This table provides metadata for the actual indicator available from Lao PDR statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from Lao statistics, this table should be consulted for information on national methodology and other Lao-specific metadata information.
Goal |
Goal 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all |
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Target |
Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 per cent gross domestic product growth per annum in the least developed countries |
Indicator |
Indicator 8.1.1: Annual growth rate of real GDP per capita |
Series |
Annual growth rate of real GDP per capita |
Metadata update |
23 June 2021 |
Related indicators |
Any economic statistics that is used for other SDG indicator |
Organisation |
Lao Statistics Bureau |
Contact person(s) |
Ms.Salika CHANHTHALAVONG |
Contact organisation unit |
Department of Economic Statistics |
Contact person function |
Deputy Director General |
Contact phone |
+856 20 55042665 |
Contact mail |
Ministry of Planning and Investment Lao Statistics Bureau, Dongnachokphuea Village, Sikhottabong District, Vientiane Capital Province. Tel: (+856 21) 214740, Fax: (+856 21) 242022. |
Contact email |
Salikanaja@yahoo.com |
Definition and concepts |
Annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as the percentage change in the real GDP per capita between two consecutive years. Real GDP per capita is calculated by dividing GDP at constant prices by the population of a country or area. |
Unit of measure |
percent (%) |
Data sources |
Lao Statistic Bureau, Department of Economic Statistics, National Account Division |
Data collection method |
Each year, the Lao Sstatistics Bureau collects the latest data and estimates GDP based on data collected either from surveys (i.e. Lao Expenditure and Consumption Survey; and Annual Establishment Survey) and administrative data. Population figures are projections based on the 2015 Census of Population and Housing in Lao PDR. |
Data collection calendar |
Quarterly, semestral, and annual |
Data release calendar |
Annually, December June 2021 |
Data providers |
Lao Statistics Bureau |
Data compilers |
Lao Statistics Bureau |
Institutional mandate |
Data collection, processing, dissemination and use of statistics for this indicator is in accordance with the Statistics Law 2017; the National Strategy for Sustainable Development of Statistical System (NSSDSS) 2016-2020; and the Vision for 2030. |
Rationale |
Real Gross Domestic Product (GDP) per capita is a proxy for the average standard of living of residents in a country or area. A positive percentage change in annual real GDP per capita can be interpreted as an increase in the average standard of living of the residents in a country or area |
Comment and limitations |
Although countries or areas calculate GDP using the common principles and recommendations in the United Nations System of National Accounts (SNA), there are still problems in international comparability of GDP estimates. These include:
Further, as a necessary condition to being a key economic performance indicator of sustainable development, one of the often-cited limitations of GDP is that it does not account for the social and environmental costs of production. It is designed as a measure of the level of overall well-being. For example, growth in real GDP per capita reveals nothing concerning energy and material interactions with the environment. |
Method of computation |
The annual growth rate of real Gross Domestic Product (GDP) per capita is calculated as follows:
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Validation |
Standard data review and validation protocols were implemented from data collection, processing, calculation to finalization and publication of the results. |
Quality management |
Managing the quality of the indicator is guided by the Lao PDR Statistics Law of 2017 and in accordance with the recommendations of the UN Fundamental Principles of Official Statistics. |
Quality assurance |
Data are validated in accordance with the international statistical standards |
Quality assessment |
The estimates derived for each year are compared to previous years to ensure that estimates are prepared consistently from year to year. In general, the quality of the results is considered good given the quality management and standards implemented in the basic data source used for obtaining the value for this SDG indicator. |
Data availability and disaggregation |
Annual: 2015 to 2018 Breakdown/disaggregation: no breakdown. |
References and Documentation |
The System of National Accounts (SNA) website The UNSD SDG Indicators, Metadata repository https://unstats.un.org/sdgs/metadata/ Lao Statistical Information Service for GDP https://laosis.lsb.gov.la/tblInfo/TblInfoList.do Lao PDR Statistics Law, 2017
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