Laos vs Russia: Final consumption expenditure
Final consumption expenditure over time
- Laos
- Russia
How they compare
Laos currently reports 90.09 trillion constant LCU against 81.36 trillion constant LCU in Russia, a difference of 8.73 trillion constant LCU.
That makes Laos's figure about 1.1 times Russia's.
The two have swapped places 1 time across 17 shared years of data; in 2000 it was Russia ahead.
Globally, Laos ranks 16th and Russia ranks 17th of 176 countries.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.