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General government final consumption expenditure in constant LCU prices of 2010

(LCU)

In 2017, real general government final consumption in Lao People’s Democratic Republic was 18,151,802 million LCU. In the ranking by real general government final consumption including 195 countries, Lao People’s Democratic Republic has the 13th rank that is close to the positions of such countries as India and the Russian Federation. Compared to Iran which at the top of the ranking with real general government final consumption of 2,056,914,900 million LCU in 2017, Lao People’s Democratic Republic has 99.12 % percent lower real general government final consumption.

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What is real general government final consumption?

Government final consumption expenditure consists of expenditure, including imputed expenditure, incurred by general government on both individual consumption goods and services and collective consumption services.