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

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

The share and number of people living in extreme poverty in Lao People's Democratic Republic, 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 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

Annual values for The share and number of people living in extreme poverty in Lao People's Democratic Republic, 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%

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 Lao People's Democratic Republic

  1. 31 Venezuela, Bolivarian Republic of 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 Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

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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The share and number of people living in extreme poverty in Lao People's Democratic Republic. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 10 September 2026, from https://poverty.statizoid.com/stat/the-share-and-number-of-people-living-in-extreme-poverty/lao-pdr/

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About this data

Indicator
The share and number of people 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, 2,148 data points, 1963–2025
Last refreshed

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