Lao PDR - General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Lao PDR was 18,061,500,000,000 as of 2016. As the graph below shows, over the past 32 years this indicator reached a maximum value of 18,061,500,000,000 in 2016 and a minimum value of 4,000,000,000 in 1984.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1984 4,000,000,000
1985 9,300,000,000
1986 14,600,000,000
1987 15,800,000,000
1988 25,500,000,000
2000 881,253,000,000
2001 1,018,580,000,000
2002 1,574,280,000,000
2003 1,629,530,000,000
2004 1,940,080,000,000
2005 2,380,060,000,000
2006 2,656,450,000,000
2007 3,210,250,000,000
2008 3,700,010,000,000
2009 6,646,020,000,000
2010 7,004,100,000,000
2011 8,125,040,000,000
2012 10,949,400,000,000
2013 16,026,900,000,000
2014 16,212,400,000,000
2015 17,712,900,000,000
2016 18,061,500,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts