Lao PDR's general government final consumption expenditure (constant LCU) was 15.22 trillion in 2016, the latest year in the World Bank's World Development Indicators. That is up 286.63% from 3.94 trillion in 2006 (14.48% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 15.22 trillion | 2016 |
| Five years earlier | 9.23 trillion | 2011 |
| Ten years earlier | 3.94 trillion | 2006 |
| Highest | 15.27 trillion | 2015 |
| Lowest | 1.76 trillion | 2000 |
| Average since 2007 | 10.56 trillion | 2007–2016 |
| First recorded | 1.76 trillion |
What the numbers say
In 2016, Lao PDR's general government final consumption expenditure (constant LCU) fell 0.3% on 2015 (from 15.27 trillion to 15.22 trillion).
Across the 15 yearly changes before that (2001 to 2015), the average change was +17.4% and a typical year strayed about 23.8% from that (the standard deviation). This year's change was 0.7 standard deviations below 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 85.4% in 2009 and the biggest yearly fall was 8.4% in 2003. 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 the straight-line trend is upward, about 1.37 trillion a year. A straight line explains 93% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
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. 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.
All 17 values
| Year | General government final consumption expenditure (constant LCU) |
|---|---|
| 2016 | 15,216,407,506,000 |
| 2015 | 15,269,218,556,000 |
| 2014 | 14,538,250,109,000 |
| 2013 | 15,005,078,236,000 |
| 2012 | 10,949,361,380,000 |
| 2011 | 9,229,099,174,600 |
| 2010 | 8,179,900,107,500 |
| 2009 | 8,404,253,839,800 |
| 2008 | 4,534,030,619,800 |
| 2007 | 4,280,467,722,100 |
General government final consumption expenditure (constant LCU) in nearby economies
- Australia — 622.17 billion (2025)
- Brunei Darussalam — 4.37 billion (2025)
- Cambodia — 9.78 trillion (2025)
- Hong Kong SAR, China — 405.91 billion (2025)
- Indonesia — 981.99 trillion (2025)
- Japan — 120.92 trillion (2024)
- Kiribati — 173.52 million (2024)
- Korea, Rep. — 411.92 trillion (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 general government final consumption expenditure (constant LCU)?
- 15.22 trillion in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 765.7% from 1.76 trillion in 2000 (14.44% a year on average, compounded). The highest value was 15.27 trillion in 2015 and the lowest 1.76 trillion in 2000.
- Is the latest change in general government final consumption expenditure (constant LCU) unusual for Lao PDR?
- In 2016, Lao PDR's general government final consumption expenditure (constant LCU) fell 0.3% on 2015 (from 15.27 trillion to 15.22 trillion). Across the 15 yearly changes before that (2001 to 2015), the average change was +17.4% and a typical year strayed about 23.8% from that (the standard deviation). This year's change was 0.7 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.CON.GOVT.KN, 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.
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