Price level ratio of PPP conversion factor (GDP) to market exchange in Laos
Laos: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.217 in 2024. ▲ Rising
Latest (2024)
0.217
Change on year
down 2.4%
World rank
197th
of 202 countries
All-time high
0.3485
in 2015
All-time low
0.1547
in 1998
Years of data
35
1990–2024
Price level ratio of PPP conversion factor (GDP) to market exchange in Laos, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Laos stood at 0.217.
The figure is down 2.4% on the previous year and down 36.5% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Laos peaked at 0.3485 in 2015 and was at its lowest, 0.1547, in 1998.
Laos ranks 197th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Laos, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 0.1983 | — |
| 1991 | 0.2185 | +10.2% |
| 1992 | 0.222 | +1.6% |
| 1993 | 0.2411 | +8.6% |
| 1994 | 0.2537 | +5.2% |
| 1995 | 0.2652 | +4.5% |
| 1996 | 0.2588 | -2.4% |
| 1997 | 0.222 | -14.2% |
| 1998 | 0.1547 | -30.3% |
| 1999 | 0.1615 | +4.4% |
| 2000 | 0.1777 | +10.0% |
| 2001 | 0.1679 | -5.5% |
| 2002 | 0.1552 | -7.6% |
| 2003 | 0.1651 | +6.4% |
| 2004 | 0.1768 | +7.1% |
| 2005 | 0.185 | +4.6% |
| 2006 | 0.2087 | +12.8% |
| 2007 | 0.2308 | +10.6% |
| 2008 | 0.2708 | +17.3% |
| 2009 | 0.2683 | -0.9% |
| 2010 | 0.2985 | +11.2% |
| 2011 | 0.3321 | +11.3% |
| 2012 | 0.327 | -1.5% |
| 2013 | 0.3471 | +6.1% |
| 2014 | 0.3417 | -1.6% |
| 2015 | 0.3485 | +2.0% |
| 2016 | 0.3416 | -2.0% |
| 2017 | 0.3406 | -0.3% |
| 2018 | 0.3399 | -0.2% |
| 2019 | 0.3344 | -1.6% |
| 2020 | 0.3265 | -2.4% |
| 2021 | 0.3126 | -4.3% |
| 2022 | 0.2334 | -25.3% |
| 2023 | 0.2225 | -4.7% |
| 2024 | 0.217 | -2.4% |
Laos compared with similar countries
- Laos's 0.217 is below the median for lower middle income countries, which is 0.327, 66% of the median. (47 countries reporting)
- Laos's 0.217 is below the median for East Asia & Pacific, which is 0.6017, 36% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2196 | 0.1547 | 0.2652 | 10 |
| 2000s | 0.2006 | 0.1552 | 0.2708 | 10 |
| 2010s | 0.3351 | 0.2985 | 0.3485 | 10 |
| 2020s | 0.2624 | 0.217 | 0.3265 | 5 |
Countries ranked near Laos
More population data for Laos
- Population regions with projections, annual growth rate -0.5042 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -2.23 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5042 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.3849 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 9,776 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.13 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.9341 % change on previous year (2100)
- Population growth rate -0.511 (2100)
- Population density 40.11 (2100)
- Projected population under age 5 438,726 (2100)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Laos?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Laos was 0.217 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Laos?
- The highest recorded value was 0.3485 in 2015.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Laos?
- The lowest recorded value was 0.1547 in 1998.
- How does Laos rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Laos ranks 197th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Laos?
- Over the last ten years it is down 36.5%. The long-run trend across the full record is rising.
- Where does this Laos data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release