Final consumption expenditure in Laos
Laos: Final consumption expenditure was 3.7% in 2016. ◆ Volatile
Final consumption expenditure in Laos, 2001–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
Laos recorded 3.7% for final consumption expenditure in 2016.
Compared with earlier readings it is down 20.1% on the previous year and down 28.7% over ten years.
Over the whole period, final consumption expenditure in Laos peaked at 19.0% in 2001 and was at its lowest, 1.3%, in 2007.
Laos ranks 73rd of 175 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.6% | 1.3% | 19.0% | 9 |
| 2010s | 7.9% | 3.2% | 15.4% | 7 |
Countries ranked near Laos
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 final consumption expenditure in Laos?
- Final consumption expenditure in Laos was 3.7% in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Laos?
- The highest recorded value was 19.0% in 2001.
- What is the lowest final consumption expenditure recorded in Laos?
- The lowest recorded value was 1.3% in 2007.
- How does Laos rank for final consumption expenditure?
- Laos ranks 73rd out of 175 countries with data for 2016.
- Is final consumption expenditure rising or falling in Laos?
- Over the last ten years it is down 28.7%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.