GDP per Capita: Lao P.D.R.

Analysis# Lao P.D.R. GDP per Capita Lao P.D.R.'s GDP per capita stands at $2,253.93 USD in 2026, representing substantial long-term growth of 285.6% since 1980 when it was just $254.24. The nation reached its all-time peak of $2,602.62 in 2019, before a sharp contraction began in 2022. The current figure sits 13.4% below that peak, reflecting recent economic headwinds that reversed years of steady expansion. The period from 2017 to 2019 marked the country's strongest performance, with GDP per capita climbing from $2,437 to $2,602. A dramatic decline followed, plummeting to $1,979.79 by 2023—the lowest point in two decades. Recent recovery signals modest stabilization, with projections suggesting continued modest growth through 2026. Whether this rebound sustains depends on broader regional economic conditions and Lao P.D.R.'s ability to address underlying structural challenges that triggered the 2022 downturn.