Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic

Lao People's Democratic Republic: Share of population living in extreme poverty (2017 prices) was 7.1% in 2018. ◆ Volatile

Latest (2018)
7.1%
World rank
31st
of 119 countries
All-time high
43.2%
in 1997
All-time low
7.1%
in 2018
Years of data
6
1992–2018

Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic, 1992–2018

102030401992200520181992: 23.7 %1997: 43.2 %2002: 25.4 %2007: 19.5 %2012: 10.9 %2018: 7.1 %

Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.

Analysis

Lao People's Democratic Republic recorded 7.1% for share of population living in extreme poverty (2017 prices) in 2018. That is the lowest value across all 6 years on record.

Compared with earlier readings it is down 63.5% over ten years.

Over the whole period, share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic peaked at 43.2% in 1997 and was at its lowest, 7.1%, in 2018.

Lao People's Democratic Republic ranks 31st of 119 countries on this measure, in the middle of the range.

Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic, year by year

Annual values for Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic, 1992 to 2018.
Year % Change
1992 23.7%
1997 43.2% +82.3%
2002 25.4% -41.3%
2007 19.5% -23.0%
2012 10.9% -44.3%
2018 7.1% -34.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.4% 23.7% 43.2% 2
2000s 22.5% 19.5% 25.4% 2
2010s 9.0% 7.1% 10.9% 2

Countries ranked near Lao People's Democratic Republic

  1. 28 Senegal 9.9% compare
  2. 29 Côte d'Ivoire 9.7% compare
  3. 30 Guatemala 9.5% compare
  4. 32 Venezuela, Bolivarian Republic of 7.1% compare
  5. 33 Philippines 6.8% compare
  6. 34 Tajikistan 6.1% compare

See the full ranking of 119 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 living in extreme poverty (2017 prices) in Lao People's Democratic Republic?
Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic was 7.1% in 2018, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
What is the highest share of population living in extreme poverty (2017 prices) recorded in Lao People's Democratic Republic?
The highest recorded value was 43.2% in 1997.
What is the lowest share of population living in extreme poverty (2017 prices) recorded in Lao People's Democratic Republic?
The lowest recorded value was 7.1% in 2018.
How does Lao People's Democratic Republic rank for share of population living in extreme poverty (2017 prices)?
Lao People's Democratic Republic ranks 31st out of 119 countries with data for 2018.
Is share of population living in extreme poverty (2017 prices) rising or falling in Lao People's Democratic Republic?
Over the last ten years it is down 63.5%. 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 (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty (2017 prices). Statizoid updates them automatically from the source API.

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Share of population living in extreme poverty (2017 prices) in Lao People's Democratic Republic. Statizoid, drawing on World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Retrieved 03 September 2026, from https://poverty.statizoid.com/stat/share-of-population-living-in-extreme-poverty-2017-prices/lao-pdr/

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About this data

Indicator
Share of population living in extreme poverty (2017 prices)
Unit
%
Source
World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed

Percentage of population living in households with an income or consumption below $2.15 per day.