Laos LA: GNI: PPP

Laos LA: GNI: PPP data was reported at 45,625.253 Intl $ mn in 2017. This records an increase from the previous number of 42,361.979 Intl $ mn for 2016. Laos LA: GNI: PPP data is updated yearly, averaging 13,156.670 Intl $ mn from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 45,625.253 Intl $ mn in 2017 and a record low of 4,701.178 Intl $ mn in 1990. Laos LA: GNI: PPP 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. PPP GNI (formerly PPP GNP) is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. Gross national income is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars. 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.; Gap-filled total;

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