Households and NPISHs final consumption expenditure: linked series in Laos
Laos: Households and NPISHs final consumption expenditure: linked series was 5,337 current LCU per US$ of GDP in 2016. ▼ Falling
Households and NPISHs final consumption expenditure: linked series in Laos, 2000–2016
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Laos recorded 5,337 current LCU per US$ of GDP for households and npishs final consumption expenditure: linked series in 2016.
The figure is down 7.8% on the previous year and down 22.7% over ten years.
Over the whole period, households and npishs final consumption expenditure: linked series in Laos peaked at 8,217 current LCU per US$ of GDP in 2003 and was at its lowest, 5,283 current LCU per US$ of GDP, in 2011.
That places Laos 8th out of 188 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: linked series in Laos, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 6,904 current LCU per US$ of GDP | — |
| 2001 | 8,001 current LCU per US$ of GDP | +15.9% |
| 2002 | 7,222 current LCU per US$ of GDP | -9.7% |
| 2003 | 8,217 current LCU per US$ of GDP | +13.8% |
| 2004 | 8,125 current LCU per US$ of GDP | -1.1% |
| 2005 | 7,634 current LCU per US$ of GDP | -6.0% |
| 2006 | 6,905 current LCU per US$ of GDP | -9.5% |
| 2007 | 6,891 current LCU per US$ of GDP | -0.2% |
| 2008 | 6,650 current LCU per US$ of GDP | -3.5% |
| 2009 | 5,911 current LCU per US$ of GDP | -11.1% |
| 2010 | 6,157 current LCU per US$ of GDP | +4.2% |
| 2011 | 5,283 current LCU per US$ of GDP | -14.2% |
| 2012 | 6,126 current LCU per US$ of GDP | +15.9% |
| 2013 | 5,805 current LCU per US$ of GDP | -5.2% |
| 2014 | 5,836 current LCU per US$ of GDP | +0.5% |
| 2015 | 5,789 current LCU per US$ of GDP | -0.8% |
| 2016 | 5,337 current LCU per US$ of GDP | -7.8% |
Laos compared with similar countries
- Laos's 5,337 current LCU per US$ of GDP is above the median for lower middle income countries, which is 65.51 current LCU per US$ of GDP, 81.5× the median. (44 countries reporting)
- Laos's 5,337 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.6 current LCU per US$ of GDP, 2052.9× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,246 current LCU per US$ of GDP | 5,911 current LCU per US$ of GDP | 8,217 current LCU per US$ of GDP | 10 |
| 2010s | 5,762 current LCU per US$ of GDP | 5,283 current LCU per US$ of GDP | 6,157 current LCU per US$ of GDP | 7 |
Countries ranked near Laos
- 5 Indonesia 9,101 current LCU per US$ of GDP compare
- 6 Uzbekistan 8,069 current LCU per US$ of GDP compare
- 7 Guinea 5,799 current LCU per US$ of GDP compare
- 9 Paraguay 4,978 current LCU per US$ of GDP compare
- 10 Syria 4,284 current LCU per US$ of GDP compare
- 11 Madagascar 3,298 current 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$), annual growth rate 25.05 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Laos?
- Households and npishs final consumption expenditure: linked series in Laos was 5,337 current LCU per US$ of GDP in 2016, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure: linked series recorded in Laos?
- The highest recorded value was 8,217 current LCU per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure: linked series recorded in Laos?
- The lowest recorded value was 5,283 current LCU per US$ of GDP in 2011.
- How does Laos rank for households and npishs final consumption expenditure: linked series?
- Laos ranks 8th out of 188 countries with data for 2016.
- Is households and npishs final consumption expenditure: linked series rising or falling in Laos?
- Over the last ten years it is down 22.7%. 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: linked series (current 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: linked series (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs final consumption expenditure: linked series (current LCU) ÷ GDP (current US$)
Computed from
- Households and NPISHs final consumption expenditure: linked series Staff estimates, World Bank (WB)
- 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: linked series (current 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.