Laos: Poverty at 5.50 USD per day
* indicates monthly or quarterly data series
| Laos |
Poverty ratio, percent living on less than 5.50 USD a day |
|---|---|
| Latest value | 70.30 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1992 - 2024 |
| Average | 85.61 |
| Min - Max | 70.30 - 95.60 |
| Source | The World Bank |
| Available for | Data download |
The latest value from 2024 is 70.3 percent, a decline from 75.3 percent in 2018. In comparison, the world average is 33.96 percent, based on data from 25 countries. Historically, the average for Laos from 1992 to 2024 is 85.61 percent. The minimum value, 70.3 percent, was reached in 2024 while the maximum of 95.6 percent was recorded in 1997.
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* indicates monthly or quarterly data series
| Recent values | Laos: Poverty at 5.50 USD per day |
|---|---|
| 2024 | 70.30 |
| 2018 | 75.30 |
| 2012 | 82.50 |
| 2007 | 90.20 |
| 2002 | 93.60 |
| 1997 | 95.60 |
| 1992 | 91.80 |
Definition: Poverty headcount ratio at $8.30 a day is the percentage of the population living on less than $8.30 a day at 2021 international prices.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Gini inequality index | 34.70 | 2024 | index points |
| Poverty ratio | 15.00 | 2024 | percent |
| Poverty at 1.90 USD per day | 7.10 | 2024 | percent |
| Poverty at 5.50 USD per day | 70.30 | 2024 | percent |
| Top 10 percent income share | 28.50 | 2024 | percent |