Military expenditure as % of GDP - Lao PDR

Value & RankThe Military expenditure as % of GDP of Lao PDR is 0.21 (% of GDP) with a global rank of 155.
Lao PDR compared to other CountriesThe Military expenditure as % of GDP of Lao PDR is similar to that of Luxembourg, Cape Verde, Guatemala, Nigeria, Moldova, Mauritius, Iceland, Haiti, Senegal, Sierra Leone with a respective Military expenditure as % of GDP of 0.51, 0.50, 0.48, 0.47, 0.31, 0.20, 0.13, 0.10, 0.00, 0.00 (% of GDP) and a global rank of 150, 151, 152, 153, 154, 156, 157, 158, 159, 160.Last 10 years averageLao PDR had an average Military expenditure as % of GDP of 0.35 (% of GDP) in the last 10 years from (2002 to 2012).
Lao PDR during the Great RecessionLao PDR's Military expenditure as % of GDP had a negative growth (decline) of 37.7% during the Great RecessionLao PDR since the end of the Great RecessionLao PDR's Military expenditure as % of GDP had a negative growth (decline) of 11.1% since the end of the Great Recession

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Datasource: Workbank - World Development Indicators