Laos vs Somalia: GDP per capita
GDP per capita over time
- Laos
- Somalia
How they compare
Laos currently reports 19.80 million constant LCU against 15.56 million constant LCU in Somalia, a difference of 4.24 million constant LCU.
That makes Laos's figure about 1.3 times Somalia's.
The two have swapped places 3 times across 42 shared years of data; in 1984 it was Somalia ahead.
Globally, Laos ranks 6th and Somalia ranks 8th of 214 countries.
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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.