Lao PDR's final consumption expenditure (annual % growth) was 3.67% in 2016, the latest year in the World Bank's World Development Indicators. That is down 1.48 percentage points from 5.15% in 2006.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.67% | 2016 |
| Five years earlier | 4.5% | 2011 |
| Ten years earlier | 5.15% | 2006 |
| Highest | 19.01% | 2001 |
| Lowest | 1.3% | 2007 |
| Average since 2007 | 8.45% | 2007–2016 |
| First recorded | 19.01% | 2001 |
What the numbers say
In 2016, Lao PDR's final consumption expenditure (annual % growth) fell 0.92 percentage points on 2015 (from 4.6% to 3.67%).
Across the 14 yearly changes before that (2002 to 2015), the average change was −1.03 percentage points and a typical year strayed about 8.45 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 14.59 percentage points in 2008 and the biggest yearly fall was 16.67 percentage points in 2002. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 there is no clear straight-line trend: a straight line explains 12% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Lao PDR | 3.67% | 2016 |
| World | 2.91% | 2024 |
| East Asia & Pacific | 4.01% | 2025 |
| Lower middle income | 6.61% | 2025 |
What this measures
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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 16 values
| Year | Final consumption expenditure (annual % growth) |
|---|---|
| 2016 | 3.67 |
| 2015 | 4.6 |
| 2014 | 3.22 |
| 2013 | 9.67 |
| 2012 | 15.44 |
| 2011 | 4.5 |
| 2010 | 14.22 |
| 2009 | 11.95 |
| 2008 | 15.9 |
| 2007 | 1.3 |
| 2006 |
Final consumption expenditure (annual % growth) in nearby economies
- Australia — 2.22% (2025)
- Brunei Darussalam — -1.35% (2025)
- Cambodia — 4.64% (2025)
- China — 4.53% (2025)
- Hong Kong SAR, China — 1.68% (2025)
- Indonesia — 4.68% (2025)
- Japan — -0.00413% (2024)
- Kiribati — 4.27% (2024)
- Korea, Rep. — 1.75% (2025)
- Macao SAR, China
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — US$347.91 million (2023)
- Technical cooperation grants (BoP, current US$) — US$90.18 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.74 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$435.39 million (2023)
- Net official development assistance and official aid received (current US$) — US$514.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$514.84 million (2023)
- Net official development assistance received (current US$) — US$514.84 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Lao PDR's final consumption expenditure (annual % growth)?
- 3.67% in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is down 15.34 percentage points from 19.01% in 2001. The highest value was 19.01% in 2001 and the lowest 1.3% in 2007.
- Is the latest change in final consumption expenditure (annual % growth) unusual for Lao PDR?
- In 2016, Lao PDR's final consumption expenditure (annual % growth) fell 0.92 percentage points on 2015 (from 4.6% to 3.67%). Across the 14 yearly changes before that (2002 to 2015), the average change was −1.03 percentage points and a typical year strayed about 8.45 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in