Final consumption expenditure in Laos
Laos: Final consumption expenditure was 102.99 trillion current LCU in 2016. ◆ Volatile
Final consumption expenditure in Laos, 1984–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for final consumption expenditure in Laos is 102.99 trillion current LCU, measured in 2016. That is the highest value across all 22 years on record.
That represents a change of up 1.7% on the previous year and up 288.4% over ten years.
Over the whole period, final consumption expenditure in Laos peaked at 102.99 trillion current LCU in 2016 and was at its lowest, 59.90 billion current LCU, in 1984.
That places Laos 24th out of 187 countries with data for 2016, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 152.22 billion current LCU | 59.90 billion current LCU | 246.00 billion current LCU | 5 |
| 2000s | 24.48 trillion current LCU | 12.83 trillion current LCU | 41.14 trillion current LCU | 10 |
| 2010s | 80.31 trillion current LCU | 50.91 trillion current LCU | 102.99 trillion current LCU | 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 102.99 trillion current LCU 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 102.99 trillion current LCU in 2016.
- What is the lowest final consumption expenditure recorded in Laos?
- The lowest recorded value was 59.90 billion current LCU in 1984.
- How does Laos rank for final consumption expenditure?
- Laos ranks 24th out of 187 countries with data for 2016.
- Is final consumption expenditure rising or falling in Laos?
- Over the last ten years it is up 288.4%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.