Households and NPISHs Final consumption expenditure (constant 2015) in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure (constant 2015) was 0.675 constant 2015 US$ per US$ of GDP in 2016. ▼ Falling
Households and NPISHs Final consumption expenditure (constant 2015) in Lao People's Democratic Republic, 2000–2016
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Lao People's Democratic Republic recorded 0.675 constant 2015 US$ per US$ of GDP for households and npishs final consumption expenditure (constant 2015) in 2016. That is the lowest value across all 17 years on record.
The figure is down 5.2% on the previous year and down 55.6% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant 2015) in Lao People's Democratic Republic peaked at 2.11 constant 2015 US$ per US$ of GDP in 2001 and was at its lowest, 0.675 constant 2015 US$ per US$ of GDP, in 2016.
Lao People's Democratic Republic ranks 23rd of 172 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Households and NPISHs Final consumption expenditure (constant 2015) in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.81 constant 2015 US$ per US$ of GDP | — |
| 2001 | 2.11 constant 2015 US$ per US$ of GDP | +16.9% |
| 2002 | 2.1 constant 2015 US$ per US$ of GDP | -0.6% |
| 2003 | 2.1 constant 2015 US$ per US$ of GDP | -0.0% |
| 2004 | 1.98 constant 2015 US$ per US$ of GDP | -5.4% |
| 2005 | 1.83 constant 2015 US$ per US$ of GDP | -7.6% |
| 2006 | 1.52 constant 2015 US$ per US$ of GDP | -17.1% |
| 2007 | 1.25 constant 2015 US$ per US$ of GDP | -17.8% |
| 2008 | 1.13 constant 2015 US$ per US$ of GDP | -9.2% |
| 2009 | 1.1 constant 2015 US$ per US$ of GDP | -2.7% |
| 2010 | 1.06 constant 2015 US$ per US$ of GDP | -3.9% |
| 2011 | 0.891 constant 2015 US$ per US$ of GDP | -15.9% |
| 2012 | 0.8789 constant 2015 US$ per US$ of GDP | -1.4% |
| 2013 | 0.7839 constant 2015 US$ per US$ of GDP | -10.8% |
| 2014 | 0.7405 constant 2015 US$ per US$ of GDP | -5.5% |
| 2015 | 0.7123 constant 2015 US$ per US$ of GDP | -3.8% |
| 2016 | 0.675 constant 2015 US$ per US$ of GDP | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.69 constant 2015 US$ per US$ of GDP | 1.1 constant 2015 US$ per US$ of GDP | 2.11 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.8201 constant 2015 US$ per US$ of GDP | 0.675 constant 2015 US$ per US$ of GDP | 1.06 constant 2015 US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 20 Philippines 0.6965 constant 2015 US$ per US$ of GDP compare
- 21 Comoros 0.6889 constant 2015 US$ per US$ of GDP compare
- 22 Puerto Rico 0.6849 constant 2015 US$ per US$ of GDP compare
- 24 Djibouti 0.6731 constant 2015 US$ per US$ of GDP
- 25 Nepal 0.6717 constant 2015 US$ per US$ of GDP compare
- 26 Timor-Leste 0.6678 constant 2015 US$ per US$ of GDP 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)
- Total reserves minus gold (current US$), annual growth rate 25.05 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.1341 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 284.82 current US$ per person (2024)
- General government final consumption expenditure (current US$) 2.01 % change on previous year (2016)
- General government final consumption expenditure (current US$), per 0.1397 current US$ per US$ of GDP (2016)
- General government final consumption expenditure (current US$), per 321.78 current US$ per person (2016)
- General government final consumption expenditure (current LCU) 1.97 % change on previous year (2016)
- General government final consumption expenditure (current LCU), per 1,135 current LCU per US$ of GDP (2016)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant 2015) in Lao People's Democratic Republic?
- Households and npishs final consumption expenditure (constant 2015) in Lao People's Democratic Republic was 0.675 constant 2015 US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant 2015) recorded in Lao People's Democratic Republic?
- The highest recorded value was 2.11 constant 2015 US$ per US$ of GDP in 2001.
- What is the lowest households and npishs final consumption expenditure (constant 2015) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.675 constant 2015 US$ per US$ of GDP in 2016.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure (constant 2015)?
- Lao People's Democratic Republic ranks 23rd out of 172 countries with data for 2016.
- Is households and npishs final consumption expenditure (constant 2015) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 55.6%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.