Lao PDR - Household final consumption expenditure

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

Household final consumption expenditure (current LCU)

The value for Household final consumption expenditure (current LCU) in Lao PDR was 84,929,200,000,000 as of 2016. As the graph below shows, over the past 32 years this indicator reached a maximum value of 84,929,200,000,000 in 2016 and a minimum value of 55,900,000,000 in 1984.

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 local currency.

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

Year Value
1984 55,900,000,000
1985 95,800,000,000
1986 149,400,000,000
1987 170,300,000,000
1988 220,500,000,000
2000 11,952,100,000,000
2001 14,150,800,000,000
2002 12,696,800,000,000
2003 16,626,300,000,000
2004 19,226,900,000,000
2005 20,882,000,000,000
2006 23,858,400,000,000
2007 29,099,700,000,000
2008 36,219,200,000,000
2009 34,496,600,000,000
2010 43,909,700,000,000
2011 46,231,000,000,000
2012 62,440,300,000,000
2013 69,566,800,000,000
2014 77,501,500,000,000
2015 83,518,800,000,000
2016 84,929,200,000,000

Household final consumption expenditure (constant 2010 US$)

The latest value for Household final consumption expenditure (constant 2010 US$) in Lao PDR was 10,741,530,000 as of 2016. Over the past 16 years, the value for this indicator has fluctuated between 10,741,530,000 in 2016 and 3,126,903,000 in 2000.

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 constant 2010 U.S. dollars.

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

See also:

Year Value
2000 3,126,903,000
2001 3,733,140,000
2002 3,688,385,000
2003 4,244,380,000
2004 4,694,477,000
2005 5,016,355,000
2006 5,249,227,000
2007 5,275,613,000
2008 6,175,571,000
2009 6,435,825,000
2010 7,554,565,000
2011 7,796,486,000
2012 8,958,120,000
2013 9,394,263,000
2014 9,833,031,000
2015 10,275,930,000
2016 10,741,530,000

Household final consumption expenditure (annual % growth)

The value for Household final consumption expenditure (annual % growth) in Lao PDR was 4.53 as of 2016. As the graph below shows, over the past 15 years this indicator reached a maximum value of 19.39 in 2001 and a minimum value of -1.20 in 2002.

Definition: Annual percentage growth of household final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
2001 19.39
2002 -1.20
2003 15.07
2004 10.60
2005 6.86
2006 4.64
2007 0.50
2008 17.06
2009 4.21
2010 17.38
2011 3.20
2012 14.90
2013 4.87
2014 4.67
2015 4.50
2016 4.53

Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in Lao PDR was 74,871,200,000,000 as of 2016. As the graph below shows, over the past 16 years this indicator reached a maximum value of 74,871,200,000,000 in 2016 and a minimum value of 21,795,300,000,000 in 2000.

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 constant local currency.

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

Year Value
2000 21,795,300,000,000
2001 26,021,000,000,000
2002 25,709,000,000,000
2003 29,584,400,000,000
2004 32,721,700,000,000
2005 34,965,300,000,000
2006 36,588,500,000,000
2007 36,772,400,000,000
2008 43,045,300,000,000
2009 44,859,400,000,000
2010 52,657,300,000,000
2011 54,343,500,000,000
2012 62,440,400,000,000
2013 65,480,400,000,000
2014 68,538,800,000,000
2015 71,625,900,000,000
2016 74,871,200,000,000

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

Households and NPISHs final consumption expenditure (% of GDP)

Households and NPISHs final consumption expenditure (% of GDP) in Lao PDR was 65.69 as of 2016. Its highest value over the past 32 years was 93.91 in 1988, while its lowest value was 65.69 in 2016.

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. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1984 90.89
1985 89.95
1986 88.51
1987 89.44
1988 93.91
2000 87.64
2001 90.12
2002 71.81
2003 78.14
2004 76.76
2005 71.64
2006 68.01
2007 71.76
2008 76.09
2009 69.45
2010 74.59
2011 65.80
2012 76.51
2013 74.11
2014 72.57
2015 71.23
2016 65.69

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts