Hungary vs Laos: Goods and services expense
Goods and services expense over time
- Hungary
- Laos
How they compare
Hungary currently reports 5.22 trillion current LCU against 3.81 trillion current LCU in Laos, a difference of 1.41 trillion current LCU.
That makes Hungary's figure about 1.4 times Laos's.
The two have swapped places 1 time across 15 shared years of data; in 2008 it was Laos ahead.
Hungary ranks 14th and Laos ranks 17th of 155 countries.
Across the 3 decades both report, Hungary averaged higher in 1 and Laos in 2.
Head to head by decade
| Decade | Hungary | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.14 trillion current LCU | 1.47 trillion current LCU | 332.95 billion current LCU | Laos |
| 2010s | 1.90 trillion current LCU | 3.42 trillion current LCU | 1.51 trillion current LCU | Laos |
| 2020s | 3.73 trillion current LCU | 3.41 trillion current LCU | 319.45 billion current LCU | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Hungary or Laos?
- Hungary, at 5.22 trillion current LCU against 3.81 trillion current LCU in Laos as of 2024.
- What is the difference in goods and services expense between Hungary and Laos?
- 1.41 trillion current LCU, with Hungary ahead.
- How many years of comparable data are there for Hungary and Laos?
- 15 years are reported by both, from 2008 to 2022.
- How do Hungary and Laos rank globally for goods and services expense?
- Hungary ranks 14th and Laos ranks 17th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.