Extreme poverty rate — all countries

Extreme poverty rate — Laos

Extreme poverty rate in Laos in 2024 — 7.1%. Ranked 21 in the world out of 25. Since 1992, the indicator has fallen by 35 pp.

2024 7.1% −8.6 pp vs 2018
World rank 21of 25
Period maximum 62%1997
Period minimum 7.1%2024

Trend over time

1992–2024 · % of population

Extreme poverty rate — Laos, 1992–20240204060801992199620002004200820122016202020241992: 42.1%1997: 62%2002: 43.1%2007: 36%2012: 21.7%2018: 15.7%2024: 7.1%
Change over the period: −35 pp Annual average: -1.09 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Laos

Laos 7.1%
World 10.4%
Extreme poverty rate — Laos, by year Laos All countries CSV XLSX
Year % Change, pp
2024 7.1
2018 15.7
2012 21.7
2007 36
2002 43.1
1997 62
1992 42.1

South-Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.

Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.

Source: World Development Indicators (World Bank), license CC BY 4.0.