Military expenditure (current USD), annual growth rate in Lao People's Democratic Republic
Lao People's Democratic Republic: Military expenditure (current USD), annual growth rate was 11.56 % change on previous year in 2013. ◆ Volatile
Military expenditure (current USD), annual growth rate in Lao People's Democratic Republic, 1968–2013
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2013, military expenditure (current usd), annual growth rate in Lao People's Democratic Republic stood at 11.56 % change on previous year.
The figure is up 66.9% on the previous year and up 413.1% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in Lao People's Democratic Republic peaked at 23.79 % change on previous year in 2011 and was at its lowest, -53.87 % change on previous year, in 1999.
That places Lao People's Democratic Republic 70th out of 164 countries with data for 2013, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1968 | -0.2332 % change on previous year | — |
| 1969 | 1.9 % change on previous year | -912.6% |
| 1970 | 5.29 % change on previous year | +179.2% |
| 1971 | 2.67 % change on previous year | -49.5% |
| 1972 | -48.15 % change on previous year | -1903.5% |
| 1973 | 4.77 % change on previous year | -109.9% |
| 1993 | 5.23 % change on previous year | +9.7% |
| 1994 | 7.86 % change on previous year | +50.3% |
| 1995 | -10.68 % change on previous year | -235.9% |
| 1996 | -24.36 % change on previous year | +128.1% |
| 1997 | -14.51 % change on previous year | -40.4% |
| 1998 | -50.27 % change on previous year | +246.5% |
| 1999 | -53.87 % change on previous year | +7.2% |
| 2000 | -10.82 % change on previous year | -79.9% |
| 2001 | -8.33 % change on previous year | -23.0% |
| 2002 | -9.06 % change on previous year | +8.7% |
| 2003 | -3.69 % change on previous year | -59.2% |
| 2004 | 4.39 % change on previous year | -218.9% |
| 2005 | 4.08 % change on previous year | -7.1% |
| 2006 | 12.07 % change on previous year | +195.9% |
| 2007 | 10.65 % change on previous year | -11.8% |
| 2008 | 9.63 % change on previous year | -9.6% |
| 2009 | -14.1 % change on previous year | -246.4% |
| 2010 | 9.9 % change on previous year | -170.2% |
| 2011 | 23.79 % change on previous year | +140.4% |
| 2012 | 6.93 % change on previous year | -70.9% |
| 2013 | 11.56 % change on previous year | +66.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.831 % change on previous year | -0.2332 % change on previous year | 1.9 % change on previous year | 2 |
| 1970s | -8.85 % change on previous year | -48.15 % change on previous year | 5.29 % change on previous year | 4 |
| 1990s | -20.09 % change on previous year | -53.87 % change on previous year | 7.86 % change on previous year | 7 |
| 2000s | -0.5188 % change on previous year | -14.1 % change on previous year | 12.07 % change on previous year | 10 |
| 2010s | 13.04 % change on previous year | 6.93 % change on previous year | 23.79 % change on previous year | 4 |
Countries ranked near Lao People's Democratic Republic
- 67 Eswatini 12.96 % change on previous year compare
- 68 Belgium 12.22 % change on previous year compare
- 69 Iraq 11.95 % change on previous year compare
- 71 Guinea 11.45 % change on previous year compare
- 72 Mozambique 11.39 % change on previous year compare
- 73 Bolivia, Plurinational State of 11.26 % change on previous year compare
More public sector data for Lao People's Democratic Republic
- Arms imports 7.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.9009 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 133.33 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 7.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 3.43 current USD per person (2013)
- Military expenditure (current USD), per unit of GDP 0.0019 current USD per US$ of GDP (2013)
- Military expenditure (current USD), gaps filled 22.68 million current USD (2013)
- Arms imports (SIPRI trend indicator values), per square kilometre 13 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 98.26 current USD per square kilometre (2013)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in Lao People's Democratic Republic?
- Military expenditure (current usd), annual growth rate in Lao People's Democratic Republic was 11.56 % change on previous year in 2013, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in Lao People's Democratic Republic?
- The highest recorded value was 23.79 % change on previous year in 2011.
- What is the lowest military expenditure (current usd), annual growth rate recorded in Lao People's Democratic Republic?
- The lowest recorded value was -53.87 % change on previous year in 1999.
- How does Lao People's Democratic Republic rank for military expenditure (current usd), annual growth rate?
- Lao People's Democratic Republic ranks 70th out of 164 countries with data for 2013.
- Is military expenditure (current usd), annual growth rate rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 413.1%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.