Share of population living in extreme poverty (Share World Bank) in Laos

Laos: Share of population living in extreme poverty (Share World Bank) 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 of population living in extreme poverty 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

The most recent figure for share of population living in extreme poverty 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, share of population living in extreme poverty in Laos peaked at 62.0% in 1997 and was at its lowest, 7.1%, in 2024.

That places Laos 34th out of 120 countries with data for 2024, putting it in the middle of the range.

Share of population living in extreme poverty (Share World Bank) in Laos, year by year

Annual values for Share of population living in extreme poverty in Laos, 1992 to 2024.
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

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 of population living in extreme poverty in Laos?
Share of population living in extreme poverty 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 of population living in extreme poverty recorded in Laos?
The highest recorded value was 62.0% in 1997.
What is the lowest share of population living in extreme poverty recorded in Laos?
The lowest recorded value was 7.1% in 2024.
How does Laos rank for share of population living in extreme poverty?
Laos ranks 34th out of 120 countries with data for 2024.
Is share of population living in extreme poverty 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 of population living in extreme poverty. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Share of population living in extreme poverty in Laos. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-of-population-in-extreme-poverty/lao-pdr/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://poverty.statizoid.com/stat/share-of-population-in-extreme-poverty/lao-pdr/">Share of population living in extreme poverty in Laos</a> — Statizoid

About this data

Indicator
Share of population living in extreme poverty
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, 2,152 data points, 1963–2025
Last refreshed

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