National Debt: 38% Gross Domestic Product: 48.7 Billion Country Top Trade Partner: Export - Thailand Import - Thailand On a scale of 0-1, Laos's commitment score is 0.407885 and capacity score is 0.423829. Millions can be classified as out of poverty if they earn $0.01 more than the metric that defines it. The total fertility rate (TFR) has . PDF GDP, current US$ billion 1 8.1 National Official Poverty ... In 2020, Laos' real gross domestic product fell by . "are expected to increase between 65% and 68% of GDP in 2020, from 59% of GDP in 2019." . poverty rate over the last two decades, poverty reduction and consumption growth have lagged The Basic Statistics brochure presents data on selected social, economic, and SDG indicators such as population, poverty, annual growth rate of gross domestic product, inflation, and government finance for economies in Asia and the Pacific. November 16, 2021. Laos Economic Outlook. The electrification rate in the Lao PDR was 93.79% in 2018,3 and the government is striving to raise this to 98.00% by 2025. 2020 Statistical Report on Tourism in Laos Source of data: Ministry of Information, Culture and Tourism, Tourism Development Department. PDF 2020 Statistical Report on Tourism in Laos Poverty rates among early educators are seven to fourteen times higher than among public school teachers, depending on the state. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. The Lao PDR COVID-19 Response Project, approved in April 2020 and expanded in mid-2021, now has a total project value of $33 million and is backing up Lao PDR's plan to vaccinate 50% of its population by the end of the year. Nutrition | UNICEF Lao People's Democratic Republic Generally, Lao PDR experienced a slower poverty reduction from its economic growth than its neighbors. Lao PDR | Data Annex 3: Main Targets Main Targets Of The 8Th NSEDP (2016-2020) Annex 4: Poverty Rate, Poverty Gap And Severity Index, Gini Coefficient Annex 5: Glossary Of Terms 189 LIST OF TABLES Table 1:Comparison between GDP Growth Rate of each Fiscal Year with the 7th NSEDP Targets (2011-2015) 4 Table 2: Gross Domestic Product (GDP) per Capita 5 The Plan is regarded as a measure for achieving socio-economic development, industrialization and modernization towards the year 2020. World Food Day 2020 & FAO75: UN says food and nutrition ... The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. Poverty Reduction | UNDP in Lao PDR 513 120 km². Lao People's Democratic Republic's HDI value for 2019 is 0.613— which put the country in the medium human development category—positioning it at 137 out of 189 countries and territories. DATA: Sources NA: Data Not Available OD: Data 5 Years Old or More Not Reliable 2030 Goal: Projections based on Economics, Social Science, and Youth Population . Laos Corruption Rank 2021 Data | 2022 Forecast | 2005-2020 ... By John Pennington. Corruption Rank in Laos averaged 138.38 from 2005 until 2020, reaching an all time high of 168 in 2007 and a record low of 77 in 2005. By the end of September, 28% of the total population was fully vaccinated. Vietnam Poverty Rate 1992-2021. Page last updated on January 27, 2020. Put together, these facts mean that the poor of Laos have become better off in real terms, but that the rich have benefited more, in both relative and absolute terms. 4-5). The population of Laos is currently growing at a rate of 2% per year. Get in touch with us now. Laos' quinquennial National Party . Stunting is the silent scourge of many children throughout Lao PDR, affecting around 33% of children under five years of age, as per LSIS II data. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions. Laos Population 2021 (Live) 7,416,169. However, growth is expected to rebound to 4.5% in 2021, suggesting a slow recovery . The pov-erty rate (measured as $3.2 a day, 2011 PPP) is expected to increase by at least 1.7 percentage points in 2020, as compared with a non-COVID-19 scenario. It assess-es the current levels of poverty, changes over the five year period between 2007/8 and 20012/13, as well as . Between 1990 and 2019, Lao People's Democratic Republic's HDI value increased from 0.405 to The Lao People's Democratic Republic is ruled by its only constitutionally authorized party, the Lao People's Revolutionary Party. Laos Open SDG Data Platform : The third National Economic Census 2020: National Summary Data Page: LaoInfo: Lao Decide Info: Gross Domestic Product GDP 2020. Children show higher rates of multidimensional poverty: half of multidimensionally poor people (644 million) are children under age 18. It monitors progress against Ending Extreme Poverty Agricultural: 16.51 %: Industry: 33.26 %: Services: 39.56 %: Taxes on Products and Published by the Lao Statistics Bureau and the World Bank in both Lao and English, the . The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor . This will squeeze . a UN special rapporteur on human rights and extreme poverty, . (2020). 6 000 km². Poverty: Lao PDR; Poverty Data: Lao PDR . 2 Based on Draft Mid-term reviews of 7th NSEDP. although poverty and an underdeveloped health care system impeded such access for some women. 2020, when Lao PDR had . 6. total surface. The ASEAN Statistical Yearbook 2020 covers data for the period of 2010-2019 comprising of sections on ASEAN population, education, health, Between 1990 and 2019, Lao People's Democratic Republic's HDI value increased from 0.405 to ASEAN Key Figures 2020 iii FOREWORD Following on the success of two previous editions, I am delighted to present the third edition of the ASEAN Key Figures.It provides a selection of key Life expectancy has grown from 54 in 2007 to 60 for men and 65 for women in 2012 as more people gain access to clean water and health care. Laos' capital Vientiane has been experiencing an age of prosperity. . Lao PDR Economic Monitor (June 2020)7 » Migrants and those involved in the tourism sector who are also informal sector workers, This page provides the latest reported value for - Laos Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey . affected livelihoods and poses a serious risk to Lao PDR's progress on poverty reduction. 2 Since 1995, data on international tourists have been collected only from embarkation / disembarkation cards of the immigration department. • Deals in poorer areas have stronger association with poverty reduction, but most deals targeted less poor areas Lao Statistics Bureau (LSB) under the Ministry of Planning and Investment organised a meeting on Tuesday to announce the . Poverty most affects populations in rural and highland areas, particularly ethnic minority groups. poverty in Lao PDR over the past decade. The poverty rate in the United States varies depending upon the method of measurement. This data is based on population and housing census 2015. ECONOMIC DATA. It's been 45 years since thousands of Southeast Asian refugees settled in the United States, yet, as a group, they continue to face major . 2016-2020. March 4, 2020, 4:27 PM PST. Los ingresos, pobreza y seguro de salud de 2020. This has, in part, been driven by strong economic growth, . Across 107 developing countries, 1.3 billion people—22 percent—live in multidimensional poverty. In 2020, the unemployment rate in Vietnam was 2.27 percent. Although agriculture has been gradually declining in terms of its contribution to GDP over recent years, it still continues to play a major role in Lao PDR. Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. Geo coverage is over 150 countries. Over the past 20 years, Laos has significantly reduced poverty and hunger, and improved education and health outcomes. For more context please contact pplanalytics@usaid.gov. However, other sources placed it as high as 17.8%. Lao People's Democratic Republic's HDI value for 2019 is 0.613— which put the country in the medium human development category—positioning it at 137 out of 189 countries and territories. Yet a World Bank report warned that a loss of just $0.30 per day could cause poverty rates to double. • However, in villages that lost more land in these deals, the poverty rate increased between 2005 and 2015. Despite being the largest economy in the world, the U.S. also has a significant wealth inequality gap. Some will feel worse consequences than others, depending on their age, social status and location. Nevertheless, the provinces Quoting the recent Poverty Profile of the Lao Statistics Bureau together with the World Bank, Ms. Sekkenes said Lao PDR had made remarkable progress in reducing poverty over the past few decades, halving the poverty rate from over 40% in 1993 to 18.3% in 2019. Poverty rates in affected villages decreased between 2005 and 2015, consistent with Laos' national decrease in poverty. However, poverty reduction and consumption growth lag behind the country's GDP growth. By 2015, Lao PDR' poverty rate was reduced to 19.7%, its human development index increased, and its labor structure improved with increased percentage of labor employed . - Maggie Sun Photo: Flickr Laos is pursuing its drive to reduce the poverty rate below 10 percent by 2020, while also attempting to meet outstanding Millennium Development Goals (MDGs). Population below $1.9 a day is the percentage of the population living on less than $1.9 a day at 2005 international prices. Poverty is estimated to increase by 1.4 to 3.1 percentage points in 2020 and is expected to persist in the medium term, per World Bank estimates.6 FIGURE 1: IMPACT OF COVID-19 ON POVERTY Source: World Bank. Nevertheless, pronounced rural-urban disparities persist, and income inequality is rising. The poverty rate and incidence in Cambodia and Laos remain relatively high. In 2021, it is expected to make a brisk recovery, approaching pre-crisis levels. Median household income in 2020 decreased 2.9% between 2019 and 2020, and the official poverty rate increased 1.0 percentage point. By Agnes Constante. PDR . Wednesday, 29 Jul 2020. Lao PDR in 2020 145 Somewhat surprisingly, given the closure of international borders, another disturbing challenge for the party state in 2020 has been increasing rates of drug trafficking. In 2020, prior to the HKSAR government's policy intervention, the poor population and the poverty rate stood at 1,652,500 persons and 23.6 percent, respectively. Laos Economic Outlook. The country's total water area, summing up all inland waters: lakes, rivers, reservoirs, wetlands, etc. Laos This is a scatterplot for Laos. Press Release | September 01, 2021. 5. total water area. Lao PDR. The report was launched along with Poverty Assessment 2020: Catching Up and Falling Behind , which analyses the survey data in more depth and explores the factors behind emerging trends. rate of poverty reduction, that even when households move out of poverty, they need to be protected from Income, Poverty and Health Insurance Coverage in the U.S.: 2020. With continued work, the poverty rate in Laos should continue to go down. Lao PDR has achieved the poverty-related Millennium Development Goal (MDG) by halving its national poverty rate over the past decade. Lao PDR has halved its national poverty rate over the past decade, from 46% in 1992 to 23% in 2015. Head of the Central Committee on Rural Development and Poverty Eradication, Mr. Thongvanh Vilayheuang, highlighted various aspects of the government's five-year development plan at a lecture yesterday at the Party […] The Laotian national poverty rate was 46% in 1992 and fell to 23% in 2015. According to reporting by Reuters, methamphetamine production in the Asia-Pacific reached "record highs" during the pandemic as trading has 10:58 AM MYT. Globally, the poverty rate for women was expected to decrease by 2.7 per cent between 2019 and 2021, but projections now point to an increase of 9.1 per cent due to the pandemic and its fallout. Laos's economic growth cooled significantly in 2020, slowing to almost zero. This plan is part of the government's strategy to eradicate poverty in the country. Poverty falling, but could have fallen further. Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. Nobody will escape the impact of the COVID-19 pandemic. Figure 5, shows the inflation rate of Lao PDR and growth rate from 2008 to 2012. The Lao Statistics Bureau (LSB) has conducted the LECS at five-year intervals since 1992-1993.The LECS survey is the primary source of official poverty statistics in Lao PDR, providing critical information for monitoring progress on poverty reduction, identifying poor and vulnerable groups, and ultimately informing government policies aimed at . According to the World Bank's poverty rate database, in 2008 the poverty headcount ratio at natural poverty line (less than US$ 1.25 per day) as a percentage of total population are 22.8%, 27.8%, and 16.8% in Cambodia, Laos and Vietnam respectively. GDP per Capita US$ 2,642 : Growth Rate of GDP: 3.28 %: Share of GDP by Sectors 2020.
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