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The economy of Laos is a lower-middle income developing economy.Being a socialist state (along with China, Cuba, Vietnam, and North Korea), the Lao economic model resembles the Chinese socialist market and/or Vietnamese socialist-oriented market economies by combining high degrees of state ownership with openness to foreign direct investment and private ownership in a predominantly market ...
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in USDs and have not been adjusted for inflation.
A country's gross domestic product (GDP) at purchasing power parity (PPP) per capita is the PPP value of all final goods and services produced within an economy in a given year, divided by the average (or mid-year) population for the same year. This is similar to nominal GDP per capita but adjusted for the cost of living in each country.
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Values are given in International Dollars .
Laos: 7.788: 14,440: 1,854: 78,754: 10,112 List 2024. GDP and GDP per capita data end of 2024, according to IMF global macro models and analysts expectations for ...
On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [ 5 ] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [ 6 ] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades ...
This is a list of countries by real GDP per capita growth rate. These numbers take into account inflation and population growth rate but not purchasing power parity . [ 2 ] This list is not to be confused with gross national income per capita growth [ 3 ] or the real GDP growth .