Total Expenditure (central government) — Value Standard Local Currency in Lao People's Democratic Republic
Lao People's Democratic Republic: Total Expenditure (central government) — Value Standard Local Currency was 21.65 million million SLC in 2019. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Lao People's Democratic Republic, 2008–2019
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Lao People's Democratic Republic recorded 21.65 million million SLC for total expenditure (central government) — value standard local currency in 2019.
The figure is down 20.5% on the previous year and up 140.7% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Lao People's Democratic Republic peaked at 28.87 million million SLC in 2015 and was at its lowest, 8.74 million million SLC, in 2008.
The long-run direction has been consistently rising across the 10 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Lao People's Democratic Republic, year by year
| Year | million SLC | Change |
|---|---|---|
| 2008 | 8.74 million million SLC | — |
| 2009 | 9.00 million million SLC | +2.9% |
| 2010 | 12.63 million million SLC | +40.4% |
| 2011 | 14.39 million million SLC | +13.9% |
| 2012 | 17.53 million million SLC | +21.8% |
| 2013 | 24.16 million million SLC | +37.9% |
| 2014 | 25.06 million million SLC | +3.7% |
| 2015 | 28.87 million million SLC | +15.2% |
| 2016 | 27.23 million million SLC | -5.7% |
| 2019 | 21.65 million million SLC | -20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.87 million million SLC | 8.74 million million SLC | 9.00 million million SLC | 2 |
| 2010s | 21.44 million million SLC | 12.63 million million SLC | 28.87 million million SLC | 8 |
Countries ranked near Lao People's Democratic Republic
- 1 Côte d'Ivoire 13.76 million million SLC compare
- 1 Indonesia 3.36 billion million SLC compare
- 1 Iran (Islamic Republic of) 7.82 billion million SLC compare
- 2 Republic of Korea 575.27 million million SLC compare
- 2 Viet Nam 681.84 million million SLC compare
- 3 Cabo Verde 66,770 million SLC compare
- 3 United Republic of Tanzania 35.29 million million SLC compare
- 3 Uzbekistan 293.93 million million SLC compare
- 4 Colombia 285.85 million million SLC compare
- 5 Democratic Republic of the Congo 18.24 million million SLC compare
- 5 Lebanon 181.92 million million SLC compare
- 6 Japan 110.93 million million SLC compare
- 6 Syrian Arab Republic 13.32 million million SLC compare
- 7 Chile 76.81 million million SLC compare
- 7 Türkiye 9.00 million million SLC compare
More economy & growth data for Lao People's Democratic Republic
- Gross Domestic Product — Value US$ per capita 1,874 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 28.93 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 24.77 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 6,487 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 52.72 million million SLC (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.26 % (2024)
- Gross Domestic Product — Value US$ 14,563 million USD (2024)
- Gross Domestic Product — Annual growth US$ -2.97 % (2024)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Lao People's Democratic Republic?
- Total expenditure (central government) — value standard local currency in Lao People's Democratic Republic was 21.65 million million SLC in 2019, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Lao People's Democratic Republic?
- The highest recorded value was 28.87 million million SLC in 2015.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Lao People's Democratic Republic?
- The lowest recorded value was 8.74 million million SLC in 2008.
- How does Lao People's Democratic Republic rank for total expenditure (central government) — value standard local currency?
- Lao People's Democratic Republic ranks 4th out of 12 countries with data for 2019.
- Is total expenditure (central government) — value standard local currency rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 140.7%. 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 Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.