Laos vs Vietnam: DEC alternative conversion factor
DEC alternative conversion factor over time
- Laos
- Vietnam
How they compare
Vietnam currently reports 24,961 LCU per US$ against 20,444 LCU per US$ in Laos, a difference of 4,517 LCU per US$.
That makes Vietnam's figure about 1.2 times Laos's.
The two have swapped places 1 time across 45 shared years of data; in 1981 it was Laos ahead.
Laos ranks 5th and Vietnam ranks 4th of 215 countries.
Vietnam has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Laos | Vietnam | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 157.24 LCU per US$ | 575.93 LCU per US$ | 418.69 LCU per US$ | Vietnam |
| 1990s | 1,695 LCU per US$ | 10,823 LCU per US$ | 9,129 LCU per US$ | Vietnam |
| 2000s | 9,558 LCU per US$ | 15,675 LCU per US$ | 6,118 LCU per US$ | Vietnam |
| 2010s | 8,174 LCU per US$ | 21,369 LCU per US$ | 13,194 LCU per US$ | Vietnam |
| 2020s | 15,180 LCU per US$ | 23,759 LCU per US$ | 8,579 LCU per US$ | Vietnam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Laos or Vietnam?
- Vietnam, at 24,961 LCU per US$ against 20,444 LCU per US$ in Laos as of 2025.
- What is the difference in dec alternative conversion factor between Laos and Vietnam?
- 4,517 LCU per US$, with Vietnam ahead.
- How many years of comparable data are there for Laos and Vietnam?
- 45 years are reported by both, from 1981 to 2025.
- How do Laos and Vietnam rank globally for dec alternative conversion factor?
- Laos ranks 5th and Vietnam ranks 4th of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.