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

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 Lao People's Democratic Republic, 1990–2024

00.10.20.31990200720241990: 0.1981991: 0.2181992: 0.2221993: 0.2411994: 0.2541995: 0.2651996: 0.2591997: 0.2221998: 0.1551999: 0.1622000: 0.1782001: 0.1682002: 0.1552003: 0.1652004: 0.1772005: 0.1852006: 0.2092007: 0.2312008: 0.2712009: 0.2682010: 0.2982011: 0.3322012: 0.3272013: 0.3472014: 0.3422015: 0.3482016: 0.3422017: 0.3412018: 0.342019: 0.3342020: 0.3272021: 0.3132022: 0.2332023: 0.2222024: 0.217

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

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Lao People's Democratic Republic, 1990 to 2024.
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

DecadeAverage LowestHighest 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

  1. 194 Bhutan 0.2362 compare
  2. 195 Pakistan 0.2362 compare
  3. 196 Myanmar 0.2266 compare
  4. 198 Afghanistan 0.1879 compare
  5. 199 Syrian Arab Republic 0.1822 compare
  6. 200 Egypt 0.1748 compare

See the full ranking of 202 places →

More population data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

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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Price level ratio of PPP conversion factor (GDP) to market exchange in Lao People's Democratic Republic. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 03 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/lao-pdr/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release