Extreme monetary poverty and multidimensional poverty over time in Laos
Laos: Extreme monetary poverty and multidimensional poverty over time was 7.1% in 2024. ◆ Volatile
Extreme monetary poverty and multidimensional poverty over time in Laos, 1992–2024
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for extreme monetary poverty and multidimensional poverty over time in Laos is 7.1%, measured in 2024. That is the lowest value across all 7 years on record.
That represents a change of down 67.2% over ten years.
Over the whole period, extreme monetary poverty and multidimensional poverty over time 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.
Extreme monetary poverty and multidimensional poverty over time in Laos, year by year
| Year | % | Change |
|---|---|---|
| 1992 | 42.1% | — |
| 1997 | 62.0% | +47.1% |
| 2002 | 43.1% | -30.4% |
| 2007 | 36.0% | -16.6% |
| 2012 | 21.7% | -39.6% |
| 2018 | 15.7% | -27.9% |
| 2024 | 7.1% | -54.5% |
Laos compared with similar countries
- Laos's 7.1% is below the median for lower middle income countries, which is 9.7%, 73% of the median. (29 countries reporting)
- Laos's 7.1% is above the median for East Asia & Pacific, which is 0.9%, 7.9× the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Laos
- 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 extreme monetary poverty and multidimensional poverty over time in Laos?
- Extreme monetary poverty and multidimensional poverty over time 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 extreme monetary poverty and multidimensional poverty over time recorded in Laos?
- The highest recorded value was 62.0% in 1997.
- What is the lowest extreme monetary poverty and multidimensional poverty over time recorded in Laos?
- The lowest recorded value was 7.1% in 2024.
- How does Laos rank for extreme monetary poverty and multidimensional poverty over time?
- Laos ranks 34th out of 120 countries with data for 2024.
- Is extreme monetary poverty and multidimensional poverty over time 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 Extreme monetary poverty and multidimensional poverty over time. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $3 per day.