Laos — Government consumption
millions of LAK · Annual · 1970–2024 · 55 observations
About this series
Government final consumption expenditure is government spending on goods and services used to meet individual or collective needs, such as health, education, public order and defence. It is part of GDP and does not represent all government expenditure.
For Laos, the government consumption reading stood at 28.88T LAK in 2024. Against 27.43T LAK in 2023, the period change was +5.29%. It was above the selected 10-year average of 23.50T LAK. The corresponding ratio to GDP was 8.88% in 2024.
Get the full series
- Annual data, 1970–2024
- All 2 sources, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 28.88T LAK |
| 2023 | 27.43T LAK |
| 2022 | 26.05T LAK |
| 2021 | 24.75T LAK |
| 2020 | 23.50T LAK |
6 earlier values, back to 2014
| 2019 | 22.32T LAK |
| 2018 | 21.49T LAK |
| 2017 | 20.89T LAK |
| 2016 | 20.22T LAK |
| 2015 | 19.49T LAK |
| 2014 | 16.65T LAK |