South Korea vs Laos: GDP per capita
GDP per capita over time
- South Korea
- Laos
How they compare
South Korea currently reports 44.80 million constant LCU against 19.80 million constant LCU in Laos, a difference of 24.99 million constant LCU.
That makes South Korea's figure about 2.3 times Laos's.
Across all 42 years both countries report, South Korea has been ahead every year.
Globally, South Korea ranks 4th and Laos ranks 6th of 214 countries.
Individual pages
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.