Households and NPISHs Final consumption expenditure (constant LCU) in Laos
Laos: Households and NPISHs Final consumption expenditure (constant LCU) was 4,705 constant LCU per US$ of GDP in 2016. ▼ Falling
Households and NPISHs Final consumption expenditure (constant LCU) in Laos, 2000–2016
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2016, households and npishs final consumption expenditure (constant lcu) in Laos stood at 4,705 constant LCU per US$ of GDP. 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 lcu) in Laos peaked at 14,713 constant LCU per US$ of GDP in 2001 and was at its lowest, 4,705 constant LCU per US$ of GDP, in 2016.
That places Laos 5th out of 179 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently falling across the 17 years of available data.
Households and NPISHs Final consumption expenditure (constant LCU) in Laos, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 12,590 constant LCU per US$ of GDP | — |
| 2001 | 14,713 constant LCU per US$ of GDP | +16.9% |
| 2002 | 14,622 constant LCU per US$ of GDP | -0.6% |
| 2003 | 14,622 constant LCU per US$ of GDP | -0.0% |
| 2004 | 13,828 constant LCU per US$ of GDP | -5.4% |
| 2005 | 12,782 constant LCU per US$ of GDP | -7.6% |
| 2006 | 10,590 constant LCU per US$ of GDP | -17.1% |
| 2007 | 8,707 constant LCU per US$ of GDP | -17.8% |
| 2008 | 7,903 constant LCU per US$ of GDP | -9.2% |
| 2009 | 7,686 constant LCU per US$ of GDP | -2.7% |
| 2010 | 7,383 constant LCU per US$ of GDP | -3.9% |
| 2011 | 6,211 constant LCU per US$ of GDP | -15.9% |
| 2012 | 6,126 constant LCU per US$ of GDP | -1.4% |
| 2013 | 5,464 constant LCU per US$ of GDP | -10.8% |
| 2014 | 5,161 constant LCU per US$ of GDP | -5.5% |
| 2015 | 4,965 constant LCU per US$ of GDP | -3.8% |
| 2016 | 4,705 constant LCU per US$ of GDP | -5.2% |
Laos compared with similar countries
- Laos's 4,705 constant LCU per US$ of GDP is above the median for lower middle income countries, which is 36.77 constant LCU per US$ of GDP, 127.9× the median. (44 countries reporting)
- Laos's 4,705 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.23 constant LCU per US$ of GDP, 2110.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11,804 constant LCU per US$ of GDP | 7,686 constant LCU per US$ of GDP | 14,713 constant LCU per US$ of GDP | 10 |
| 2010s | 5,717 constant LCU per US$ of GDP | 4,705 constant LCU per US$ of GDP | 7,383 constant LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 2 Somalia 31,015 constant LCU per US$ of GDP compare
- 3 Vietnam 7,125 constant LCU per US$ of GDP compare
- 4 Indonesia 5,069 constant LCU per US$ of GDP compare
- 6 Paraguay 3,306 constant LCU per US$ of GDP compare
- 7 Guinea 2,061 constant LCU per US$ of GDP compare
- 8 Cambodia 1,917 constant LCU per US$ of GDP 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant lcu) in Laos?
- Households and npishs final consumption expenditure (constant lcu) in Laos was 4,705 constant LCU per US$ of GDP 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 14,713 constant LCU per US$ of GDP in 2001.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Laos?
- The lowest recorded value was 4,705 constant LCU per US$ of GDP in 2016.
- How does Laos rank for households and npishs final consumption expenditure (constant lcu)?
- Laos ranks 5th 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 down 55.6%. The long-run trend across the full record is falling.
- 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 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.