Lao PDR's general government final consumption expenditure (current LCU) was 18.06 trillion in 2016, the latest year in the World Bank's World Development Indicators. That is up 579.91% from 2.66 trillion in 2006 (21.13% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 18.06 trillion | 2016 |
| Five years earlier | 8.13 trillion | 2011 |
| Ten years earlier | 2.66 trillion | 2006 |
| Highest | 18.06 trillion | 2016 |
| Lowest | 4 billion | 1984 |
| Average since 2007 | 10.76 trillion | 2007–2016 |
| First recorded | 4 billion |
What the numbers say
In 2016, Lao PDR's general government final consumption expenditure (current LCU) rose 2% on 2015 (from 17.71 trillion to 18.06 trillion).
Across the 19 yearly changes before that (1985 to 2015), the average change was +32.4% and a typical year strayed about 33.1% from that (the standard deviation). This year's change was 0.9 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 132.5% in 1985. 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 1.88 trillion a year. A straight line explains 95% 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 22 values
| Year | General government final consumption expenditure (current LCU) |
|---|---|
| 2016 | 18,061,495,288,000 |
| 2015 | 17,712,854,550,000 |
| 2014 | 16,212,415,114,000 |
| 2013 | 16,026,899,586,000 |
| 2012 | 10,949,361,380,000 |
| 2011 | 8,125,035,219,700 |
| 2010 | 7,004,103,873,900 |
| 2009 | 6,646,016,805,000 |
| 2008 | 3,700,014,773,600 |
| 2007 | 3,210,252,933,700 |
General government final consumption expenditure (current LCU) in nearby economies
- Australia — 643.28 billion (2025)
- Brunei Darussalam — 4.68 billion (2025)
- Cambodia — 11.63 trillion (2025)
- China — 22.52 trillion (2024)
- Fiji — 2.56 billion (2024)
- French Polynesia — 223.3 billion (2024)
- Hong Kong SAR, China — 418.83 billion (2025)
- Indonesia — 1,794.3 trillion (2025)
- Japan
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 (current LCU)?
- 18.06 trillion in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 1984?
- It is up 451,437% from 4 billion in 1984 (30.08% a year on average, compounded). The highest value was 18.06 trillion in 2016 and the lowest 4 billion in 1984.
- Is the latest change in general government final consumption expenditure (current LCU) unusual for Lao PDR?
- In 2016, Lao PDR's general government final consumption expenditure (current LCU) rose 2% on 2015 (from 17.71 trillion to 18.06 trillion). Across the 19 yearly changes before that (1985 to 2015), the average change was +32.4% and a typical year strayed about 33.1% from that (the standard deviation). This year's change was 0.9 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.CN, 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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