Mean income or consumption per day (2011 prices) in Lao People's Democratic Republic
Lao People's Democratic Republic: Mean income or consumption per day (2011 prices) was 5.25 international-$ in 2011 prices in 2018. ▲ Rising
Mean income or consumption per day (2011 prices) in Lao People's Democratic Republic, 1992–2018
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in international-$ in 2011 prices.
Analysis
Lao People's Democratic Republic recorded 5.25 international-$ in 2011 prices for mean income or consumption per day (2011 prices) in 2018. That is the highest value across all 6 years on record.
That represents a change of up 53.5% over ten years.
Over the whole period, mean income or consumption per day (2011 prices) in Lao People's Democratic Republic peaked at 5.25 international-$ in 2011 prices in 2018 and was at its lowest, 2.43 international-$ in 2011 prices, in 1997.
Lao People's Democratic Republic ranks 94th of 119 countries on this measure, in the bottom quarter.
Mean income or consumption per day (2011 prices) in Lao People's Democratic Republic, year by year
| Year | international-$ in 2011 prices | Change |
|---|---|---|
| 1992 | 3.17 international-$ in 2011 prices | — |
| 1997 | 2.43 international-$ in 2011 prices | -23.5% |
| 2002 | 2.99 international-$ in 2011 prices | +23.1% |
| 2007 | 3.42 international-$ in 2011 prices | +14.5% |
| 2012 | 4.36 international-$ in 2011 prices | +27.4% |
| 2018 | 5.25 international-$ in 2011 prices | +20.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8 international-$ in 2011 prices | 2.43 international-$ in 2011 prices | 3.17 international-$ in 2011 prices | 2 |
| 2000s | 3.2 international-$ in 2011 prices | 2.99 international-$ in 2011 prices | 3.42 international-$ in 2011 prices | 2 |
| 2010s | 4.8 international-$ in 2011 prices | 4.36 international-$ in 2011 prices | 5.25 international-$ in 2011 prices | 2 |
Countries ranked near Lao People's Democratic Republic
- 91 Mauritania 5.71 international-$ in 2011 prices compare
- 92 Egypt 5.43 international-$ in 2011 prices compare
- 93 Senegal 5.35 international-$ in 2011 prices compare
- 95 Côte d'Ivoire 5.25 international-$ in 2011 prices compare
- 96 Bangladesh 5.2 international-$ in 2011 prices compare
- 97 Gambia 4.88 international-$ in 2011 prices compare
More economy & growth data for Lao People's Democratic Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 1,869 constant 2015 US$ per person (2016)
- Gross national expenditure (current US$), annual growth rate 1.67 % change on previous year (2016)
- Gross national expenditure (current US$), per unit of GDP 1.09 current US$ per US$ of GDP (2016)
- Gross national expenditure (current US$), per capita 2,503 current US$ per person (2016)
- Gross national expenditure (current LCU), annual growth rate 1.63 % change on previous year (2016)
- Gross national expenditure (current LCU), per unit of GDP 8,829 current LCU per US$ of GDP (2016)
- Gross national expenditure (current LCU), per capita 20.34 million current LCU per person (2016)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.56 % change on previous year (2016)
Frequently asked questions
- What is mean income or consumption per day (2011 prices) in Lao People's Democratic Republic?
- Mean income or consumption per day (2011 prices) in Lao People's Democratic Republic was 5.25 international-$ in 2011 prices in 2018, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest mean income or consumption per day (2011 prices) recorded in Lao People's Democratic Republic?
- The highest recorded value was 5.25 international-$ in 2011 prices in 2018.
- What is the lowest mean income or consumption per day (2011 prices) recorded in Lao People's Democratic Republic?
- The lowest recorded value was 2.43 international-$ in 2011 prices in 1997.
- How does Lao People's Democratic Republic rank for mean income or consumption per day (2011 prices)?
- Lao People's Democratic Republic ranks 94th out of 119 countries with data for 2018.
- Is mean income or consumption per day (2011 prices) rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Mean income or consumption per day (2011 prices). Statizoid updates them automatically from the source API.
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About this data
The mean is the average income or consumption of the population.