In 2021, general government total expenditure (% of GDP) for Lao People’s Democratic Republic was 17.3 %. Though Lao People’s Democratic Republic general government total expenditure (% of GDP) fluctuated substantially in recent years, it tended to increase through 2002 - 2021 period ending at 17.3 % in 2021.
The description is composed by our digital data assistant.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.