Lao People’s Democratic Republic - Poverty headcount ratio at $1.9 a day based on purchasing-power-parity in constant prices of 2011

7.10 (%) in 2018

In 2018, poverty rate at $1.9 a day for Lao People’s Democratic Republic was 7.1 %. Between 1997 and 2018, poverty rate at $1.9 a day of Lao People’s Democratic Republic was declining at a moderating rate to shrink from 43.2 % in 1997 to 7.1 % in 2018.

The description is composed by our digital data assistant.
What is poverty rate at $1.9 a day?

Population below $1.9 a day is the percentage of the population living on less than $1.9 a day at 2005 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 rate at $1.9 a day?