
Laos: Poverty at 5.50 USD per day
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Laos |
Poverty ratio, percent living on less than 5.50 USD a day |
---|---|
Latest value | 70.50 |
Year | 2018 |
Measure | percent |
Data availability | 1992 - 2018 |
Average | 85.70 |
Min - Max | 70.50 - 94.60 |
Source | The World Bank |
The latest value from 2018 is 70.5 percent, a decline from 78.8 percent in 2012. In comparison, the world average is 26.46 percent, based on data from 91 countries. Historically, the average for Laos from 1992 to 2018 is 85.7 percent. The minimum value, 70.5 percent, was reached in 2018 while the maximum of 94.6 percent was recorded in 1997.
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Recent data
Definition: Poverty headcount ratio at $6.85 a day is the percentage of the population living on less than $6.85 a day at 2017 international prices.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Gini inequality index | 38.80 | 2018 | index points |
Poverty ratio | 18.30 | 2018 | percent |
Poverty at 1.90 USD per day | 7.10 | 2018 | percent |
Poverty at 5.50 USD per day | 70.50 | 2018 | percent |
Top 10 percent income share | 31.20 | 2018 | percent |