In 2017, general government total expenditure for Lao People’s Democratic Republic was 30,921 billion LCU. General government total expenditure of Lao People’s Democratic Republic increased from 4,017 billion LCU in 2003 to 30,921 billion LCU in 2017 growing at an average annual rate of 16.53 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Total expenditure consists of total expense and the net acquisition of non-financial 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 non-financial assets into account.