Households and NPISHs Final consumption expenditure in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure was 74.87 trillion constant LCU 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 LCU.
Analysis
The most recent figure for households and npishs final consumption expenditure in Lao People's Democratic Republic is 74.87 trillion constant LCU, measured in 2016. That is the highest value across all 17 years on record.
The figure is 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 74.87 trillion constant LCU in 2016 and was at its lowest, 21.80 trillion constant LCU, in 2000.
That places Lao People's Democratic Republic 16th out of 178 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 in Lao People's Democratic Republic, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2000 | 21.80 trillion constant LCU | — |
| 2001 | 26.02 trillion constant LCU | +19.4% |
| 2002 | 25.71 trillion constant LCU | -1.2% |
| 2003 | 29.58 trillion constant LCU | +15.1% |
| 2004 | 32.72 trillion constant LCU | +10.6% |
| 2005 | 34.97 trillion constant LCU | +6.9% |
| 2006 | 36.59 trillion constant LCU | +4.6% |
| 2007 | 36.77 trillion constant LCU | +0.5% |
| 2008 | 43.05 trillion constant LCU | +17.1% |
| 2009 | 44.86 trillion constant LCU | +4.2% |
| 2010 | 52.66 trillion constant LCU | +17.4% |
| 2011 | 54.34 trillion constant LCU | +3.2% |
| 2012 | 62.44 trillion constant LCU | +14.9% |
| 2013 | 65.48 trillion constant LCU | +4.9% |
| 2014 | 68.54 trillion constant LCU | +4.7% |
| 2015 | 71.63 trillion constant LCU | +4.5% |
| 2016 | 74.87 trillion constant LCU | +4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.21 trillion constant LCU | 21.80 trillion constant LCU | 44.86 trillion constant LCU | 10 |
| 2010s | 64.28 trillion constant LCU | 52.66 trillion constant LCU | 74.87 trillion constant LCU | 7 |
Countries ranked near Lao People's Democratic Republic
- 13 Cambodia 98.28 trillion constant LCU compare
- 14 Iraq 96.12 trillion constant LCU compare
- 15 Tanzania, United Republic of 81.79 trillion constant LCU compare
- 17 Russian Federation 62.18 trillion constant LCU compare
- 18 Guinea 58.43 trillion constant LCU compare
- 19 China 52.23 trillion constant LCU 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 74.87 trillion constant LCU 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 74.87 trillion constant LCU in 2016.
- What is the lowest households and npishs final consumption expenditure recorded in Lao People's Democratic Republic?
- The lowest recorded value was 21.80 trillion constant LCU in 2000.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure?
- Lao People's Democratic Republic ranks 16th out of 178 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 LCU). 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 varies by country. This series is expressed in local currency units.