Republic of Korea vs Lao People's Democratic Republic: GDP per capita
GDP per capita over time
- Republic of Korea
- Lao People's Democratic Republic
How they compare
Republic of Korea currently reports 44.80 million constant LCU against 19.80 million constant LCU in Lao People's Democratic Republic, a difference of 24.99 million constant LCU.
That makes Republic of Korea's figure about 2.3 times Lao People's Democratic Republic's.
Across all 42 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 4th and Lao People's Democratic Republic ranks 6th of 213 countries.
Republic of Korea has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Republic of Korea | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 8.64 million constant LCU | 4.14 million constant LCU | 4.50 million constant LCU | Republic of Korea |
| 1990s | 15.76 million constant LCU | 5.22 million constant LCU | 10.54 million constant LCU | Republic of Korea |
| 2000s | 25.96 million constant LCU | 8.12 million constant LCU | 17.84 million constant LCU | Republic of Korea |
| 2010s | 35.83 million constant LCU | 14.55 million constant LCU | 21.28 million constant LCU | Republic of Korea |
| 2020s | 42.78 million constant LCU | 18.64 million constant LCU | 24.14 million constant LCU | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, Republic of Korea or Lao People's Democratic Republic?
- Republic of Korea, at 44.80 million constant LCU against 19.80 million constant LCU in Lao People's Democratic Republic as of 2025.
- What is the difference in gdp per capita between Republic of Korea and Lao People's Democratic Republic?
- 24.99 million constant LCU, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Lao People's Democratic Republic?
- 42 years are reported by both, from 1984 to 2025.
- How do Republic of Korea and Lao People's Democratic Republic rank globally for gdp per capita?
- Republic of Korea ranks 4th and Lao People's Democratic Republic ranks 6th of 213 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as GDP per capita (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.