Lao People's Democratic Republic vs Sao Tome and Principe: Classification of household consumption
Classification of household consumption over time
- Lao People's Democratic Republic
- Sao Tome and Principe
How they compare
Lao People's Democratic Republic currently reports 1 against 1 in Sao Tome and Principe, a difference of 0.
Across all 8 years both countries report, Sao Tome and Principe has been ahead every year.
Lao People's Democratic Republic ranks 1st and Sao Tome and Principe ranks 1st of 190 countries.
Sao Tome and Principe has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Sao Tome and Principe | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0 | 1 | 1 | Sao Tome and Principe |
| 2020s | 1 | 1 | 0 | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher classification of household consumption, Lao People's Democratic Republic or Sao Tome and Principe?
- Lao People's Democratic Republic, at 1 against 1 in Sao Tome and Principe as of 2023.
- What is the difference in classification of household consumption between Lao People's Democratic Republic and Sao Tome and Principe?
- 0, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Sao Tome and Principe?
- 8 years are reported by both, from 2016 to 2023.
- How do Lao People's Democratic Republic and Sao Tome and Principe rank globally for classification of household consumption?
- Lao People's Democratic Republic ranks 1st and Sao Tome and Principe ranks 1st of 190 countries.
- Where does this data come from?
- Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as Classification of household consumption. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Classification of Individual Consumption According to Purpose (COICOP) is used in household budget surveys, consumer price indices and international comparisons of gross domestic product (GDP) and its component expenditures. Although COICOP is not strictly linked to any particular model of consumer behavior, the classification is designed to broadly reflect differences in income elasticities. It is an integral part of the SNA1993 and more detailed subdivision of the classes provide comparability between countries and between statistics in these different areas.