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Lao People’s Democratic Republic - Gross domestic product per capita in constant prices of 2010

1,730 (US dollars) in 2017

In 2017, real GDP per capita for Lao People’s Democratic Republic was 1,730 US dollars. Between 1998 and 2017, real GDP per capita of Lao People’s Democratic Republic grew substantially from 613 to 1,730 US dollars rising at an increasing annual rate that reached a maximum of 6.89 % in 2010 and then decreased to 5.34 % in 2017.

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What is real 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.

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

Date Value Change, %
2017 1,730 5.34 %
2016 1,643 5.53 %
2015 1,557 5.86 %
2014 1,470 6.27 %
2013 1,384 6.71 %
2012 1,297 6.65 %
2011 1,216 6.55 %
2010 1,141 6.89 %
2009 1,068 5.76 %
2008 1,009 6.00 %
2007 952 5.78 %
2006 900