Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure was 4.5% in 2016. ◆ Volatile
Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic, 2001–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2016, households and npishs final consumption expenditure in Lao People's Democratic Republic stood at 4.5%.
Compared with earlier readings it is up 0.6% on the previous year and down 2.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Lao People's Democratic Republic peaked at 19.4% in 2001 and was at its lowest, -1.2%, in 2002.
That places Lao People's Democratic Republic 55th out of 177 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 19.4% | — |
| 2002 | -1.2% | -106.2% |
| 2003 | 15.1% | -1357.4% |
| 2004 | 10.6% | -29.7% |
| 2005 | 6.9% | -35.3% |
| 2006 | 4.6% | -32.3% |
| 2007 | 0.5% | -89.2% |
| 2008 | 17.1% | +3293.7% |
| 2009 | 4.2% | -75.3% |
| 2010 | 17.4% | +312.5% |
| 2011 | 3.2% | -81.6% |
| 2012 | 14.9% | +365.3% |
| 2013 | 4.9% | -67.3% |
| 2014 | 4.7% | -4.1% |
| 2015 | 4.5% | -3.6% |
| 2016 | 4.5% | +0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.6% | -1.2% | 19.4% | 9 |
| 2010s | 7.7% | 3.2% | 17.4% | 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)
- Gross capital formation (current US$), annual growth rate 1.39 % change on previous year (2016)
- Gross capital formation (current US$), per unit of GDP 0.2901 current US$ per US$ of GDP (2016)
- Gross capital formation (current US$), per capita 668.11 current US$ per person (2016)
- Gross capital formation (current LCU), annual growth rate 1.35 % change on previous year (2016)
- Gross capital formation (current LCU), per unit of GDP 2,357 current LCU per US$ of GDP (2016)
- Gross capital formation (current LCU), per capita 5.43 million current LCU per person (2016)
- Gross capital formation (constant 2015 US$), annual growth rate 7 % change on previous year (2016)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3061 constant 2015 US$ per US$ of GDP (2016)
Frequently asked questions
- What is households and npishs final consumption expenditure in Lao People's Democratic Republic?
- Households and npishs final consumption expenditure in Lao People's Democratic Republic was 4.5% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in Lao People's Democratic Republic?
- The highest recorded value was 19.4% in 2001.
- What is the lowest households and npishs final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was -1.2% in 2002.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure?
- Lao People's Democratic Republic ranks 55th out of 177 countries with data for 2016.
- Is households and npishs final consumption expenditure rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is volatile.
- 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 Households and NPISHs Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.