Lao PDR - General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Lao PDR was -0.35 as of 2016. As the graph below shows, over the past 15 years this indicator reached a maximum value of 85.36 in 2009 and a minimum value of -8.43 in 2003.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 14.38
2002 48.24
2003 -8.43
2004 11.99
2005 16.93
2006 10.13
2007 8.76
2008 5.92
2009 85.36
2010 -2.67
2011 12.83
2012 18.64
2013 37.04
2014 -3.11
2015 5.03
2016 -0.35

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts