Poverty gap at $8.30 a day (2021 PPP) in Lao People's Democratic Republic
Lao People's Democratic Republic: Poverty gap at $8.30 a day (2021 PPP) was 27.0% in 2024. ▼ Falling
Poverty gap at $8.30 a day (2021 PPP) in Lao People's Democratic Republic, 1992–2024
Source: 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. Measured in %.
Analysis
The most recent figure for poverty gap at $8.30 a day (2021 ppp) in Lao People's Democratic Republic is 27.0%, measured in 2024. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 32.2% over ten years.
Over the whole period, poverty gap at $8.30 a day (2021 ppp) in Lao People's Democratic Republic peaked at 62.6% in 1997 and was at its lowest, 27.0%, in 2024.
Lao People's Democratic Republic ranks 30th of 123 countries on this measure, in the top quarter.
Poverty gap at $8.30 a day (2021 PPP) in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 52.3% | — |
| 1997 | 62.6% | +19.7% |
| 2002 | 54.3% | -13.3% |
| 2007 | 50.0% | -7.9% |
| 2012 | 39.8% | -20.4% |
| 2018 | 33.8% | -15.1% |
| 2024 | 27.0% | -20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 57.5% | 52.3% | 62.6% | 2 |
| 2000s | 52.1% | 50.0% | 54.3% | 2 |
| 2010s | 36.8% | 33.8% | 39.8% | 2 |
| 2020s | 27.0% | 27.0% | 27.0% | 1 |
Countries ranked near Lao People's Democratic Republic
- 27 India 31.1% compare
- 28 Mauritania 28.7% compare
- 29 South Africa 28.4% compare
- 31 Bangladesh 26.4% compare
- 32 Honduras 23.4% compare
- 33 Indonesia 23.1% compare
More poverty & inequality data for Lao People's Democratic Republic
- Data deprivation poverty surveys per decade 2 (2025)
- Fertility rate vs the share living in extreme poverty 2.42 (2023)
- Cereal yield vs extreme poverty 4,196 (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate 2.31 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 10.62 (2022)
- Tax revenues vs income inequality 10.62 (2022)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2022)
- Tax revenues vs income inequality, annual growth rate 3.57 % change on previous year (2022)
- Gender inequality index from the human development report 0.475 (2023)
Frequently asked questions
- What is poverty gap at $8.30 a day (2021 ppp) in Lao People's Democratic Republic?
- Poverty gap at $8.30 a day (2021 ppp) in Lao People's Democratic Republic was 27.0% in 2024, according to 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.
- What is the highest poverty gap at $8.30 a day (2021 ppp) recorded in Lao People's Democratic Republic?
- The highest recorded value was 62.6% in 1997.
- What is the lowest poverty gap at $8.30 a day (2021 ppp) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 27.0% in 2024.
- How does Lao People's Democratic Republic rank for poverty gap at $8.30 a day (2021 ppp)?
- Lao People's Democratic Republic ranks 30th out of 123 countries with data for 2024.
- Is poverty gap at $8.30 a day (2021 ppp) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 32.2%. The long-run trend across the full record is falling.
- Where does this Lao People's Democratic Republic data come from?
- The figures 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 part of Poverty gap at $8.30 a day (2021 PPP) (%). Statizoid updates them automatically from the source API.
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About this data
Poverty gap at $8.30 a day (2021 PPP) is the mean shortfall in income or consumption from the poverty line $8.30 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.