Share of population in extreme poverty in Lao People's Democratic Republic

Lao People's Democratic Republic: Share of population in extreme poverty was 7.13 in 2024. ◆ Volatile

Latest (2024)
7.13
World rank
34th
of 120 countries
All-time high
61.99
in 1997
All-time low
7.13
in 2024
Years of data
7
1992–2024

Share of population in extreme poverty in Lao People's Democratic Republic, 1992–2024

02040601992200820241992: 42.11997: 622002: 43.12007: 362012: 21.72018: 15.72024: 7.1

Source: Our World in Data.

Analysis

The most recent figure for share of population in extreme poverty in Lao People's Democratic Republic is 7.13, 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 in extreme poverty in Lao People's Democratic Republic peaked at 61.99 in 1997 and was at its lowest, 7.13, 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.

Share of population in extreme poverty in Lao People's Democratic Republic, year by year

Annual values for Share of population in extreme poverty in Lao People's Democratic Republic, 1992 to 2024.
Year Value Change
1992 42.14
1997 61.99 +47.1%
2002 43.13 -30.4%
2007 35.95 -16.6%
2012 21.71 -39.6%
2018 15.66 -27.9%
2024 7.13 -54.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.06 42.14 61.99 2
2000s 39.54 35.95 43.13 2
2010s 18.68 15.66 21.71 2
2020s 7.13 7.13 7.13 1

Countries ranked near Lao People's Democratic Republic

  1. 31 Venezuela, Bolivarian Republic of 9.71 compare
  2. 32 Guatemala 9.66 compare
  3. 33 Colombia 8.5 compare
  4. 35 Nicaragua 6.57 compare
  5. 36 Tajikistan 6.13 compare
  6. 37 Bangladesh 5.91 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 share of population in extreme poverty in Lao People's Democratic Republic?
Share of population in extreme poverty in Lao People's Democratic Republic was 7.13 in 2024, according to Our World in Data.
What is the highest share of population in extreme poverty recorded in Lao People's Democratic Republic?
The highest recorded value was 61.99 in 1997.
What is the lowest share of population in extreme poverty recorded in Lao People's Democratic Republic?
The lowest recorded value was 7.13 in 2024.
How does Lao People's Democratic Republic rank for share of population in extreme poverty?
Lao People's Democratic Republic ranks 34th out of 120 countries with data for 2024.
Is share of population in extreme poverty rising or falling in Lao People's Democratic Republic?
Over the last ten years it is down 67.2%. 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 Our World in Data, published as part of Share of population in extreme poverty. Statizoid updates them automatically from the source API.

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Share of population in extreme poverty in Lao People's Democratic Republic. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://poverty.statizoid.com/stat/share-of-population-in-extreme-poverty/lao-pdr/

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About this data

Indicator
Share of population in extreme poverty
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed