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.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.