Lao People’s Democratic Republic

Data citation: Data retrieved from the Area Database of the Global Data Lab, https://globaldatalab.org/areadata/, version v4.2.Smits, J. GDL Area Database. Sub-national development indicators for research and policy making. GDL Working Paper 16-101 (2016).

Data cited at: The World Bank https://datacatalog.worldbank.org/ Topic:Wealth Accounting Publication: https://datacatalog.worldbank.org/dataset/wealth-accounting License: http://creativecommons.org/licenses/by/4.0/   The wealth accounting approach provides two related sets of information: comprehensive wealth accounts (a stock measure in total and per capita values), and adjusted net saving (a flow measure). The wealth accounts were updated in 2018, using a new methodology described in The Changing Wealth of Nations 2018.

  For the following indicators, Knoema modified the original reported values by multiplying by 100 to display in percent value in accordance with the WID unit labels: Capital share of national incomeIncome reduction as a result of income taxLabor share of national incomeNet Corporate Wealth to Net National Income RatioNet national wealth to Net National Income RatioNet Non-Profit Wealth to Net National Income RatioNet Personal Wealth to Net National Income RatioNet Private Wealth to Net National Income RatioNet Public Wealth to Net National Income Ratio