General government final consumption expenditure in Laos

Laos: General government final consumption expenditure was 2.17 billion constant 2015 US$ in 2016. ◆ Volatile

Latest (2016)
2.17 billion constant 2015 US$
Change on year
down 0.3%
World rank
117th
of 167 countries
All-time high
2.18 billion constant 2015 US$
in 2015
All-time low
250.87 million constant 2015 US$
in 2000
Years of data
17
2000–2016

General government final consumption expenditure in Laos, 2000–2016

500.0M1.0B1.5B2.0B2000200820162000: 250.9M constant 2015 US$2001: 286.9M constant 2015 US$2002: 425.4M constant 2015 US$2003: 389.5M constant 2015 US$2004: 436.2M constant 2015 US$2005: 510.1M constant 2015 US$2006: 561.7M constant 2015 US$2007: 610.9M constant 2015 US$2008: 647.1M constant 2015 US$2009: 1.2B constant 2015 US$2010: 1.2B constant 2015 US$2011: 1.3B constant 2015 US$2012: 1.6B constant 2015 US$2013: 2.1B constant 2015 US$2014: 2.1B constant 2015 US$2015: 2.2B constant 2015 US$2016: 2.2B constant 2015 US$

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.

Analysis

Laos recorded 2.17 billion constant 2015 US$ for general government final consumption expenditure in 2016.

That represents a change of down 0.3% on the previous year and up 286.6% over ten years.

Over the whole period, general government final consumption expenditure in Laos peaked at 2.18 billion constant 2015 US$ in 2015 and was at its lowest, 250.87 million constant 2015 US$, in 2000.

Laos ranks 117th of 167 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

DecadeAverage LowestHighest Years
2000s 531.83 million constant 2015 US$ 250.87 million constant 2015 US$ 1.20 billion constant 2015 US$ 10
2010s 1.80 billion constant 2015 US$ 1.17 billion constant 2015 US$ 2.18 billion constant 2015 US$ 7

Countries ranked near Laos

  1. 114 Rwanda 2.46 billion constant 2015 US$ compare
  2. 115 Bahamas 2.19 billion constant 2015 US$ compare
  3. 116 Albania 2.17 billion constant 2015 US$ compare
  4. 118 Haiti 2.10 billion constant 2015 US$ compare
  5. 119 Nicaragua 2.07 billion constant 2015 US$ compare
  6. 120 Mauritius 2.06 billion constant 2015 US$ compare

See the full ranking of 200 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is general government final consumption expenditure in Laos?
General government final consumption expenditure in Laos was 2.17 billion constant 2015 US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Laos?
The highest recorded value was 2.18 billion constant 2015 US$ in 2015.
What is the lowest general government final consumption expenditure recorded in Laos?
The lowest recorded value was 250.87 million constant 2015 US$ in 2000.
How does Laos rank for general government final consumption expenditure?
Laos ranks 117th out of 167 countries with data for 2016.
Is general government final consumption expenditure rising or falling in Laos?
Over the last ten years it is up 286.6%. 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 General government final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,603 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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 is 2015. This indicator is expressed in United States dollars.