Share in extreme poverty vs. poverty gap index in Laos

Laos: Share in extreme poverty vs. poverty gap index was 7.1% in 2024. ◆ Volatile

Latest (2024)
7.1%
World rank
34th
of 120 countries
All-time high
62.0%
in 1997
All-time low
7.1%
in 2024
Years of data
7
1992–2024

Share in extreme poverty vs. poverty gap index in Laos, 1992–2024

02040601992200820241992: 42.1 %1997: 62 %2002: 43.1 %2007: 36 %2012: 21.7 %2018: 15.7 %2024: 7.1 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Laos recorded 7.1% for share in extreme poverty vs. poverty gap index in 2024. That is the lowest value across all 7 years on record.

Compared with earlier readings it is down 67.2% over ten years.

Over the whole period, share in extreme poverty vs. poverty gap index in Laos peaked at 62.0% in 1997 and was at its lowest, 7.1%, in 2024.

Laos ranks 34th of 120 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.1% 42.1% 62.0% 2
2000s 39.5% 36.0% 43.1% 2
2010s 18.7% 15.7% 21.7% 2
2020s 7.1% 7.1% 7.1% 1

Countries ranked near Laos

  1. 31 Venezuela 9.7% compare
  2. 32 Guatemala 9.7% compare
  3. 33 Colombia 8.5% compare
  4. 35 Nicaragua 6.6% compare
  5. 36 Tajikistan 6.1% compare
  6. 37 Bangladesh 5.9% compare

See the full ranking of 120 places →

More poverty & inequality data for Laos

All data for Laos →

Frequently asked questions

What is share in extreme poverty vs. poverty gap index in Laos?
Share in extreme poverty vs. poverty gap index in Laos was 7.1% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest share in extreme poverty vs. poverty gap index recorded in Laos?
The highest recorded value was 62.0% in 1997.
What is the lowest share in extreme poverty vs. poverty gap index recorded in Laos?
The lowest recorded value was 7.1% in 2024.
How does Laos rank for share in extreme poverty vs. poverty gap index?
Laos ranks 34th out of 120 countries with data for 2024.
Is share in extreme poverty vs. poverty gap index rising or falling in Laos?
Over the last ten years it is down 67.2%. The long-run trend across the full record is volatile.
Where does this Laos data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Share in extreme poverty vs. poverty gap index. Statizoid updates them automatically from the source API.

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About this data

Indicator
Share in extreme poverty vs. poverty gap index
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $3 per day.