Laos (Lao People's Democratic Republic) General government total expenditure (% of GDP) Statistics

23, Mar 2019, EDT.

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Country or Region: Laos (Lao People's Democratic Republic) › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Laos indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Kip
Currency Symbol: LAK

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) Statistics for Laos (Lao People's Democratic Republic), Year 2015 - In Detail

General government total expenditure (% of GDP) for Laos in year 2015 is 26.181 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Laos No. 137 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Laos is 7.70 less than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Laos was 28.06 % General government total expenditure (% of GDP) for Laos in 2015 was or will be 6.70% less than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Laos was or will be 27.29 %, which is 4.24% more than the 2015 figure.

* Source: IMF
General government total expenditure (% of GDP) for Laos, in other Years
Year %
  2021 27.685
  2020 27.476
  2019 27.238
  2018 26.962
  2017 26.889
  2016 27.29
2015 26.181
  2014 28.062
  2013 29.553
  2012 24.616
  2011 24.139
  2010 25.887
  2009 21.295
  2008 17.348
  2007 18.28
  2006 17.351
  2005 18.302
  2004 15.386
  2003 19.703
  2002 18.161
  2001 23.853
  2000 21.988
  1999 n/a
  1998 n/a
  1997 n/a
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a