Argentina vs Lao People's Democratic Republic: Poverty headcount ratio at societal poverty line
Poverty headcount ratio at societal poverty line over time
- Argentina
- Lao People's Democratic Republic
How they compare
Lao People's Democratic Republic currently reports 25.3% against 24.1% in Argentina, a difference of 1.2%.
Across all 7 years both countries report, Lao People's Democratic Republic has been ahead every year.
Argentina ranks 43rd and Lao People's Democratic Republic ranks 41st of 123 countries.
Lao People's Democratic Republic has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Argentina | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 26.1% | 52.0% | 25.9% | Lao People's Democratic Republic |
| 2000s | 31.1% | 40.8% | 9.6% | Lao People's Democratic Republic |
| 2010s | 23.9% | 31.8% | 7.9% | Lao People's Democratic Republic |
| 2020s | 24.1% | 25.3% | 1.2% | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher poverty headcount ratio at societal poverty line, Argentina or Lao People's Democratic Republic?
- Lao People's Democratic Republic, at 25.3% against 24.1% in Argentina as of 2024.
- What is the difference in poverty headcount ratio at societal poverty line between Argentina and Lao People's Democratic Republic?
- 1.2%, with Lao People's Democratic Republic ahead.
- How many years of comparable data are there for Argentina and Lao People's Democratic Republic?
- 7 years are reported by both, from 1992 to 2024.
- How do Argentina and Lao People's Democratic Republic rank globally for poverty headcount ratio at societal poverty line?
- Argentina ranks 43rd and Lao People's Democratic Republic ranks 41st of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Poverty headcount ratio at societal poverty line (% of population). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The poverty headcount ratio at societal poverty line is the percentage of a population living in poverty according to the World Bank's Societal Poverty Line. The Societal Poverty Line is expressed in purchasing power adjusted 2021 U.S. dollars and defined as max($3.00, $1.30 + 0.5*Median). This means that when the national median is sufficiently low, the Societal Poverty line is equivalent to the extreme poverty line, $3.00. For countries with a sufficiently high national median, the Societal Poverty Line grows as countries’ median income grows.