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Lao PDRPoverty at $3.00/day (2021 PPP, %)

Category: Poverty & InequalitySource: World Bank World Development IndicatorsGlobal Rank: #30 of 115Series years: 20022024
Latest Value
7.1%
2024
Global Rank
#30
of 115 countries
Maximum
43.1%
2002
Minimum
7.1%
2024
CAGR
-7.9%
5 years
Last
7.1%
Previous
Highest
43.1%
Lowest
7.1%
Unit
% of population
Source
World Bank World Development Indicators

Lao PDR's poverty at $3.00/day (2021 PPP, %) was 7.1% in 2024, ranking #30 out of 115 countries. Over the past 5 years, the highest recorded value was 43.1% (2002) and the lowest was 7.1% (2024). Data sourced from the World Bank World Development Indicators.

Lao PDR — Poverty at $3.00/day (2021 PPP, %): 7.1 % of population for reference year 2024. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20247.1%-54.8%
201815.7%-27.6%
201221.7%-39.7%
200736.0%-16.5%
200243.1%

Top Countries — Poverty at $3.00/day (2021 PPP, %)

#CountryValueYear
1Congo, Dem. Rep.85.3%2020
2Mozambique81.4%2022
3Burundi74.2%2020
4Zambia71.7%2022
5Central African Republic71.6%2021
6Madagascar69.2%2021
7Niger60.5%2021
8Kenya45.5%2022
9Burkina Faso42.1%2021
10Nigeria41.8%2022
View all 115 countries →

About This Indicator

Definition

Poverty headcount ratio at $3.00 a day is the percentage of the population living on less than $3.00 a day at 2021 purchasing power adjusted prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.

Methodology

Original contributors: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org., World Bank (WB), uri: http://pip.worldbank.org, note: Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database.

Unit

% of population

Source: World Bank (World Development Indicators)Available series: 20022024View original source →