Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure was 10.74 billion constant 2015 US$ in 2016. ▲ Rising
Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2016, households and npishs final consumption expenditure in Lao People's Democratic Republic stood at 10.74 billion constant 2015 US$. That is the highest value across all 17 years on record.
That represents a change of up 4.5% on the previous year and up 104.6% over ten years.
Over the whole period, households and npishs final consumption expenditure in Lao People's Democratic Republic peaked at 10.74 billion constant 2015 US$ in 2016 and was at its lowest, 3.13 billion constant 2015 US$, in 2000.
That places Lao People's Democratic Republic 125th out of 171 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 3.13 billion constant 2015 US$ | — |
| 2001 | 3.73 billion constant 2015 US$ | +19.4% |
| 2002 | 3.69 billion constant 2015 US$ | -1.2% |
| 2003 | 4.24 billion constant 2015 US$ | +15.1% |
| 2004 | 4.69 billion constant 2015 US$ | +10.6% |
| 2005 | 5.02 billion constant 2015 US$ | +6.9% |
| 2006 | 5.25 billion constant 2015 US$ | +4.6% |
| 2007 | 5.28 billion constant 2015 US$ | +0.5% |
| 2008 | 6.18 billion constant 2015 US$ | +17.1% |
| 2009 | 6.44 billion constant 2015 US$ | +4.2% |
| 2010 | 7.55 billion constant 2015 US$ | +17.4% |
| 2011 | 7.80 billion constant 2015 US$ | +3.2% |
| 2012 | 8.96 billion constant 2015 US$ | +14.9% |
| 2013 | 9.39 billion constant 2015 US$ | +4.9% |
| 2014 | 9.83 billion constant 2015 US$ | +4.7% |
| 2015 | 10.28 billion constant 2015 US$ | +4.5% |
| 2016 | 10.74 billion constant 2015 US$ | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.76 billion constant 2015 US$ | 3.13 billion constant 2015 US$ | 6.44 billion constant 2015 US$ | 10 |
| 2010s | 9.22 billion constant 2015 US$ | 7.55 billion constant 2015 US$ | 10.74 billion constant 2015 US$ | 7 |
Countries ranked near Lao People's Democratic Republic
- 122 Madagascar 11.02 billion constant 2015 US$ compare
- 123 Guinea 10.90 billion constant 2015 US$ compare
- 124 Palestine, State of 10.84 billion constant 2015 US$ compare
- 126 Mauritius 9.80 billion constant 2015 US$ compare
- 127 Malta 9.59 billion constant 2015 US$ compare
- 128 North Macedonia 9.26 billion constant 2015 US$ 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)
- Services, value added (constant LCU), per capita 7.46 million constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 7.55 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.91 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8935 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 2,077 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 12.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 18,267 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 42.47 million current LCU per person (2025)
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 10.74 billion constant 2015 US$ 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 10.74 billion constant 2015 US$ in 2016.
- What is the lowest households and npishs final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 3.13 billion constant 2015 US$ in 2000.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure?
- Lao People's Democratic Republic ranks 125th out of 171 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 up 104.6%. 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 Households and NPISHs Final consumption expenditure (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.