Laos vs Nicaragua: Goods and services expense (% of expense)
Laos
17.0%
in 2022
Nicaragua
17.0%
in 2023
Laos rank
58th
Nicaragua rank
60th
Goods and services expense (% of expense) over time
- Laos
- Nicaragua
How they compare
Laos currently reports 17.0% against 17.0% in Nicaragua, a difference of 0.0%.
Across all 15 years both countries report, Laos has been ahead every year.
Laos ranks 58th and Nicaragua ranks 60th of 154 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Laos | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.1% | 14.2% | 12.9% | Laos |
| 2010s | 24.1% | 15.9% | 8.3% | Laos |
| 2020s | 16.6% | 15.9% | 0.6% | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Laos or Nicaragua?
- Laos, at 17.0% against 17.0% in Nicaragua as of 2022.
- What is the difference in goods and services expense between Laos and Nicaragua?
- 0.0%, with Laos ahead.
- How many years of comparable data are there for Laos and Nicaragua?
- 15 years are reported by both, from 2008 to 2022.
- How do Laos and Nicaragua rank globally for goods and services expense?
- Laos ranks 58th and Nicaragua ranks 60th of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.