Laos: Military spending, percent of GDP

The latest value from 2013 is 0.19 percent, a decline from 0.2 percent in 2012. In comparison, the world average is 1.83 percent, based on data from 150 countries. Historically, the average for Laos from 1992 to 2013 is 2.14 percent. The minimum value, 0.19 percent, was reached in 2013 while the maximum of 8.68 percent was recorded in 1992. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.