Expense in Laos
Laos: Expense was 10.3% in 2022. ▬ Flat
Expense in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Laos recorded 10.3% for expense in 2022. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 4.2% on the previous year and down 6.1% over ten years.
Over the whole period, expense in Laos peaked at 16.8% in 2013 and was at its lowest, 10.3%, in 2022.
That places Laos 150th out of 157 countries with data for 2022, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.2% | 10.8% | 11.5% | 2 |
| 2010s | 13.1% | 10.7% | 16.8% | 10 |
| 2020s | 10.8% | 10.3% | 11.4% | 3 |
Countries ranked near Laos
- 147 Madagascar 11.0% compare
- 148 Tajikistan 11.0% compare
- 149 Zimbabwe 11.0% compare
- 151 Niger 10.2% compare
- 152 Sudan 9.7% compare
- 153 Bangladesh 8.3% compare
More economy & growth data for Laos
- DEC alternative conversion factor 20,444 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 12.36 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 604.50 million current US$ (2025)
- Taxes less subsidies on products 39.84 trillion current LCU (2025)
- Taxes less subsidies on products 1.95 billion current US$ (2025)
- Net primary income (Net income from abroad) -20.95 trillion current LCU (2025)
- Net primary income (Net income from abroad) -1.02 billion current US$ (2025)
- GNI per capita 44.87 million current LCU (2025)
- GNI per capita, Atlas method 2,150 current US$ (2025)
- GNI 353.24 trillion current LCU (2025)
Frequently asked questions
- What is expense in Laos?
- Expense in Laos was 10.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Laos?
- The highest recorded value was 16.8% in 2013.
- What is the lowest expense recorded in Laos?
- The lowest recorded value was 10.3% in 2022.
- How does Laos rank for expense?
- Laos ranks 150th out of 157 countries with data for 2022.
- Is expense rising or falling in Laos?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is flat.
- Where does this Laos data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.