In 2016, PPP for private consumption for Lao People’s Democratic Republic was 3,246 LCU per international dollars. PPP for private consumption of Lao People’s Democratic Republic increased from 339.7 LCU per international dollars in 1997 to 3,246 LCU per international dollars in 2016 growing at an average annual rate of 15.58 %.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for private consumption (i.e., household final consumption expenditure).