In 2017, real GDP per capita (LCU) for Lao People’s Democratic Republic was 17 million LCU. Between 1998 and 2017, real GDP per capita (LCU) of Lao People’s Democratic Republic grew substantially from 6.01 million to 17 million LCU rising at an increasing annual rate that reached a maximum of 6.89 % in 2010 and then decreased to 5.34 % 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 at purchaser's prices 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.