Laos — Final consumption (% of GDP)
% of GDP · Annual · 1970–2024 · 55 observations
About this series
Final consumption expenditure is spending by households, nonprofit institutions serving households and government on goods and services for current use. It is a component of GDP. This series expresses the aggregate as a percentage of GDP for the matching period.
In Laos, the final consumption reading was 69.1% of GDP in 2024, compared with 64.8% of GDP in 2023. The period change was +4.33 percentage points. The latest reading was above the selected 10-year average of 66.4% of GDP.
Get the full series
- Annual data, 1970–2024
- All 4 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 69.1 % of GDP |
| 2023 | 64.8 % of GDP |
| 2022 | 63.4 % of GDP |
| 2021 | 56.6 % of GDP |
| 2020 | 61.5 % of GDP |
6 earlier values, back to 2014
| 2019 | 66.2 % of GDP |
| 2018 | 68.3 % of GDP |
| 2017 | 70.2 % of GDP |
| 2016 | 71.4 % of GDP |
| 2015 | 72.4 % of GDP |
| 2014 | 73.5 % of GDP |