Expense in Laos
Laos: Expense was 22.40 trillion current LCU in 2022. ▲ Rising
Expense in Laos, 2008–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Laos is 22.40 trillion current LCU, measured in 2022. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 14.0% on the previous year and up 149.8% over ten years.
Over the whole period, expense in Laos peaked at 22.40 trillion current LCU in 2022 and was at its lowest, 5.13 trillion current LCU, in 2008.
That places Laos 17th out of 157 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Expense in Laos, year by year
| Year | current LCU | Change |
|---|---|---|
| 2008 | 5.13 trillion current LCU | — |
| 2009 | 5.72 trillion current LCU | +11.4% |
| 2010 | 6.49 trillion current LCU | +13.5% |
| 2011 | 7.55 trillion current LCU | +16.3% |
| 2012 | 8.96 trillion current LCU | +18.8% |
| 2013 | 15.78 trillion current LCU | +76.0% |
| 2014 | 16.54 trillion current LCU | +4.8% |
| 2015 | 17.46 trillion current LCU | +5.6% |
| 2016 | 17.93 trillion current LCU | +2.7% |
| 2017 | 17.36 trillion current LCU | -3.2% |
| 2018 | 18.76 trillion current LCU | +8.1% |
| 2019 | 20.25 trillion current LCU | +7.9% |
| 2020 | 19.66 trillion current LCU | -2.9% |
| 2021 | 19.65 trillion current LCU | -0.0% |
| 2022 | 22.40 trillion current LCU | +14.0% |
Laos compared with similar countries
- Laos's 22.40 trillion current LCU is above the median for lower middle income countries, which is 316.16 billion current LCU, 70.8× the median. (37 countries reporting)
- Laos's 22.40 trillion current LCU is above the median for East Asia & Pacific, which is 94.75 billion current LCU, 236.4× the median. (26 countries reporting)
Biggest year-on-year movements
Years where Expense in Laos changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +76.0% | 8.96 trillion current LCU | 15.78 trillion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.43 trillion current LCU | 5.13 trillion current LCU | 5.72 trillion current LCU | 2 |
| 2010s | 14.71 trillion current LCU | 6.49 trillion current LCU | 20.25 trillion current LCU | 10 |
| 2020s | 20.57 trillion current LCU | 19.65 trillion current LCU | 22.40 trillion current LCU | 3 |
Countries ranked near Laos
More public sector data for Laos
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 1 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Laos?
- Expense in Laos was 22.40 trillion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Laos?
- The highest recorded value was 22.40 trillion current LCU in 2022.
- What is the lowest expense recorded in Laos?
- The lowest recorded value was 5.13 trillion current LCU in 2008.
- How does Laos rank for expense?
- Laos ranks 17th out of 157 countries with data for 2022.
- Is expense rising or falling in Laos?
- Over the last ten years it is up 149.8%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.