Price level ratio of PPP conversion factor (GDP) to market exchange in Lao People's Democratic Republic
Lao People's Democratic Republic: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.217 in 2024. ▲ Rising
Price level ratio of PPP conversion factor (GDP) to market exchange in Lao People's Democratic Republic, 1990–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Lao People's Democratic Republic 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 Lao People's Democratic Republic peaked at 0.3485 in 2015 and was at its lowest, 0.1547, in 1998.
Lao People's Democratic Republic 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 Lao People's Democratic Republic, 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% |
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 Lao People's Democratic Republic
More population data for Lao People's Democratic Republic
- Un population 2024 vs 2022, annual growth rate -0.3849 % change on previous year (2100)
- Population long run 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 regions with projections, annual growth rate -0.5042 % change on previous year (2100)
- Population growth rate, by level of development -0.5% (2100)
- Number of children under 5, by world region 438,726 people (2100)
- Population density 40.11 people per km² (2100)
- World population growth -0.5% (2100)
- Projected population under age 5, annual growth rate -0.9341 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 1.13 Percent per annum (2030)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Lao People's Democratic Republic?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- 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 Lao People's Democratic Republic?
- The lowest recorded value was 0.1547 in 1998.
- How does Lao People's Democratic Republic rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Lao People's Democratic Republic 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 Lao People's Democratic Republic?
- Over the last ten years it is down 36.5%. The long-run trend across the full record is rising.
- Where does this Lao People's Democratic Republic 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