Aug 8, 2018 · Laos, officially known as the Lao People’s Democratic, is the only landlocked country in Southeast Asia. Ranked as one of the most corrupt countries in the world by Transparency International, Laos also suffers from major poverty.

Poverty in Lao PDR has continued to fall. The poverty rate more than halved between 1993 and 2019, falling from 46 percent to 18 percent – mirroring rapid Gross Domestic Product (GDP) growth of an annual average rate of 7.3 percent during the same period. Rising farm incomes have driven poverty reduction.

In the Lao PDR, the proportion of employed population below $2.15 purchasing power parity a day in 2023 was 7.2%. For every 1,000 babies born in the Lao PDR in 2022, 40 died before their 5th birthday. The latest statistical data on poverty and …

reduction, identifying poor and vulnerable groups, and ultimately informing government policies for poverty eradication. This report is designed to provide a basic understanding of the poverty situation in Lao PDR. It was produced as a joint effort between the Lao Statistics Bureau and the World Bank – a collaboration motivated by the need to

The Lao Statistics Bureau (2020) published a poverty profile based on the Lao Expenditure and Consumption Survey conducted in 2018–2019. The report presented poverty estimates at the national, regional, and provincial levels.

Poverty in Lao PDR declined from 33.5% to 23.2% in the last decade lifting half a million people out of poverty. The country has met the Millennium Development Goals (MDGs) target of halving extreme poverty.

VIENTIANE, October 20, 2020 – Lao PDR has made remarkable progress in reducing poverty over the past 25 years, with the proportion of the population living in poverty falling by more than half, from 46 percent in 1993 to 18 percent in 2019. The finding comes from two reports just released by the Lao Statistics Bureau and the World Bank.

INUES TO FALL THANKS TO FARM INCOMES AND REMITTANCES, EVEN AS OFF-FARM JOBS BECOME SCA. e 1a). Lao PDR has made remarkable progress in reducing poverty over the past few decades. The poverty rate more than halved between 1993 and 2019, falling from 46 percent to 18 percent – .

poverty statistics in Lao People’s Democratic Republic (PDR), providing critical information for monitoring progress on poverty reduction, identifying poor and vulnerable groups, and ultimately informing government policies for poverty eradication.

Learn more about poverty, shared prosperity and inequality trends in Lao PDR using the Poverty and Equity Brief. Poverty and Equity Briefs are two-page country summaries that provide an overview of recent developments in poverty reduction, along with the latest data of key development indicators.