Households and NPISHs Final consumption expenditure, PPP in Lao People's Democratic Republic
Lao People's Democratic Republic: Households and NPISHs Final consumption expenditure, PPP was 26.46 billion current international $ in 2016. ◆ Volatile
Households and NPISHs Final consumption expenditure, PPP in Lao People's Democratic Republic, 2000–2016
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2016, households and npishs final consumption expenditure, ppp in Lao People's Democratic Republic stood at 26.46 billion current international $. That is the highest value across all 17 years on record.
That represents a change of up 3.6% on the previous year and up 200.6% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Lao People's Democratic Republic peaked at 26.46 billion current international $ in 2016 and was at its lowest, 6.09 billion current international $, in 2002.
Lao People's Democratic Republic ranks 130th of 181 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure, PPP in Lao People's Democratic Republic, year by year
| Year | current international $ | Change |
|---|---|---|
| 2000 | 6.54 billion current international $ | — |
| 2001 | 7.39 billion current international $ | +12.9% |
| 2002 | 6.09 billion current international $ | -17.6% |
| 2003 | 7.06 billion current international $ | +16.0% |
| 2004 | 7.59 billion current international $ | +7.5% |
| 2005 | 7.95 billion current international $ | +4.8% |
| 2006 | 8.80 billion current international $ | +10.7% |
| 2007 | 10.55 billion current international $ | +19.9% |
| 2008 | 12.67 billion current international $ | +20.1% |
| 2009 | 12.01 billion current international $ | -5.2% |
| 2010 | 14.66 billion current international $ | +22.1% |
| 2011 | 14.80 billion current international $ | +1.0% |
| 2012 | 20.73 billion current international $ | +40.1% |
| 2013 | 21.81 billion current international $ | +5.2% |
| 2014 | 23.83 billion current international $ | +9.3% |
| 2015 | 25.55 billion current international $ | +7.2% |
| 2016 | 26.46 billion current international $ | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.66 billion current international $ | 6.09 billion current international $ | 12.67 billion current international $ | 10 |
| 2010s | 21.12 billion current international $ | 14.66 billion current international $ | 26.46 billion current international $ | 7 |
Countries ranked near Lao People's Democratic Republic
- 127 Haiti 29.88 billion current international $ compare
- 128 Somalia 28.91 billion current international $
- 129 Namibia 28.61 billion current international $ compare
- 131 Macao 25.45 billion current international $ compare
- 132 Mauritius 25.29 billion current international $ compare
- 133 Tajikistan 25.24 billion current international $ 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)
- Manufacturing, value added (constant LCU), per capita 1.84 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.38 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2917 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 678.12 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 12.91 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5,963 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 13.86 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.83 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Lao People's Democratic Republic?
- Households and npishs final consumption expenditure, ppp in Lao People's Democratic Republic was 26.46 billion current international $ in 2016, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Lao People's Democratic Republic?
- The highest recorded value was 26.46 billion current international $ in 2016.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Lao People's Democratic Republic?
- The lowest recorded value was 6.09 billion current international $ in 2002.
- How does Lao People's Democratic Republic rank for households and npishs final consumption expenditure, ppp?
- Lao People's Democratic Republic ranks 130th out of 181 countries with data for 2016.
- Is households and npishs final consumption expenditure, ppp rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 200.6%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure 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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.