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Lao People’s Democratic Republic - General government total expenditure in % of GDP

22.5 (%) in 2017

In 2017, general government total expenditure (% of GDP) for Lao People’s Democratic Republic was 22.5 %. Though Lao People’s Democratic Republic general government total expenditure (% of GDP) fluctuated substantially in recent years, it tended to increase through 2003 - 2017 period ending at 22.5 % in 2017.

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What is general government total expenditure (% of GDP)?

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.

What is Lao People’s Democratic Republic general government total expenditure (% of GDP)?

Date Value Change, %
2017 22.5 7.50 %
2016 21.0 -10.82 %
2015 23.5 -5.47 %
2014 24.9 -4.78 %
2013 26.1 19.38 %
2012 21.9 1.45 %
2011 21.6 -6.22 %
2010 23.0 23.58 %
2009 18.6 20.59 %
2008 15.4 -5.31 %
2007 16.3 3.94 %
2006 15.7