Household consumption (% of GDP) in Laos in 2016 — 65.7%. Ranked 77 in the world out of 179. Since 1984, the indicator has fallen by 25.2 pp.
1984–2016 · % of GDP
How the value compares with the world and the groups this territory belongs to: Laos
| Year | % | Change, pp |
|---|---|---|
| 2016 | 65.7 | −5.5 pp |
| 2015 | 71.2 | −1.3 pp |
| 2014 | 72.6 | −1.5 pp |
| 2013 | 74.1 | −2.4 pp |
| 2012 | 76.5 | +10.7 pp |
| 2011 | 65.8 | −8.8 pp |
| 2010 | 74.6 | +5.1 pp |
| 2009 | 69.4 | −6.6 pp |
| 2008 | 76.1 | +4.3 pp |
| 2007 | 71.8 | +3.7 pp |
| 2006 | 68 | −3.6 pp |
| 2005 | 71.6 | −5.1 pp |
| 2004 | 76.8 | −1.4 pp |
| 2003 | 78.1 | +6.3 pp |
| 2002 | 71.8 | −18.3 pp |
| 2001 | 90.1 | +2.5 pp |
| 2000 | 87.6 | — |
| 1988 | 93.9 | +4.5 pp |
| 1987 | 89.4 | +0.9 pp |
| 1986 | 88.5 | −1.4 pp |
| 1985 | 90 | −0.9 pp |
| 1984 | 90.9 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.