Laos vs Somalia: Expense
Laos
22.40 trillion current LCU
in 2022
Somalia
18.92 trillion current LCU
in 2023
Laos rank
17th
Somalia rank
19th
Expense over time
- Laos
- Somalia
How they compare
Laos currently reports 22.40 trillion current LCU against 18.92 trillion current LCU in Somalia, a difference of 3.47 trillion current LCU.
That makes Laos's figure about 1.2 times Somalia's.
Laos ranks 17th and Somalia ranks 19th of 157 countries.
Laos has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 18.79 trillion current LCU | 6.42 trillion current LCU | 12.37 trillion current LCU | Laos |
| 2020s | 19.66 trillion current LCU | 12.18 trillion current LCU | 7.48 trillion current LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher expense, Laos or Somalia?
- Laos, at 22.40 trillion current LCU against 18.92 trillion current LCU in Somalia as of 2022.
- What is the difference in expense between Laos and Somalia?
- 3.47 trillion current LCU, with Laos ahead.
- How do Laos and Somalia rank globally for expense?
- Laos ranks 17th and Somalia ranks 19th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.