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 67.6% of GDP in 2024, compared with 63.3% of GDP in 2023. The period change was +4.24 percentage points. The latest reading was above the selected 10-year average of 64.9% of GDP.
Get the full series
- Annual data, 1970–2024
- All 4 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 67.6 % of GDP |
| 2023 | 63.3 % of GDP |
| 2022 | 62 % of GDP |
| 2021 | 55.3 % of GDP |
| 2020 | 60.1 % of GDP |
6 earlier values, back to 2014
| 2019 | 64.7 % of GDP |
| 2018 | 66.8 % of GDP |
| 2017 | 68.6 % of GDP |
| 2016 | 69.8 % of GDP |
| 2015 | 70.7 % of GDP |
| 2014 | 71.9 % of GDP |