Lao People’s Democratic Republic - Poverty gap at $1.9 a day based on purchasing-power-parity

1.8 (%) in 2018

In 2018, poverty gap at $1.9 a day for Lao People’s Democratic Republic was 1.8 %. Poverty gap at $1.9 a day of Lao People’s Democratic Republic fell gradually from 15 % in 1997 to 1.8 % in 2018.

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What is poverty gap at $1.9 a day?

Poverty gap at $1.90 a day (2011 PPP) is the mean shortfall in income or consumption from the poverty line $1.90 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.

What is Lao People’s Democratic Republic poverty gap at $1.9 a day?