Home/Countries/Lao PDR/Government Consumption (% of GDP)

Lao PDR—Government Consumption (% of GDP)

Category: EconomySource: World Bank World Development Indicators ↗Series years: 2000–2016
Latest Value
14.0%
2016
YoY Change
-7.5%
2015 → 2016
Maximum
17.1%
2013
Minimum
6.5%
2000
CAGR
+4.9%
17 years
Last
14.0%
Previous
15.1%
Highest
17.1%
Lowest
6.5%
Unit
% of GDP
Source
World Bank World Development Indicators

Lao PDR's government consumption (% of GDP) was 14.0% in 2016. This represents a -7.5% change from 2015. Over the past 17 years, the highest recorded value was 17.1% (2013) and the lowest was 6.5% (2000). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201614.0%-7.5%
201515.1%-0.5%
201415.2%-11.1%
201317.1%+27.3%
201213.4%+16.0%
201111.6%-2.8%
201011.9%-11.1%
200913.4%+72.1%
20087.8%-1.8%
20077.9%+4.5%
20067.6%-7.3%
20058.2%+5.4%
20047.7%+1.1%
20037.7%-14.0%
20028.9%+37.2%
20016.5%+0.4%
20006.5%

Top Countries — Government Consumption (% of GDP)

#CountryValueYear
1Timor-Leste60.6%2024
2Kiribati59.0%2024
3Marshall Islands54.5%2024
4Greenland41.7%2023
5Ukraine38.9%2025
6Palau38.3%2024
7Lesotho36.4%2025
8Virgin Islands (U.S.)34.4%2022
9Equatorial Guinea32.4%2025
10Libya32.3%2025
View all 178 countries →

About This Indicator

Definition

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Data compiled by 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).

Unit

% of GDP

Source: World Bank (World Development Indicators)Available series: 2000–2016View original source →