In 2017, GDP per capita (LCU) for Lao People’s Democratic Republic was 20.5 million LCU. Between 1998 and 2017, GDP per capita (LCU) of Lao People’s Democratic Republic grew substantially from 819,772 to 20.5 million LCU rising at an increasing annual rate that reached a maximum of 140.41 % in 1999 and then decreased to 7.29 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
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.