Lao People’s Democratic Republic - Poverty headcount ratio at $3.2 a day based on purchasing-power-parity

37.4 (%) in 2018

In 2018, poverty ratio at $3.2 a day for Lao People’s Democratic Republic was 37.4 %. Poverty ratio at $3.2 a day of Lao People’s Democratic Republic fell gradually from 82 % in 1997 to 37.4 % in 2018.

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What is poverty ratio at $3.2 a day?

Poverty headcount ratio at $3.20 a day is the percentage of the population living on less than $3.20 a day at 2011 international prices. 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 ratio at $3.2 a day?