Laos Private Consumption: % of GDP

2000 - 2016 | Yearly | % | CEIC Data

Key information about Laos Private Consumption: % of GDP

  • Laos Private Consumption accounted for 64.4 % of its Nominal GDP in Dec 2016, compared with a ratio of 71.2 % in the previous year.
  • Laos Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 2000 to Dec 2016, with an average share of 72.6 %.
  • The data reached an all-time high of 90.1 % in Dec 2001 and a record low of 64.4 % in Dec 2016.

The World Bank provides annual Private Consumption as % of Nominal GDP


Related information about Laos Private Consumption: % of GDP

  • In the latest reports, Laos GDP expanded 3.5 % YoY in Dec 2021.
  • Its Nominal GDP reached 19.1 USD bn in Dec 2021.
  • Laos GDP Per Capita reached 2,595.0 USD in Dec 2021.
  • Its Gross Savings Rate was measured at 18.4 % in Dec 2016.

View Laos's Private Consumption: % of GDP from 2000 to 2016 in the chart:

Laos Private Consumption: % of GDP

What was Laos's Private Consumption: % of GDP in 2016?

Laos Private Consumption accounted for 64.4 % of its Nominal GDP in Dec 2016, compared with a ratio of 71.2 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
64.4 2016 71.2 2015 64.4 2016 90.1 2001 % yearly 2000 - 2016

Private Consumption: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 73.3 Sep 2022 quarterly Mar 2008 - Sep 2022
Algeria (%) 41.2 2023 yearly 1950 - 2023
Argentina (%) 66.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Armenia (%) 58.7 Dec 2024 quarterly Dec 1994 - Dec 2024
Australia (%) 51.6 Dec 2024 quarterly Sep 1959 - Dec 2024
Austria (%) 52.9 Dec 2024 quarterly Mar 1988 - Dec 2024
Azerbaijan (%) 44.0 Sep 2022 quarterly Mar 2001 - Sep 2022
Bahrain (%) 38.9 2023 yearly 1975 - 2023
Bangladesh (%) 70.1 2024 yearly 1973 - 2024
Belarus (%) 55.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Belgium (%) 51.5 Dec 2024 quarterly Mar 1980 - Dec 2024
Bolivia (%) 65.7 Sep 2024 quarterly Mar 1990 - Sep 2024
Bosnia and Herzegovina (%) 58.7 Sep 2024 quarterly Mar 2008 - Sep 2024
Botswana (%) 46.3 Sep 2024 quarterly Mar 2006 - Sep 2024
Brazil (%) 63.8 Dec 2024 quarterly Mar 1996 - Dec 2024
Brunei (%) 29.9 Dec 2024 quarterly Mar 2004 - Dec 2024
Bulgaria (%) 62.6 Dec 2022 quarterly Mar 1995 - Dec 2022
Cambodia (%) 60.0 2022 yearly 1993 - 2022
Canada (%) 55.2 Dec 2024 quarterly Mar 1961 - Dec 2024
Chile (%) 65.2 Sep 2022 quarterly Mar 1996 - Sep 2022
China (%) 39.6 2023 yearly 1952 - 2023
Colombia (%) 72.8 Dec 2024 quarterly Mar 2005 - Dec 2024
Croatia (%) 61.7 Dec 2024 quarterly Mar 1995 - Dec 2024
Cyprus (%) 60.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Czech Republic (%) 45.9 Dec 2022 quarterly Mar 1995 - Dec 2022
Denmark (%) 44.3 Dec 2024 quarterly Mar 1990 - Dec 2024
Ecuador (%) 63.1 Mar 2023 quarterly Mar 1991 - Mar 2023
Egypt (%) 97.7 Sep 2024 quarterly Sep 2001 - Sep 2024
Estonia (%) 52.5 Dec 2024 quarterly Mar 1993 - Dec 2024
European Union (%) 51.9 Dec 2024 quarterly Mar 1995 - Dec 2024
Finland (%) 49.9 Dec 2024 quarterly Mar 1975 - Dec 2024
France (%) 54.3 Dec 2024 quarterly Mar 1980 - Dec 2024
Georgia (%) 65.1 Sep 2024 quarterly Mar 1996 - Sep 2024
Germany (%) 53.0 Dec 2024 quarterly Mar 1991 - Dec 2024
Ghana (%) 84.1 2024 yearly 2006 - 2024
Greece (%) 66.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Hong Kong SAR, China (%) 66.8 Dec 2024 quarterly Mar 1973 - Dec 2024
Hungary (%) 50.3 Dec 2022 quarterly Mar 1995 - Dec 2022
Iceland (%) 50.4 Dec 2024 quarterly Mar 1995 - Dec 2024
India (%) 64.8 Dec 2024 quarterly Jun 1996 - Dec 2024
Indonesia (%) 55.1 Dec 2024 quarterly Mar 1993 - Dec 2024
Iran (%) 45.2 Mar 2022 quarterly Jun 1988 - Mar 2022
Ireland (%) 30.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Israel (%) 47.8 Dec 2024 quarterly Mar 1995 - Dec 2024
Italy (%) 58.6 Dec 2022 quarterly Mar 1980 - Dec 2022
Ivory Coast (%) 65.8 2023 yearly 1960 - 2023
Japan (%) 53.0 Dec 2024 quarterly Mar 1980 - Dec 2024
Jordan (%) 78.7 2023 yearly 1962 - 2023
Kazakhstan (%) 46.5 Sep 2022 quarterly Mar 1994 - Sep 2022
Kenya (%) 76.2 2023 yearly 1969 - 2023
South Korea (%) 47.7 Dec 2024 quarterly Mar 1960 - Dec 2024
Kosovo (%) 72.5 Sep 2022 quarterly Mar 2010 - Sep 2022
Kuwait (%) 32.6 2022 yearly 1962 - 2022
Kyrgyzstan (%) 79.1 Sep 2023 quarterly Mar 2000 - Sep 2023
Laos (%) 64.4 2016 yearly 2000 - 2016
Latvia (%) 55.7 Dec 2024 quarterly Mar 1995 - Dec 2024
Lebanon (%) 118.8 2021 yearly 1990 - 2021
Lithuania (%) 60.7 Dec 2022 quarterly Mar 1993 - Dec 2022
Luxembourg (%) 31.2 Sep 2022 quarterly Mar 1995 - Sep 2022
Macau SAR, China (%) 28.2 Dec 2024 quarterly Mar 1998 - Dec 2024
North Macedonia (%) 67.1 Dec 2022 quarterly Mar 2000 - Dec 2022
Malawi (%) 79.2 2019 yearly 1960 - 2019
Malaysia (%) 59.7 Dec 2024 quarterly Mar 1991 - Dec 2024
Malta (%) 47.8 Dec 2024 quarterly Mar 1992 - Dec 2024
Mauritius (%) 66.7 Sep 2024 quarterly Mar 1999 - Sep 2024
Mexico (%) 70.9 Sep 2024 quarterly Mar 1993 - Sep 2024
Moldova (%) 88.2 Dec 2024 quarterly Mar 1995 - Dec 2024
Mongolia (%) 46.2 Dec 2024 quarterly Mar 2010 - Dec 2024
Montenegro (%) 84.1 Dec 2024 quarterly Mar 2010 - Dec 2024
Morocco (%) 62.2 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 78.0 2023 yearly 1969 - 2022
Nepal (%) 86.1 2024 yearly 1975 - 2024
Netherlands (%) 42.0 Dec 2024 quarterly Mar 1977 - Dec 2024
New Zealand (%) 59.9 Sep 2024 quarterly Jun 1987 - Sep 2024
Nigeria (%) 61.2 2023 yearly 1981 - 2023
Norway (%) 39.1 Dec 2024 quarterly Mar 1978 - Dec 2024
Oman (%) 37.8 2023 yearly 1980 - 2023
Pakistan (%) 85.2 2024 yearly 1967 - 2024
Palestinian Territory (%) 97.4 Sep 2024 quarterly Mar 2011 - Sep 2024
Panama (%) 48.7 2022 yearly 1996 - 2022
Paraguay (%) 68.6 Sep 2024 quarterly Mar 1994 - Sep 2024
Peru (%) 58.0 Dec 2024 quarterly Mar 1980 - Dec 2024
Philippines (%) 75.6 Dec 2024 quarterly Mar 1981 - Dec 2024
Poland (%) 51.3 Dec 2024 quarterly Mar 1995 - Dec 2024
Portugal (%) 64.1 Dec 2024 quarterly Mar 1995 - Dec 2024
Qatar (%) 20.6 Dec 2022 quarterly Mar 2013 - Dec 2022
Romania (%) 65.6 Dec 2024 quarterly Mar 1995 - Dec 2024
Russia (%) 50.8 Sep 2024 quarterly Mar 1993 - Sep 2024
Saudi Arabia (%) 41.7 Dec 2024 quarterly Mar 2003 - Dec 2024
Serbia (%) 66.2 Dec 2022 quarterly Mar 1995 - Dec 2022
Singapore (%) 31.5 2024 yearly 1960 - 2024
Slovakia (%) 61.9 Dec 2022 quarterly Mar 1993 - Dec 2022
Slovenia (%) 53.3 Dec 2024 quarterly Mar 1995 - Dec 2024
South Africa (%) 67.3 Dec 2024 quarterly Mar 1960 - Dec 2024
Spain (%) 54.5 Dec 2024 quarterly Mar 1980 - Dec 2024
Sri Lanka (%) 73.3 Sep 2024 quarterly Mar 2010 - Sep 2024
Sudan (%) 77.8 2016 yearly 1976 - 2016
Sweden (%) 43.4 Dec 2024 quarterly Mar 1980 - Dec 2024
Switzerland (%) 51.2 Dec 2024 quarterly Mar 1980 - Dec 2024
Syria (%) 114.8 2022 yearly 1970 - 2022

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Laos Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.6 2023 yearly 2012 - 2023
Consolidated Fiscal Balance (USD mn) 96.753 2023 yearly 2010 - 2023
Tax Revenue (USD mn) 1,949.450 2023 yearly 2010 - 2023
Tax Revenue: % of GDP (%) 13.0 2023 yearly 2012 - 2023
Forecast: Government Expenditure (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Forecast: Government Net Debt (LAK bn) 152,655.509 2022 yearly 2001 - 2022
Forecast: Government Revenue (LAK bn) 40,599.931 2022 yearly 2000 - 2022
Govt Budget: TE: Capital Expenditure (LAK bn) 12,572.610 2018 yearly 2013 - 2018
Govt Budget: Revenue (LAK bn) 21,795.660 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Excise Tax (LAK bn) 4,742.820 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: Income Tax (LAK bn) 1,619.010 2018 yearly 2013 - 2018
Govt Budget: TE: Current Expenditure (CE) (LAK bn) 18,430.240 2018 yearly 2013 - 2018
Govt Budget: Revenue: Tax: VAT (LAK bn) 5,201.470 2018 yearly 2013 - 2018
Govt Budget: Total Expenditure (TE) (LAK bn) 31,002.850 2018 yearly 2013 - 2018
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 6.726 2028 yearly 1980 - 2028
Trade Balance (USD mn) 178.6 Sep 2024 quarterly Dec 1992 - Sep 2024
Total Exports (USD mn) 2,217.9 Sep 2024 quarterly Mar 2004 - Sep 2024
Total Exports Growth (%) 2.4 Sep 2024 quarterly Mar 2005 - Sep 2024
Aluminum: Exports (USD th) 1,135.414 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 330.538 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 218.709 2023 yearly 1995 - 2023
Total Imports (USD mn) 2,039.2 Sep 2024 quarterly Mar 2004 - Sep 2024
Total Imports Growth (%) 4.4 Sep 2024 quarterly Mar 2005 - Sep 2024
Imports: Medicament (USD th) 29,719.658 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 31,997.651 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 9.873 Nov 2024 monthly Feb 2005 - Nov 2024
Total Imports from USA (USD mn) 15.888 Nov 2024 monthly Aug 2003 - Nov 2024
Total Exports to China (USD mn) 571.291 Nov 2024 monthly Dec 1996 - Nov 2024
Total Imports from China (USD mn) 110.304 Nov 2024 monthly Dec 1996 - Nov 2024
Exports: Mineral Products (USD mn) 462.100 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Agricultural Products (USD mn) 147.760 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Wood Products, Pulp of Wood and Paper (USD mn) 194.390 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Iron, Steel and Other Metal Products (USD mn) 153.890 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Foods, Beverages, Pharmaceutical Products & Consumer Goods (USD mn) 220.430 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Electrical Machinery and Equipment (USD mn) 259.880 Sep 2024 quarterly Dec 2018 - Sep 2024
Exports: Plastic and Rubber Products (USD mn) 142.090 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Crude Oil, Fuel, Lubricant and Others (USD mn) 297.920 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Machinery and Mechanical Equipment (USD mn) 188.310 Sep 2024 quarterly Dec 2018 - Sep 2024
Imports: Extra-ASEAN: Japan (USD th) 93,722.000 2023 yearly 2010 - 2023
Imports: Extra-ASEAN: EU 27 Countries (USD th) 101,441.000 2023 yearly 2010 - 2023
Imports: Extra-ASEAN: China (USD th) 1,964,647.000 2023 yearly 2010 - 2023
Exports: Extra-ASEAN: EU 27 Countries (USD th) 269,683.000 2023 yearly 2007 - 2023
Exports: Intra-ASEAN: Vietnam (USD th) 1,390,684.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: China (USD th) 2,504,404.000 2023 yearly 2007 - 2023
Exports: Extra-ASEAN: India (USD th) 101,542.000 2023 yearly 2008 - 2023
Imports: Intra-ASEAN: Thailand (USD th) 3,844,420.000 2023 yearly 2010 - 2023
Imports: Intra-ASEAN: Vietnam (USD th) 532,132.000 2023 yearly 2010 - 2023
Exports: Intra-ASEAN: Thailand (USD th) 2,883,854.000 2023 yearly 2007 - 2023
Export Value Index (2015=100) 210.618 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 88.616 2021 yearly 2000 - 2021
Export Volume Index (2015=100) 99.478 2021 yearly 2000 - 2021
Import Value Index (2015=100) 110.567 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Current Account Balance (USD mn) 64.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Current Account Balance: % of GDP (%) 2.7 2023 yearly 1984 - 2023
Foreign Direct Investment (USD mn) 176.1 Sep 2024 quarterly Mar 2001 - Sep 2024
Foreign Direct Investment: % of GDP (%) 11.9 2023 yearly 1988 - 2023
Foreign Portfolio Investment (USD mn) -132.717 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -0.3 2023 yearly 1984 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -132.717 Sep 2024 quarterly Mar 1999 - Sep 2024
External Debt (USD mn) 10,253.1 2023 yearly 1996 - 2023
External Debt: % of GDP (%) 74.2 2023 yearly 1996 - 2023
Forecast: Current Account Balance (USD bn) 0.176 2029 yearly 1980 - 2029
BoP: FA: Porfolio Investment (USD mn) 361.05 Dec 2017 quarterly Mar 2004 - Dec 2017
FDI: France (USD th) 0.000 2021 yearly 2000 - 2021
FDI: Korea (USD th) 6,183.504 2021 yearly 2000 - 2021
FDI: Thailand (USD th) 341,152.687 2021 yearly 2000 - 2021
FDI: China (USD th) 1,254,236.569 2021 yearly 2000 - 2021
FDI (USD th) 7,927,677.215 2019 yearly 2010 - 2019
FDI: Vietnam (USD th) 176,991.125 2021 yearly 2000 - 2021
FDI: Mining and Quarrying (USD mn) 126.792 2017 yearly 2015 - 2017
FDI: Electricity, Gas and Air-Conditioning Supply (USD mn) 711.800 2017 yearly 2015 - 2017
FDI: Agriculture, Forestry and Fishing (USD mn) 381.683 2017 yearly 2015 - 2017
Foreign Direct Investment (FDI) (USD mn) 1,500.203 2023 yearly 2000 - 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.8 Sep 2024 quarterly Dec 2017 - Sep 2024
Money Supply M1 (USD mn) 825.869 Sep 2024 quarterly Dec 1999 - Sep 2024
Money Supply M2 (USD mn) 13,972.420 Sep 2024 quarterly Dec 1999 - Sep 2024
M2 Growth (%) 23.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Reserve Requirement Ratio (%) 8.0 Feb 2025 monthly Jan 2002 - Feb 2025
Foreign Exchange Reserves (USD mn) 1,819.3 Jun 2024 monthly Dec 1988 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 2.5 Jun 2024 quarterly Mar 2004 - Jun 2024
Gold Reserves (USD mn) 31.692 May 2021 monthly Jan 1989 - May 2021
Total Deposits (USD mn) 15,027.306 Jun 2024 quarterly Dec 2004 - Jun 2024
Total Deposits Growth (%) 36.9 Jun 2024 quarterly Dec 2005 - Jun 2024
Domestic Credit (USD mn) 10,675.1 Sep 2024 quarterly Dec 1991 - Sep 2024
Domestic Credit Growth (%) 21.3 Sep 2024 quarterly Dec 1992 - Sep 2024
Total Loans (USD mn) 9,211.862 Sep 2024 quarterly Dec 2004 - Sep 2024
Total Loans Growth (%) 20.94 Sep 2024 quarterly Dec 2005 - Sep 2024
Private Debt: % of Nominal GDP (%) 56.65 2023 yearly 2012 - 2023
Monetary Survey: Narrow Money (M1) (LAK bn) 16,961.698 Sep 2024 quarterly Dec 1991 - Sep 2024
Monetary Survey: Broad Money (M2) (LAK bn) 286,965.565 Sep 2024 quarterly Dec 1991 - Sep 2024
Reserve Requirement Rate: LAK (%) 8.000 2024 yearly 1989 - 2024
Commercial Banks (CB): Deposits (LAK bn) 309,487.370 Jun 2024 quarterly Dec 2004 - Jun 2024
Commercial Banks (CB): Loans: Total (LAK bn) 189,193.228 Sep 2024 quarterly Dec 2004 - Sep 2024

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