Lao People's Democratic Republic vs Viet Nam: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Lao People's Democratic Republic
- Viet Nam
How they compare
Viet Nam currently reports 6,991 LCU per international $ against 4,577 LCU per international $ in Lao People's Democratic Republic, a difference of 2,414 LCU per international $.
That makes Viet Nam's figure about 1.5 times Lao People's Democratic Republic's.
Across all 36 years both countries report, Viet Nam has been ahead every year.
Lao People's Democratic Republic ranks 6th and Viet Nam ranks 4th of 204 countries.
Viet Nam has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Lao People's Democratic Republic | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 319.63 LCU per international $ | 1,920 LCU per international $ | 1,600 LCU per international $ | Viet Nam |
| 2000s | 1,901 LCU per international $ | 3,656 LCU per international $ | 1,755 LCU per international $ | Viet Nam |
| 2010s | 2,739 LCU per international $ | 7,069 LCU per international $ | 4,330 LCU per international $ | Viet Nam |
| 2020s | 3,691 LCU per international $ | 6,986 LCU per international $ | 3,294 LCU per international $ | Viet Nam |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Lao People's Democratic Republic or Viet Nam?
- Viet Nam, at 6,991 LCU per international $ against 4,577 LCU per international $ in Lao People's Democratic Republic as of 2025.
- What is the difference in ppp conversion factor, gdp between Lao People's Democratic Republic and Viet Nam?
- 2,414 LCU per international $, with Viet Nam ahead.
- How many years of comparable data are there for Lao People's Democratic Republic and Viet Nam?
- 36 years are reported by both, from 1990 to 2025.
- How do Lao People's Democratic Republic and Viet Nam rank globally for ppp conversion factor, gdp?
- Lao People's Democratic Republic ranks 6th and Viet Nam ranks 4th of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.