Laos Public Consumption: % of GDP
Laos's Public Consumption accounted for 14.0 % of its Nominal GDP in Dec 2016, compared with a share of 15.1 % in the previous year. Laos's Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 2000 to Dec 2016, with an average number of 8.9 %. The data reached an all-time high of 17.1 % in Dec 2013 and a record low of 6.5 % in Dec 2000. The World Bank provides annual Government Consumption as % of Nominal GDP.
In the latest reports, Laos's GDP expanded 6.2 % YoY in Dec 2018. Laos's Nominal GDP reached 18.1 USD bn in Dec 2018. Its GDP deflator (implicit price deflator) increased 2.0 % in Dec 2018. Laos's GDP Per Capita reached 2,585.0 USD in Dec 2018. Its Gross Savings Rate was measured at 18.4 % in Dec 2016.
View Laos's Public Consumption: % of GDP from 2000 to 2016 in the chart:
What was Laos's Public Consumption: % of GDP in 2016?
|14.0 2016||15.1 2015||6.5 2000||17.1 2013||%||yearly||2000 - 2016|
Public Consumption: % of GDP by Country Comparison
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|Albania (%)||11.5 Sep 2020||quarterly||Mar 2008 - Sep 2020|
|Algeria (%)||16.9 2019||yearly||1950 - 2019|
|Argentina (%)||15.4 Sep 2020||quarterly||Mar 1993 - Sep 2020|
|Armenia (%)||16.5 Jun 2020||quarterly||Dec 1994 - Jun 2020|
|Australia (%)||21.5 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (%)||20.5 Sep 2020||quarterly||Mar 1988 - Sep 2020|
|Azerbaijan (%)||10.5 Mar 2020||quarterly||Mar 2001 - Mar 2020|
|Bahrain (%)||16.3 2018||yearly||1975 - 2018|
|Bangladesh (%)||6.2 2020||yearly||1960 - 2020|
|Belarus (%)||14.7 Sep 2020||quarterly||Mar 1994 - Sep 2020|
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Laos Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||-3.2 2019||yearly||2012 - 2019|
|Consolidated Fiscal Balance (USD mn)||-610.066 2019||yearly||2010 - 2019|
|Tax Revenue (USD mn)||2,043.467 2019||yearly||2010 - 2019|
|Tax Revenue: % of GDP (%)||10.8 2019||yearly||2012 - 2019|
|Govt Budget: Revenue: Tax: VAT (LAK bn)||5,201.470 2018||yearly||2013 - 2018|
|Govt Budget: Revenue: Tax: Excise Tax (LAK bn)||4,742.820 2018||yearly||2013 - 2018|
|Govt Budget: Revenue (LAK bn)||21,795.660 2018||yearly||2013 - 2018|
|Govt Budget: Total Expenditure (TE) (LAK bn)||31,002.850 2018||yearly||2013 - 2018|
|Govt Budget: TE: Current Expenditure (CE) (LAK bn)||18,430.240 2018||yearly||2013 - 2018|
|Govt Budget: TE: Capital Expenditure (LAK bn)||12,572.610 2018||yearly||2013 - 2018|
|Govt Budget: Revenue: Tax: Income Tax (LAK bn)||1,619.010 2018||yearly||2013 - 2018|
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