Poverty gap at $3.00 a day (2021 PPP) in Laos
Laos: Poverty gap at $3.00 a day (2021 PPP) was 1.5% in 2024. ◆ Volatile
Poverty gap at $3.00 a day (2021 PPP) in Laos, 1992–2024
Source: 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 econ. Measured in %.
Analysis
The most recent figure for poverty gap at $3.00 a day (2021 ppp) in Laos is 1.5%, measured in 2024. That is the lowest value across all 7 years on record.
That represents a change of down 70.0% over ten years.
Over the whole period, poverty gap at $3.00 a day (2021 ppp) in Laos peaked at 20.5% in 1997 and was at its lowest, 1.5%, in 2024.
Laos ranks 35th of 121 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.7% | 10.9% | 20.5% | 2 |
| 2000s | 10.3% | 9.2% | 11.4% | 2 |
| 2010s | 4.2% | 3.3% | 5.0% | 2 |
| 2020s | 1.5% | 1.5% | 1.5% | 1 |
Countries ranked near Laos
- 33 Nicaragua 1.8% compare
- 34 El Salvador 1.7% compare
- 35 North Macedonia 1.5% compare
- 35 Peru 1.5% compare
- 38 Montenegro 1.2% compare
More poverty & inequality data for Laos
- Poverty headcount ratio at $8.30 a day (2021 PPP) 70.3% (2024)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 22.5% (2024)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 7.1% (2024)
- Prosperity gap 5.1 average shortfall from a prosperity standard of $28/day (2024)
- Poverty gap at $8.30 a day (2021 PPP) 27.0% (2024)
- Poverty headcount ratio at societal poverty line 25.3% (2024)
- Poverty gap at $4.20 a day (2021 PPP) 5.2% (2024)
- Population living in slums 54.8% (2022)
- Income share held by second 20% 12.0% (2024)
- Gini index 34.7 (2024)
Frequently asked questions
- What is poverty gap at $3.00 a day (2021 ppp) in Laos?
- Poverty gap at $3.00 a day (2021 ppp) in Laos was 1.5% in 2024, according to 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 econ.
- What is the highest poverty gap at $3.00 a day (2021 ppp) recorded in Laos?
- The highest recorded value was 20.5% in 1997.
- What is the lowest poverty gap at $3.00 a day (2021 ppp) recorded in Laos?
- The lowest recorded value was 1.5% in 2024.
- How does Laos rank for poverty gap at $3.00 a day (2021 ppp)?
- Laos ranks 35th out of 121 countries with data for 2024.
- Is poverty gap at $3.00 a day (2021 ppp) rising or falling in Laos?
- Over the last ten years it is down 70.0%. The long-run trend across the full record is volatile.
- Where does this Laos data come from?
- The figures come from 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 econ, published as part of Poverty gap at $3.00 a day (2021 PPP) (%). Statizoid updates them automatically from the source API.
Download this data
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About this data
Poverty gap at $3.00 a day (2021 PPP) is the mean shortfall in income or consumption from the poverty line $3.00 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.