Laos vs Vietnam: PPP conversion factor, private consumption

Laos
5,595 LCU per international $
in 2024
Vietnam
7,161 LCU per international $
in 2024
Laos rank
5th
Vietnam rank
4th

PPP conversion factor, private consumption over time

  • Laos
  • Vietnam
02.0k4.0k6.0k8.0k199020072024

How they compare

Vietnam currently reports 7,161 LCU per international $ against 5,595 LCU per international $ in Laos, a difference of 1,566 LCU per international $.

That makes Vietnam's figure about 1.3 times Laos's.

Across all 30 years both countries report, Vietnam has been ahead every year.

Laos ranks 5th and Vietnam ranks 4th of 201 countries.

Vietnam has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Laos Vietnam Difference Ahead
1990s 623.34 LCU per international $ 3,964 LCU per international $ 3,341 LCU per international $ Vietnam
2000s 2,454 LCU per international $ 4,545 LCU per international $ 2,091 LCU per international $ Vietnam
2010s 3,166 LCU per international $ 7,494 LCU per international $ 4,328 LCU per international $ Vietnam
2020s 4,099 LCU per international $ 7,317 LCU per international $ 3,218 LCU per international $ Vietnam

Averages of every year both report within each decade.

Frequently asked questions

Which has higher ppp conversion factor, private consumption, Laos or Vietnam?
Vietnam, at 7,161 LCU per international $ against 5,595 LCU per international $ in Laos as of 2024.
What is the difference in ppp conversion factor, private consumption between Laos and Vietnam?
1,566 LCU per international $, with Vietnam ahead.
How many years of comparable data are there for Laos and Vietnam?
30 years are reported by both, from 1995 to 2024.
How do Laos and Vietnam rank globally for ppp conversion factor, private consumption?
Laos ranks 5th and Vietnam ranks 4th of 201 countries.
Where does this data come from?
UNESCO Institute for Statistics, published as PPP conversion factor, private consumption (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Laos vs Vietnam: PPP conversion factor, private consumption. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/compare/ppp-conversion-factor-private-consumption-lcu-per-international/lao-pdr/viet-nam/

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About this data

Indicator
PPP conversion factor, private consumption (LCU per international $)
Unit
LCU per international $
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
204 places, 6,148 data points, 1990–2024
Last refreshed

February 2026 Data Release