The share and number of people living in extreme poverty in Lao People's Democratic Republic
Lao People's Democratic Republic: The share and number of people living in extreme poverty was 7.1% in 2024. ◆ Volatile
The share and number of people living in extreme poverty in Lao People's Democratic Republic, 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 the share and number of people living in extreme poverty in Lao People's Democratic Republic is 7.1%, measured in 2024. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 67.2% over ten years.
Over the whole period, the share and number of people living in extreme poverty in Lao People's Democratic Republic peaked at 62.0% in 1997 and was at its lowest, 7.1%, in 2024.
Lao People's Democratic Republic ranks 34th of 120 countries on this measure, in the middle of the range.
The share and number of people living in extreme poverty in Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
- 31 Venezuela, Bolivarian Republic of 9.7% compare
- 32 Guatemala 9.7% compare
- 33 Colombia 8.5% compare
- 35 Nicaragua 6.6% compare
- 36 Tajikistan 6.1% compare
- 37 Bangladesh 5.9% compare
More poverty & inequality data for Lao People's Democratic Republic
- 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 the share and number of people living in extreme poverty in Lao People's Democratic Republic?
- The share and number of people living in extreme poverty in Lao People's Democratic Republic 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 the share and number of people living in extreme poverty recorded in Lao People's Democratic Republic?
- The highest recorded value was 62.0% in 1997.
- What is the lowest the share and number of people living in extreme poverty recorded in Lao People's Democratic Republic?
- The lowest recorded value was 7.1% in 2024.
- How does Lao People's Democratic Republic rank for the share and number of people living in extreme poverty?
- Lao People's Democratic Republic ranks 34th out of 120 countries with data for 2024.
- Is the share and number of people living 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 World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of The share and number of people living in extreme poverty. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $3 per day.