Lao PDR—Government Expense (% of GDP)
Lao PDR's government expense (% of GDP) was 10.3% in 2022, ranking #133 out of 138 countries. This represents a -4.2% change from 2021. Over the past 15 years, the highest recorded value was 16.8% (2013) and the lowest was 10.3% (2022). Data sourced from the World Bank World Development Indicators.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2022 | 10.3% | -4.2% |
| 2021 | 10.8% | -6.0% |
| 2020 | 11.4% | -8.0% |
| 2019 | 12.4% | +1.1% |
| 2018 | 12.3% | -0.2% |
| 2017 | 12.3% | -11.0% |
| 2016 | 13.9% | -6.9% |
| 2015 | 14.9% | -3.8% |
| 2014 | 15.5% | -7.9% |
| 2013 | 16.8% | +53.1% |
| 2012 | 11.0% | +2.3% |
| 2011 | 10.7% | -2.6% |
| 2010 | 11.0% | -4.2% |
| 2009 | 11.5% | +6.8% |
| 2008 | 10.8% |
Top Countries — Government Expense (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Naoero | 103.6% | 2020 |
| 2 | Kiribati | 83.7% | 2023 |
| 3 | Ukraine | 65.6% | 2023 |
| 4 | Marshall Islands | 59.4% | 2020 |
| 5 | Palau | 59.0% | 2020 |
| 6 | Timor-Leste | 52.5% | 2022 |
| 7 | Greece | 47.3% | 2023 |
| 8 | Italy | 47.3% | 2023 |
| 9 | France | 47.3% | 2023 |
| 10 | Austria | 46.0% | 2023 |
About This Indicator
Definition
Expense is a decrease in net worth resulting from a transaction. 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
Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)
Unit
% of GDP