Laos — Household consumption (% of GDP)
% of GDP · Annual · 1970–2024 · 55 observations
About this series
Household final consumption expenditure records spending by households and nonprofit institutions serving households 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.
For Laos, the household consumption reading stood at 60.3% of GDP in 2024. Against 54.5% of GDP in 2023, the period change was +5.79 percentage points. It was above the selected 10-year average of 53.1% of GDP.
Get the full series
- Annual data, 1970–2024
- The underlying source, downloadable
Latest observations
2014–2024
| Period | Value |
|---|---|
| 2024 | 60.3 % of GDP |
| 2023 | 54.5 % of GDP |
| 2022 | 51.3 % of GDP |
| 2021 | 43.2 % of GDP |
| 2020 | 47.9 % of GDP |
6 earlier values, back to 2014
| 2019 | 52.5 % of GDP |
| 2018 | 54.2 % of GDP |
| 2017 | 55.3 % of GDP |
| 2016 | 55.8 % of GDP |
| 2015 | 55.7 % of GDP |
| 2014 | 57.9 % of GDP |