Government consumption in US dollars — all countries

Government consumption in US dollars — Laos

Government consumption in US dollars in Laos in 2016 — 2,223,126,532 US$. Ranked 116 in the world out of 178. Since 1984, the indicator has risen by 1,845.2%.

2016 2.22B US$ +2.01% vs 2015
World rank 116of 178
Period maximum 2.22B US$2016
Period minimum 65.05M US$1988

Trend over time

1984–2016 · US$

Government consumption in US dollars — Laos, 1984–201601B2B3B1984198819921996200020042008201220161984: 114,285,718 US$1985: 206,666,660 US$1986: 153,684,210 US$1987: 90,225,395 US$1988: 65,049,030 US$2000: 111,862,554 US$2001: 114,731,128 US$2002: 156,535,359 US$2003: 154,956,977 US$2004: 183,278,849 US$2005: 223,371,654 US$2006: 261,626,132 US$2007: 334,306,320 US$2008: 423,333,865 US$2009: 780,841,570 US$2010: 848,554,099 US$2011: 1,011,927,953 US$2012: 1,367,545,019 US$2013: 2,046,014,174 US$2014: 2,015,862,383 US$2015: 2,179,343,404 US$2016: 2,223,126,532 US$
Change over the period: +2.11B (+1,845.24%) Average annual rate: 9.72 %

Comparison, 2016

How the value compares with the world and the groups this territory belongs to: Laos

Laos 2.22B US$
World 12.88T US$
South-Eastern Asia computed 299B US$
Lower-middle-income countries computed 615B US$
Government consumption in US dollars — Laos, by year Laos All countries CSV XLSX
Year US$ Change Change, %
2016 2.22B +43.78M +2.01%
2015 2.18B +163M +8.11%
2014 2.02B −30.15M −1.47%
2013 2.05B +678M +49.61%
2012 1.37B +356M +35.14%
2011 1.01B +163M +19.25%
2010 849M +67.71M +8.67%
2009 781M +358M +84.45%
2008 423M +89.03M +26.63%
2007 334M +72.68M +27.78%
2006 262M +38.25M +17.13%
2005 223M +40.09M +21.88%
2004 183M +28.32M +18.28%
2003 155M −1.58M −1.01%
2002 157M +41.8M +36.44%
2001 115M +2.87M +2.56%
2000 112M
1988 65.05M −25.18M −27.9%
1987 90.23M −63.46M −41.29%
1986 154M −52.98M −25.64%
1985 207M +92.38M +80.83%
1984 114M

About the indicator

Government final consumption expenditure in current US dollars: compensation of employees in the public sector, purchases of goods and services for the current work of the state, and spending on defense and security. This is not the whole budget: pensions, benefits and other transfers are left out because they are recorded as household income, while public investment is recorded as capital formation. The quantity therefore comes to roughly two thirds of total budget expense, not all of it.

Important: Not to be confused with budget expense: transfers and capital outlays are not counted here. This same indicator serves as the weight when aggregating military spending as a share of government spending.

Source: World Development Indicators (World Bank), license CC BY 4.0.