Laos: Poverty at 1.90 USD per day
* indicates monthly or quarterly data series
| Laos |
Poverty ratio, percent living on less than 1.90 USD a day |
|---|---|
| Latest value | 7.10 |
| Year | 2018 |
| Measure | percent |
| Data availability | 1992 - 2018 |
| Average | 21.63 |
| Min - Max | 7.10 - 43.20 |
| Source | The World Bank |
The latest value from 2018 is 7.1 percent, a decline from 10.9 percent in 2012. In comparison, the world average is 5.22 percent, based on data from 91 countries. Historically, the average for Laos from 1992 to 2018 is 21.63 percent. The minimum value, 7.1 percent, was reached in 2018 while the maximum of 43.2 percent was recorded in 1997.
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* indicates monthly or quarterly data series
Recent data
Definition: Poverty headcount ratio at $2.15 a day is the percentage of the population living on less than $2.15 a day at 2017 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| 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 |