Lao PDR: PPP conversion factor, GDP (LCU per international $)

Key figures

What the numbers say

In 2025, Lao PDR's PPP conversion factor, GDP (LCU per international $) rose 202.09 on 2024 (from 4,375 to 4,577).

Across the 30 yearly changes before that (1995 to 2024), the average change was +139.78 and a typical year strayed about 173.24 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 654.78 in 2023 and the biggest yearly fall was 83.49 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 204.68 a year. A straight line explains 82% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Lao PDR had the 5th highest value of the 185 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Lao PDR in the 2025 ranking

• Somalia, Fed. Rep. — 2nd of 185: 12,116
• Viet Nam — 3rd of 185: 6,991
• Indonesia — 4th of 185: 4,721
• Uzbekistan — 6th of 185: 3,670
• Guinea — 7th of 185: 3,286
• Paraguay — 8th of 185: 2,627

What this measures

The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.

Limitations: Global PPP estimates provided by ICP are produced by the ICP Global Office and regional implementing agencies, based on data supplied by the national implementing agencies in the participating economies, and in accordance with the methodology recommended by the ICP Technical Advisory Group and approved by the ICP Governing Board. As such, these results are not produced by participating economies as part of their national official statistics.

Regional and income-group figures are computed by the World Bank as a no aggregation provided for this indicator..

All 36 values

PPP conversion factor, GDP (LCU per international $) in nearby economies

• Australia — 1.4 (2025)
• Brunei Darussalam — 0.46 (2025)
• Cambodia — 1,349 (2025)
• China — 3.4 (2025)
• Fiji — 0.93 (2025)
• Hong Kong SAR, China — 5.52 (2025)
• Indonesia — 4,721 (2025)
• Japan — 97.08 (2025)
• Kiribati — 1.01 (2025)
• Korea, Rep.

More economic policy & debt data for Lao PDR

• Grants, excluding technical cooperation (BoP, current US$) — US$347.91 million (2023)
• Technical cooperation grants (BoP, current US$) — US$90.18 million (2023)
• Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.74 million (2023)
• Net bilateral aid flows from DAC donors, Total (current US$) — US$435.39 million (2023)
• Net official development assistance and official aid received (current US$) — US$514.84 million (2023)
• Net official development assistance and official aid received (constant 2023 US$) — US$514.84 million (2023)
• Net official development assistance received (current US$) — US$514.84 million (2023)
• Net official development assistance received (constant 2023 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Lao PDR's PPP conversion factor, GDP (LCU per international $)?

4,577 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 3,161% from 140.38 in 1990 (10.47% a year on average, compounded). The highest value was 4,577 in 2025 and the lowest 140.38 in 1990.

How does Lao PDR rank?

5th highest of 185 economies with data for 2025.

Is the latest change in PPP conversion factor, GDP (LCU per international $) unusual for Lao PDR?

In 2025, Lao PDR's PPP conversion factor, GDP (LCU per international $) rose 202.09 on 2024 (from 4,375 to 4,577). Across the 30 yearly changes before that (1995 to 2024), the average change was +139.78 and a typical year strayed about 173.24 from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator PA.NUS.PPP, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, publisher: International Comparison Program, type: International statistical program, date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Programme, Eurostat (ESTAT),… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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