Lao People’s Democratic Republic - Household consumption expenditure in constant prices of 2015

8,354,476,150 (US dollars) in 2022

In 2022, real household consumption for Lao People’s Democratic Republic was 8,354 million US dollars. Between 1973 and 2022, real household consumption of Lao People’s Democratic Republic grew substantially from 826 million to 8,354 million US dollars rising at an increasing annual rate that reached a maximum of 20.34% in 2000 and then decreased to -0.06% in 2022.

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What is real household consumption?

Household final consumption expenditure consists of the expenditure, including imputed expenditure, incurred by resident households on individual consumption goods and services, including those sold at prices that are not economically significant.

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What is Lao People’s Democratic Republic real household consumption?