Households and NPISHs Final consumption expenditure (current US$) in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure (current US$) was 0.6569 current US$ per US$ of GDP in 2016. ▼ Falling
Households and NPISHs Final consumption expenditure (current US$) in Lao People's Democratic Republic, 1984–2016
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Lao People's Democratic Republic recorded 0.6569 current US$ per US$ of GDP for households and npishs final consumption expenditure (current us$) in 2016. That is the lowest value across all 22 years on record.
The figure is down 7.8% on the previous year and down 3.4% over ten years.
Over the whole period, households and npishs final consumption expenditure (current us$) in Lao People's Democratic Republic peaked at 0.9391 current US$ per US$ of GDP in 1988 and was at its lowest, 0.6569 current US$ per US$ of GDP, in 2016.
That places Lao People's Democratic Republic 85th out of 190 countries with data for 2016, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Households and NPISHs Final consumption expenditure (current US$) in Lao People's Democratic Republic, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1984 | 0.9089 current US$ per US$ of GDP | — |
| 1985 | 0.8995 current US$ per US$ of GDP | -1.0% |
| 1986 | 0.8851 current US$ per US$ of GDP | -1.6% |
| 1987 | 0.8944 current US$ per US$ of GDP | +1.1% |
| 1988 | 0.9391 current US$ per US$ of GDP | +5.0% |
| 2000 | 0.8764 current US$ per US$ of GDP | -6.7% |
| 2001 | 0.9012 current US$ per US$ of GDP | +2.8% |
| 2002 | 0.7181 current US$ per US$ of GDP | -20.3% |
| 2003 | 0.7814 current US$ per US$ of GDP | +8.8% |
| 2004 | 0.7676 current US$ per US$ of GDP | -1.8% |
| 2005 | 0.7164 current US$ per US$ of GDP | -6.7% |
| 2006 | 0.6801 current US$ per US$ of GDP | -5.1% |
| 2007 | 0.7176 current US$ per US$ of GDP | +5.5% |
| 2008 | 0.7609 current US$ per US$ of GDP | +6.0% |
| 2009 | 0.6945 current US$ per US$ of GDP | -8.7% |
| 2010 | 0.7459 current US$ per US$ of GDP | +7.4% |
| 2011 | 0.658 current US$ per US$ of GDP | -11.8% |
| 2012 | 0.7651 current US$ per US$ of GDP | +16.3% |
| 2013 | 0.7411 current US$ per US$ of GDP | -3.1% |
| 2014 | 0.7257 current US$ per US$ of GDP | -2.1% |
| 2015 | 0.7123 current US$ per US$ of GDP | -1.8% |
| 2016 | 0.6569 current US$ per US$ of GDP | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9054 current US$ per US$ of GDP | 0.8851 current US$ per US$ of GDP | 0.9391 current US$ per US$ of GDP | 5 |
| 2000s | 0.7614 current US$ per US$ of GDP | 0.6801 current US$ per US$ of GDP | 0.9012 current US$ per US$ of GDP | 10 |
| 2010s | 0.715 current US$ per US$ of GDP | 0.6569 current US$ per US$ of GDP | 0.7651 current US$ per US$ of GDP | 7 |
Countries ranked near Lao People's Democratic Republic
- 82 Hong Kong, China 0.6621 current US$ per US$ of GDP compare
- 83 Paraguay 0.6597 current US$ per US$ of GDP compare
- 84 South Africa 0.6583 current US$ per US$ of GDP compare
- 86 New Caledonia 0.6568 current US$ per US$ of GDP compare
- 87 North Macedonia 0.6563 current US$ per US$ of GDP compare
- 88 Uganda 0.6521 current 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 (current us$) in Lao People's Democratic Republic?
- Households and npishs final consumption expenditure (current us$) in Lao People's Democratic Republic was 0.6569 current US$ per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (current us$) recorded in Lao People's Democratic Republic?
- The highest recorded value was 0.9391 current US$ per US$ of GDP in 1988.
- What is the lowest households and npishs final consumption expenditure (current us$) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.6569 current US$ per US$ of GDP in 2016.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure (current us$)?
- Lao People's Democratic Republic ranks 85th out of 190 countries with data for 2016.
- Is households and npishs final consumption expenditure (current us$) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 3.4%. 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 (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (current US$) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Households and NPISHs Final consumption expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.