Laos Private Consumption: % of GDP

Key information about Laos Private Consumption: % of GDP

• Laos Private Consumption accounted for 64.4 % of its Nominal GDP in Dec 2016, compared with a ratio of 71.2 % in the previous year.
• Laos Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2000 to Dec 2016, with an average share of 72.6 %.
• The data reached an all-time high of 90.1 % in Dec 2001 and a record low of 64.4 % in Dec 2016.

• In the latest reports, Laos GDP expanded 3.5 % YoY in Dec 2021.
• Its Nominal GDP reached 19.1 USD bn in Dec 2021.
• Laos GDP Per Capita reached 2,595.0 USD in Dec 2021.
• Its Gross Savings Rate was measured at 18.4 % in Dec 2016.

View Laos's Private Consumption: % of GDP from 2000 to 2016 in the chart:

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What was Laos's Private Consumption: % of GDP in 2016?

Laos Private Consumption accounted for 64.4 % of its Nominal GDP in Dec 2016, compared with a ratio of 71.2 % in the previous year. See the table below for more data.

Private Consumption: % of GDP by Country Comparison

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