Gross national expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross national expenditure was 124.61 trillion constant LCU 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 LCU.
Analysis
The most recent figure for gross national expenditure in Lao People's Democratic Republic is 124.61 trillion constant LCU, measured 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 124.61 trillion constant LCU in 2016 and was at its lowest, 29.25 trillion constant LCU, in 2000.
That places Lao People's Democratic Republic 16th out of 168 countries with data for 2016, putting it in the top 10%.
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 LCU | Change |
|---|---|---|
| 2000 | 29.25 trillion constant LCU | — |
| 2001 | 34.14 trillion constant LCU | +16.7% |
| 2002 | 36.74 trillion constant LCU | +7.6% |
| 2003 | 40.47 trillion constant LCU | +10.2% |
| 2004 | 45.87 trillion constant LCU | +13.4% |
| 2005 | 49.83 trillion constant LCU | +8.6% |
| 2006 | 54.91 trillion constant LCU | +10.2% |
| 2007 | 60.55 trillion constant LCU | +10.3% |
| 2008 | 67.40 trillion constant LCU | +11.3% |
| 2009 | 73.35 trillion constant LCU | +8.8% |
| 2010 | 78.34 trillion constant LCU | +6.8% |
| 2011 | 84.14 trillion constant LCU | +7.4% |
| 2012 | 99.92 trillion constant LCU | +18.7% |
| 2013 | 107.07 trillion constant LCU | +7.2% |
| 2014 | 112.58 trillion constant LCU | +5.1% |
| 2015 | 119.16 trillion constant LCU | +5.9% |
| 2016 | 124.61 trillion constant LCU | +4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.25 trillion constant LCU | 29.25 trillion constant LCU | 73.35 trillion constant LCU | 10 |
| 2010s | 103.69 trillion constant LCU | 78.34 trillion constant LCU | 124.61 trillion constant LCU | 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)
- Gross domestic savings (current US$), annual growth rate 64.16 % change on previous year (2016)
- Gross domestic savings (current US$), per unit of GDP 0.2033 current US$ per US$ of GDP (2016)
- Gross domestic savings (current US$), per capita 468.35 current US$ per person (2016)
- Gross domestic savings (current LCU), annual growth rate 64.09 % change on previous year (2016)
- Gross domestic savings (current LCU), per unit of GDP 1,652 current LCU per US$ of GDP (2016)
- Gross domestic savings (current LCU), per capita 3.81 million current LCU per person (2016)
- 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)
Frequently asked questions
- What is gross national expenditure in Lao People's Democratic Republic?
- Gross national expenditure in Lao People's Democratic Republic was 124.61 trillion constant LCU 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 124.61 trillion constant LCU in 2016.
- What is the lowest gross national expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 29.25 trillion constant LCU in 2000.
- How does Lao People's Democratic Republic rank for gross national expenditure?
- Lao People's Democratic Republic ranks 16th out of 168 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 LCU). 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 varies by country. This series is expressed in local currency units.