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Lao People’s Democratic Republic - Gross domestic product per capita in current prices

2,457 (US dollars) in 2017

In 2017, GDP per capita for Lao People’s Democratic Republic was 2,457 US dollars. Between 1998 and 2017, GDP per capita of Lao People’s Democratic Republic grew substantially from 249 to 2,457 US dollars rising at an increasing annual rate that reached a maximum of 26.73 % in 2008 and then decreased to 5.07 % in 2017.

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What is GDP per capita?

GDP per capita is gross domestic product divided by midyear population. GDP 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 U.S. dollars.

What is Lao People’s Democratic Republic GDP per capita?

Date Value Change, %
2017 2,457 5.07 %
2016 2,339 8.30 %
2015 2,159 7.03 %
2014 2,018 9.72 %
2013 1,839 15.75 %
2012 1,589 15.00 %
2011 1,381 21.06 %
2010 1,141 20.36 %
2009 948 5.41 %
2008 899 26.73 %
2007 710 20.24 %
2006 590