Lao PDR - Household final consumption expenditure (current US$)

The latest value for Household final consumption expenditure (current US$) in Lao PDR was $10,453,640,000 as of 2016. Over the past 32 years, the value for this indicator has fluctuated between $10,453,640,000 in 2016 and $562,482,800 in 1988.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.

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

See also:

Year Value
1984 $1,597,143,000
1985 $2,128,889,000
1986 $1,572,632,000
1987 $972,492,700
1988 $562,482,800
2000 $1,517,154,000
2001 $1,593,923,000
2002 $1,262,479,000
2003 $1,581,049,000
2004 $1,816,358,000
2005 $1,959,798,000
2006 $2,349,745,000
2007 $3,030,353,000
2008 $4,143,993,000
2009 $4,053,011,000
2010 $5,319,702,000
2011 $5,757,821,000
2012 $7,798,620,000
2013 $8,880,989,000
2014 $9,636,584,000
2015 $10,275,930,000
2016 $10,453,640,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts