Poverty headcount ratio at $3.00 a day (2021 PPP) in Lao People's Democratic Republic
Lao People's Democratic Republic: Poverty headcount ratio at $3.00 a day (2021 PPP) was 7.1% in 2024. ◆ Volatile
Poverty headcount ratio at $3.00 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 % of population.
Analysis
The most recent figure for poverty headcount ratio at $3.00 a day (2021 ppp) in Lao People's Democratic Republic is 7.1%, measured in 2024. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 67.3% over ten years.
Over the whole period, poverty headcount ratio at $3.00 a day (2021 ppp) in Lao People's Democratic Republic peaked at 62.0% in 1997 and was at its lowest, 7.1%, in 2024.
That places Lao People's Democratic Republic 35th out of 123 countries with data for 2024, putting it in the middle of the range.
Poverty headcount ratio at $3.00 a day (2021 PPP) in Lao People's Democratic Republic, year by year
| Year | % of population | Change |
|---|---|---|
| 1992 | 42.1% | — |
| 1997 | 62.0% | +47.3% |
| 2002 | 43.1% | -30.5% |
| 2007 | 36.0% | -16.5% |
| 2012 | 21.7% | -39.7% |
| 2018 | 15.7% | -27.6% |
| 2024 | 7.1% | -54.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 52.0% | 42.1% | 62.0% | 2 |
| 2000s | 39.5% | 36.0% | 43.1% | 2 |
| 2010s | 18.7% | 15.7% | 21.7% | 2 |
| 2020s | 7.1% | 7.1% | 7.1% | 1 |
Countries ranked near Lao People's Democratic Republic
- 32 Guatemala 9.7% compare
- 32 Venezuela, Bolivarian Republic of 9.7% compare
- 34 Colombia 8.5% compare
- 36 Nicaragua 6.6% compare
- 37 Tajikistan 6.1% compare
- 38 Bangladesh 5.9% compare
More poverty & inequality data for Lao People's Democratic Republic
- Number of income/consumption surveys in the past decade available via the World Bank 2 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.42 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,196 kg per hectare (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 revenue as share of GDP vs. income inequality 10.6% (2022)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2022)
Frequently asked questions
- What is poverty headcount ratio at $3.00 a day (2021 ppp) in Lao People's Democratic Republic?
- Poverty headcount ratio at $3.00 a day (2021 ppp) in Lao People's Democratic Republic was 7.1% 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 headcount ratio at $3.00 a day (2021 ppp) recorded in Lao People's Democratic Republic?
- The highest recorded value was 62.0% in 1997.
- What is the lowest poverty headcount ratio at $3.00 a day (2021 ppp) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 7.1% in 2024.
- How does Lao People's Democratic Republic rank for poverty headcount ratio at $3.00 a day (2021 ppp)?
- Lao People's Democratic Republic ranks 35th out of 123 countries with data for 2024.
- Is poverty headcount ratio at $3.00 a day (2021 ppp) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 67.3%. The long-run trend across the full record is volatile.
- 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 headcount ratio at $3.00 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 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.