Households and NPISHs Final consumption expenditure (constant LCU) in Laos
Laos: Households and NPISHs Final consumption expenditure (constant LCU) was 10.84 million constant LCU per person in 2016. ▲ Rising
Households and NPISHs Final consumption expenditure (constant LCU) in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Laos recorded 10.84 million constant LCU per person for households and npishs final consumption expenditure (constant lcu) in 2016. That is the highest value across all 17 years on record.
The figure is up 2.9% on the previous year and up 76.6% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant lcu) in Laos peaked at 10.84 million constant LCU per person in 2016 and was at its lowest, 4.01 million constant LCU per person, in 2000.
That places Laos 8th out of 179 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.
Households and NPISHs Final consumption expenditure (constant LCU) in Laos, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2000 | 4.01 million constant LCU per person | — |
| 2001 | 4.71 million constant LCU per person | +17.4% |
| 2002 | 4.58 million constant LCU per person | -2.8% |
| 2003 | 5.19 million constant LCU per person | +13.3% |
| 2004 | 5.66 million constant LCU per person | +9.0% |
| 2005 | 5.96 million constant LCU per person | +5.3% |
| 2006 | 6.14 million constant LCU per person | +3.0% |
| 2007 | 6.07 million constant LCU per person | -1.0% |
| 2008 | 7.00 million constant LCU per person | +15.3% |
| 2009 | 7.19 million constant LCU per person | +2.7% |
| 2010 | 8.31 million constant LCU per person | +15.7% |
| 2011 | 8.46 million constant LCU per person | +1.7% |
| 2012 | 9.58 million constant LCU per person | +13.3% |
| 2013 | 9.90 million constant LCU per person | +3.4% |
| 2014 | 10.22 million constant LCU per person | +3.2% |
| 2015 | 10.53 million constant LCU per person | +3.0% |
| 2016 | 10.84 million constant LCU per person | +2.9% |
Laos compared with similar countries
- Laos's 10.84 million constant LCU per person is above the median for lower middle income countries, which is 96,801 constant LCU per person, 112.0× the median. (44 countries reporting)
- Laos's 10.84 million constant LCU per person is above the median for East Asia & Pacific, which is 37,069 constant LCU per person, 292.3× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.65 million constant LCU per person | 4.01 million constant LCU per person | 7.19 million constant LCU per person | 10 |
| 2010s | 9.69 million constant LCU per person | 8.31 million constant LCU per person | 10.84 million constant LCU per person | 7 |
Countries ranked near Laos
- 5 South Korea 21.51 million constant LCU per person compare
- 6 Somalia 20.51 million constant LCU per person compare
- 7 Colombia 14.68 million constant LCU per person compare
- 9 Lebanon 8.48 million constant LCU per person compare
- 10 Mongolia 7.02 million constant LCU per person compare
- 11 Chile 6.70 million constant LCU per person compare
More economy & growth data for Laos
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6,670 BoP, current US$ (2022)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2022)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0009 BoP, current US$ per person (2022)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 988.46 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -44.51 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0599 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 127.22 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant lcu) in Laos?
- Households and npishs final consumption expenditure (constant lcu) in Laos was 10.84 million constant LCU per person in 2016, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Laos?
- The highest recorded value was 10.84 million constant LCU per person in 2016.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Laos?
- The lowest recorded value was 4.01 million constant LCU per person in 2000.
- How does Laos rank for households and npishs final consumption expenditure (constant lcu)?
- Laos ranks 8th out of 179 countries with data for 2016.
- Is households and npishs final consumption expenditure (constant lcu) rising or falling in Laos?
- Over the last ten years it is up 76.6%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Statizoid (derived), published as part of Households and NPISHs Final consumption expenditure (constant LCU), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) divided by Population, total, 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 LCU) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.