General government final consumption expenditure in Laos
Laos: General government final consumption expenditure was 15.22 trillion constant LCU in 2016. ◆ Volatile
General government final consumption expenditure in Laos, 2000–2016
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for general government final consumption expenditure in Laos is 15.22 trillion constant LCU, measured in 2016.
The figure is 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 15.27 trillion constant LCU in 2015 and was at its lowest, 1.76 trillion constant LCU, in 2000.
Laos ranks 17th of 175 countries on this measure, in the top 10%.
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 | 3.73 trillion constant LCU | 1.76 trillion constant LCU | 8.40 trillion constant LCU | 10 |
| 2010s | 12.63 trillion constant LCU | 8.18 trillion constant LCU | 15.27 trillion constant 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 general government final consumption expenditure in Laos?
- General government final consumption expenditure in Laos was 15.22 trillion constant LCU 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 15.27 trillion constant LCU in 2015.
- What is the lowest general government final consumption expenditure recorded in Laos?
- The lowest recorded value was 1.76 trillion constant LCU in 2000.
- How does Laos rank for general government final consumption expenditure?
- Laos ranks 17th out of 175 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 LCU). 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. 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 varies by country. This series is expressed in local currency units.