Laos LA: PPP Conversion Factor: GDP

Laos LA: PPP Conversion Factor: GDP data was reported at 2,922.080 LAK/Intl $ in 2017. This records an increase from the previous number of 2,920.574 LAK/Intl $ for 2016. Laos LA: PPP Conversion Factor: GDP data is updated yearly, averaging 1,672.993 LAK/Intl $ from Dec 1990 to 2017, with 28 observations. The data reached an all-time high of 2,922.080 LAK/Intl $ in 2017 and a record low of 130.308 LAK/Intl $ in 1990. Laos LA: PPP Conversion Factor: GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Laos – Table LA.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. Purchasing power parity conversion factor is the number of units of a country's currency required to buy the same amounts of goods and services in the domestic market as U.S. dollar would buy in the United States. This conversion factor is for GDP. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).; ; World Bank, International Comparison Program database.; ;

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