Poverty: Share of population living on less than $40 a day in Lao People's Democratic Republic

Lao People's Democratic Republic: Poverty: Share of population living on less than $40 a day was 99.3% in 2024. ▬ Flat

Latest (2024)
99.3%
World rank
34th
of 120 countries
All-time high
100.0%
in 1997
All-time low
99.3%
in 2024
Years of data
7
1992–2024

Poverty: Share of population living on less than $40 a day in Lao People's Democratic Republic, 1992–2024

0204060801001992200820241992: 99.9 %1997: 100 %2002: 99.9 %2007: 99.8 %2012: 99.8 %2018: 99.3 %2024: 99.3 %

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

Analysis

The most recent figure for poverty: share of population living on less than $40 a day in Lao People's Democratic Republic is 99.3%, measured in 2024. That is the lowest value across all 7 years on record.

That represents a change of down 0.5% over ten years.

Over the whole period, poverty: share of population living on less than $40 a day in Lao People's Democratic Republic peaked at 100.0% in 1997 and was at its lowest, 99.3%, in 2024.

That places Lao People's Democratic Republic 34th out of 120 countries with data for 2024, putting it in the middle of the range.

Poverty: Share of population living on less than $40 a day in Lao People's Democratic Republic, year by year

Annual values for Poverty: Share of population living on less than $40 a day in Lao People's Democratic Republic, 1992 to 2024.
Year % Change
1992 99.9%
1997 100.0% +0.0%
2002 99.9% -0.0%
2007 99.8% -0.1%
2012 99.8% -0.1%
2018 99.3% -0.5%
2024 99.3% -0.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 99.9% 99.9% 100.0% 2
2000s 99.9% 99.8% 99.9% 2
2010s 99.5% 99.3% 99.8% 2
2020s 99.3% 99.3% 99.3% 1

Countries ranked near Lao People's Democratic Republic

  1. 31 Cameroon 99.5% compare
  2. 32 Egypt 99.5% compare
  3. 33 Armenia 99.5% compare
  4. 35 Tajikistan 99.3% compare
  5. 36 Indonesia 99.1% compare
  6. 37 Azerbaijan 99.1% compare

See the full ranking of 120 places →

More poverty & inequality data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is poverty: share of population living on less than $40 a day in Lao People's Democratic Republic?
Poverty: share of population living on less than $40 a day in Lao People's Democratic Republic was 99.3% in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest poverty: share of population living on less than $40 a day recorded in Lao People's Democratic Republic?
The highest recorded value was 100.0% in 1997.
What is the lowest poverty: share of population living on less than $40 a day recorded in Lao People's Democratic Republic?
The lowest recorded value was 99.3% in 2024.
How does Lao People's Democratic Republic rank for poverty: share of population living on less than $40 a day?
Lao People's Democratic Republic ranks 34th out of 120 countries with data for 2024.
Is poverty: share of population living on less than $40 a day rising or falling in Lao People's Democratic Republic?
Over the last ten years it is down 0.5%. The long-run trend across the full record is flat.
Where does this Lao People's Democratic Republic 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 Poverty: Share of population living on less than $40 a day. Statizoid updates them automatically from the source API.

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Poverty: Share of population living on less than $40 a day in Lao People's Democratic Republic. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://poverty.statizoid.com/stat/poverty-share-of-population-living-on-less-than-40-a-day/lao-pdr/

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About this data

Indicator
Poverty: Share of population living on less than $40 a day
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 $40 per day.