Gross national expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Gross national expenditure was 108.7% in 2016. ▲ Rising
Gross national expenditure in Lao People's Democratic Republic, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross national expenditure in Lao People's Democratic Republic is 108.7%, measured in 2016.
Compared with earlier readings it is down 7.8% on the previous year and up 2.9% over ten years.
Over the whole period, gross national expenditure in Lao People's Democratic Republic peaked at 122.4% in 2012 and was at its lowest, 103.6%, in 1984.
That places Lao People's Democratic Republic 61st out of 186 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Gross national expenditure in Lao People's Democratic Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1984 | 103.6% | — |
| 1985 | 105.7% | +2.1% |
| 1986 | 104.1% | -1.6% |
| 1987 | 107.9% | +3.7% |
| 1988 | 118.3% | +9.6% |
| 2000 | 107.5% | -9.1% |
| 2001 | 110.2% | +2.5% |
| 2002 | 109.8% | -0.4% |
| 2003 | 113.6% | +3.5% |
| 2004 | 116.3% | +2.4% |
| 2005 | 113.9% | -2.1% |
| 2006 | 105.7% | -7.2% |
| 2007 | 112.0% | +6.0% |
| 2008 | 115.5% | +3.2% |
| 2009 | 116.8% | +1.1% |
| 2010 | 114.0% | -2.4% |
| 2011 | 105.4% | -7.5% |
| 2012 | 122.4% | +16.1% |
| 2013 | 121.8% | -0.5% |
| 2014 | 117.6% | -3.5% |
| 2015 | 117.9% | +0.3% |
| 2016 | 108.7% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 107.9% | 103.6% | 118.3% | 5 |
| 2000s | 112.1% | 105.7% | 116.8% | 10 |
| 2010s | 115.4% | 105.4% | 122.4% | 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)
- Exports of goods and services (current LCU), annual growth rate 7.85 % change on previous year (2016)
- Exports of goods and services (current LCU), per unit of GDP 2,698 current LCU per US$ of GDP (2016)
- Exports of goods and services (current LCU), per capita 6.21 million current LCU per person (2016)
- Exports of goods and services (constant 2015 US$), annual growth rate 10.46 % change on previous year (2016)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.34 constant 2015 US$ per US$ of GDP (2016)
- Exports of goods and services (constant 2015 US$), per capita 783.11 constant 2015 US$ per person (2016)
- Gross fixed capital formation (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross fixed capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
Frequently asked questions
- What is gross national expenditure in Lao People's Democratic Republic?
- Gross national expenditure in Lao People's Democratic Republic was 108.7% 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 122.4% in 2012.
- What is the lowest gross national expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 103.6% in 1984.
- How does Lao People's Democratic Republic rank for gross national expenditure?
- Lao People's Democratic Republic ranks 61st out of 186 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 2.9%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.