$ of GDP | -2.6% |
| 2016 | 7,831 constant LCU per US$ of GDP | -5.2% |
Laos compared with similar countries
- Laos's 7,831 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 68.74 constant LCU per US$ of GDP, 113.9× the median. (43 countries reporting)
- Laos's 7,831 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 4.38 constant LCU per US$ of GDP, 1789.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16,987 constant LCU per US$ of GDP | 12,375 constant LCU per US$ of GDP | 20,895 constant LCU per US$ of GDP | 10 |
| 2010s | 9,130 constant LCU per US$ of GDP | 7,831 constant LCU per US$ of GDP | 10,985 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 2 Somalia 40,583 constant LCU per US$ of GDP compare
- 3 Vietnam 13,095 constant LCU per US$ of GDP compare
- 4 Indonesia 8,805 constant LCU per US$ of GDP compare
- 6 Paraguay 5,266 constant LCU per US$ of GDP compare
- 7 Guinea 4,280 constant LCU per US$ of GDP compare
- 8 Cambodia 3,172 constant LCU 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure (constant lcu), per unit of gdp in Laos?
- Gross national expenditure (constant lcu), per unit of gdp in Laos was 7,831 constant LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest gross national expenditure (constant lcu), per unit of gdp recorded in Laos?
- The highest recorded value was 20,895 constant LCU per US$ of GDP in 2002.
- What is the lowest gross national expenditure (constant lcu), per unit of gdp recorded in Laos?
- The lowest recorded value was 7,831 constant LCU per US$ of GDP in 2016.
- How does Laos rank for gross national expenditure (constant lcu), per unit of gdp?
- Laos ranks 5th out of 169 countries with data for 2016.
- Is gross national expenditure (constant lcu), per unit of gdp rising or falling in Laos?
- Over the last ten years it is down 50.7%. 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 Gross national expenditure (constant LCU), 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
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross national expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- 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
Gross national expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.