Lao People's Democratic Republic vs Nicaragua: Goods and services expense
Goods and services expense over time
- Lao People's Democratic Republic
- Nicaragua
How they compare
Lao People's Democratic Republic currently reports 17.0% against 17.0% in Nicaragua, a difference of 0.0%.
Across all 15 years both countries report, Lao People's Democratic Republic has been ahead every year.
Lao People's Democratic Republic ranks 58th and Nicaragua ranks 60th of 154 countries.
Lao People's Democratic Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 27.1% | 14.2% | 12.9% | Lao People's Democratic Republic |
| 2010s | 24.1% | 15.9% | 8.3% | Lao People's Democratic Republic |
| 2020s | 16.6% | 15.9% | 0.6% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Lao People's Democratic Republic or Nicaragua?
- Lao People's Democratic Republic, at 17.0% against 17.0% in Nicaragua as of 2022.
- What is the difference in goods and services expense between Lao People's Democratic Republic and Nicaragua?
- 0.0%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Nicaragua?
- 15 years are reported by both, from 2008 to 2022.
- How do Lao People's Democratic Republic and Nicaragua rank globally for goods and services expense?
- Lao People's Democratic Republic 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.
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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 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.