Laos: Poverty ratio

The latest value from 2024 is 15 percent, a decline from 18.3 percent in 2018. In comparison, the world average is 21.01 percent, based on data from 24 countries. Historically, the average for Laos from 2018 to 2024 is 16.65 percent. The minimum value, 15 percent, was reached in 2024 while the maximum of 18.3 percent was recorded in 2018. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates from household surveys. For economies for which the data are from EU-SILC, the reported year is the income reference year, which is the year before the survey year.