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Lao People’s Democratic Republic - Gross domestic product per capita based on purchasing-power-parity in constant prices of 2011

6,397 (international dollars) in 2017

In 2017, real GDP per capita based on PPP for Lao People’s Democratic Republic was 6,397 international dollars. Between 1998 and 2017, real GDP per capita based on PPP of Lao People’s Democratic Republic grew substantially from 2,265 to 6,397 international 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 based on PPP?

GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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.

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

Date Value Change, %
2017 6,397 5.34 %
2016 6,073 5.53 %
2015 5,755 5.86 %
2014 5,436 6.27 %
2013 5,116 6.71 %
2012 4,794 6.65 %
2011 4,495 6.55 %
2010 4,219 6.89 %
2009 3,947 5.76 %
2008 3,732 6.00 %
2007 3,521 5.78 %
2006 3,328