Total Expenditure (central government) — Value US$ in Lao People's Democratic Republic
Lao People's Democratic Republic: Total Expenditure (central government) — Value US$ was 2,494 million USD in 2019. ▲ Rising
Total Expenditure (central government) — Value US$ in Lao People's Democratic Republic, 2008–2019
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$ in Lao People's Democratic Republic is 2,494 million USD, measured in 2019.
Compared with earlier readings it is down 25.6% on the previous year and up 136.0% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Lao People's Democratic Republic peaked at 3,552 million USD in 2015 and was at its lowest, 1,000 million USD, in 2008.
The long-run direction has been consistently rising across the 10 years of available data.
Total Expenditure (central government) — Value US$ in Lao People's Democratic Republic, year by year
| Year | million USD | Change |
|---|---|---|
| 2008 | 1,000 million USD | — |
| 2009 | 1,057 million USD | +5.7% |
| 2010 | 1,530 million USD | +44.7% |
| 2011 | 1,792 million USD | +17.1% |
| 2012 | 2,189 million USD | +22.2% |
| 2013 | 3,084 million USD | +40.9% |
| 2014 | 3,117 million USD | +1.0% |
| 2015 | 3,552 million USD | +14.0% |
| 2016 | 3,351 million USD | -5.6% |
| 2019 | 2,494 million USD | -25.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,029 million USD | 1,000 million USD | 1,057 million USD | 2 |
| 2010s | 2,639 million USD | 1,530 million USD | 3,552 million USD | 8 |
Countries ranked near Lao People's Democratic Republic
- 7 Germany 694,012 million USD compare
- 8 Australia 477,200 million USD compare
- 9 Republic of Korea 440,599 million USD compare
- 10 India 440,349 million USD compare
- 11 Russian Federation 431,018 million USD compare
- 11 Timor-Leste 991.77 million USD compare
- 12 Mexico 420,014 million USD compare
- 13 Spain 386,635 million USD 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 us$ in Lao People's Democratic Republic?
- Total expenditure (central government) — value us$ in Lao People's Democratic Republic was 2,494 million USD in 2019, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Lao People's Democratic Republic?
- The highest recorded value was 3,552 million USD in 2015.
- What is the lowest total expenditure (central government) — value us$ recorded in Lao People's Democratic Republic?
- The lowest recorded value was 1,000 million USD in 2008.
- How does Lao People's Democratic Republic rank for total expenditure (central government) — value us$?
- Lao People's Democratic Republic ranks 10th out of 12 regions with data for 2019.
- Is total expenditure (central government) — value us$ rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 136.0%. 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 US$. 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.