Lao PDR - Household final consumption expenditure, PPP (current international $)

The latest value for Household final consumption expenditure, PPP (current international $) in Lao PDR was 26,827,590,000 as of 2016. Over the past 16 years, the value for this indicator has fluctuated between 26,827,590,000 in 2016 and 6,088,000,000 in 2002.

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 converted to current international dollars using purchasing power parity rates based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2000 6,543,866,000
2001 7,389,391,000
2002 6,088,000,000
2003 7,059,674,000
2004 7,588,527,000
2005 7,951,624,000
2006 8,801,956,000
2007 10,550,000,000
2008 12,668,820,000
2009 12,006,410,000
2010 14,656,420,000
2011 14,798,310,000
2012 20,785,420,000
2013 21,937,030,000
2014 24,034,350,000
2015 25,835,630,000
2016 26,827,590,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity