Lao PDR - GDP per capita, PPP (current international $)

The latest value for GDP per capita, PPP (current international $) in Lao PDR was 8,239 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 8,239 in 2020 and 1,025 in 1990.

Definition: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,025
1991 1,075
1992 1,129
1993 1,193
1994 1,285
1995 1,372
1996 1,463
1997 1,560
1998 1,610
1999 1,722
2000 1,832
2001 1,948
2002 2,064
2003 2,197
2004 2,363
2005 2,570
2006 2,829
2007 3,074
2008 3,322
2009 3,539
2010 3,823
2011 4,151
2012 4,842
2013 5,289
2014 5,874
2015 6,168
2016 6,844
2017 7,258
2018 7,775
2019 8,220
2020 8,239

Statistical Concept and Methodology: For more information, see the metadata for PPP GDP in current international dollars (NY.GDP.MKTP.PP.CD) and total population (SP.POP.TOTL).

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity