Laos — Government consumption (USD)
millions of USD · 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. This series reports the amount in millions of US dollars.
For Laos, the government consumption reading stood at 1.43B USD in 2024. Against 1.55B USD in 2023, the period change was −7.65%. It was below the selected 10-year average of 2.25B USD. The corresponding ratio to GDP was 8.68% in 2024.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 1.43B USD |
| 2023 | 1.55B USD |
| 2022 | 1.86B USD |
| 2021 | 2.55B USD |
| 2020 | 2.60B USD |
6 earlier values, back to 2014
| 2019 | 2.57B USD |
| 2018 | 2.56B USD |
| 2017 | 2.53B USD |
| 2016 | 2.49B USD |
| 2015 | 2.40B USD |
| 2014 | 2.07B USD |