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Lao People’s Democratic Republic - Purchasing power parity conversion factor for gross domestic product

2,922.1 (LCU per international dollars) in 2017

In 2017, purchasing power parity for Lao People’s Democratic Republic was 2,922.1 LCU per international dollars. Purchasing power parity of Lao People’s Democratic Republic increased from 474.2 LCU per international dollars in 1998 to 2,922.1 LCU per international dollars in 2017 growing at an average annual rate of 12.13 %.

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What is purchasing power parity?

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 GDP.

What is Lao People’s Democratic Republic purchasing power parity?

Date Value Change, %
2017 2,922.1 0.05 %
2016 2,920.6 1.72 %
2015 2,871.1 1.25 %
2014 2,835.6 3.86 %
2013 2,730.1 4.78 %
2012 2,605.6 5.58 %
2011 2,467.8 8.23 %
2010 2,280.0 7.88 %
2009 2,113.5 -3.66 %
2008 2,193.9 6.77 %
2007 2,054.8 4.65 %
2006 1,963.4