Laos vs Mongolia: GDP per capita
GDP per capita over time
- Laos
- Mongolia
How they compare
Laos currently reports 47.53 million current LCU against 25.20 million current LCU in Mongolia, a difference of 22.33 million current LCU.
That makes Laos's figure about 1.9 times Mongolia's.
The two have swapped places 2 times across 42 shared years of data; in 1984 it was Laos ahead.
Globally, Laos ranks 8th and Mongolia ranks 10th of 213 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.