Gross national expenditure in Laos

Laos: Gross national expenditure was 17.29 billion current US$ in 2016. ◆ Volatile

Latest (2016)
17.29 billion current US$
Change on year
up 1.7%
World rank
137th
of 185 countries
All-time high
17.29 billion current US$
in 2016
All-time low
708.40 million current US$
in 1988
Years of data
22
1984–2016

Gross national expenditure in Laos, 1984–2016

05.0B10.0B15.0B1984200020161984: 1.8B current US$1985: 2.5B current US$1986: 1.8B current US$1987: 1.2B current US$1988: 708.4M current US$2000: 1.9B current US$2001: 1.9B current US$2002: 1.9B current US$2003: 2.3B current US$2004: 2.8B current US$2005: 3.1B current US$2006: 3.7B current US$2007: 4.7B current US$2008: 6.3B current US$2009: 6.8B current US$2010: 8.1B current US$2011: 9.2B current US$2012: 12.5B current US$2013: 14.6B current US$2014: 15.6B current US$2015: 17.0B current US$2016: 17.3B current US$

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

Analysis

Laos recorded 17.29 billion current US$ for gross national expenditure in 2016. That is the highest value across all 22 years on record.

Compared with earlier readings it is up 1.7% on the previous year and up 373.7% over ten years.

Over the whole period, gross national expenditure in Laos peaked at 17.29 billion current US$ in 2016 and was at its lowest, 708.40 million current US$, in 1988.

That places Laos 137th out of 185 countries with data for 2016, putting it 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
1980s 1.61 billion current US$ 708.40 million current US$ 2.50 billion current US$ 5
2000s 3.54 billion current US$ 1.86 billion current US$ 6.81 billion current US$ 10
2010s 13.48 billion current US$ 8.13 billion current US$ 17.29 billion current US$ 7

Countries ranked near Laos

  1. 134 Rwanda 18.59 billion current US$ compare
  2. 135 Namibia 17.98 billion current US$ compare
  3. 136 Malawi 17.62 billion current US$ compare
  4. 138 Mauritius 16.56 billion current US$ compare
  5. 139 Bahamas 16.47 billion current US$ compare

See the full ranking of 228 places →

More economy & growth data for Laos

All data for Laos →

Frequently asked questions

What is gross national expenditure in Laos?
Gross national expenditure in Laos was 17.29 billion current US$ in 2016, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Laos?
The highest recorded value was 17.29 billion current US$ in 2016.
What is the lowest gross national expenditure recorded in Laos?
The lowest recorded value was 708.40 million current US$ in 1988.
How does Laos rank for gross national expenditure?
Laos ranks 137th out of 185 countries with data for 2016.
Is gross national expenditure rising or falling in Laos?
Over the last ten years it is up 373.7%. 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 Gross national expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.