Laos vs Somalia: Wealth share of the richest 1%
Laos
26.4%
in 2024
Somalia
26.5%
in 2024
Laos rank
122nd
Somalia rank
121st
Wealth share of the richest 1% over time
- Laos
- Somalia
How they compare
Somalia currently reports 26.5% against 26.4% in Laos, a difference of 0.1%.
Across all 45 years both countries report, Somalia has been ahead every year.
Laos ranks 122nd and Somalia ranks 121st of 215 countries.
Somalia has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Laos | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 25.1% | 37.4% | 12.4% | Somalia |
| 1990s | 25.5% | 33.4% | 8.0% | Somalia |
| 2000s | 25.4% | 28.7% | 3.2% | Somalia |
| 2010s | 25.8% | 28.5% | 2.7% | Somalia |
| 2020s | 26.4% | 26.6% | 0.2% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher wealth share of the richest 1%, Laos or Somalia?
- Somalia, at 26.5% against 26.4% in Laos as of 2024.
- What is the difference in wealth share of the richest 1% between Laos and Somalia?
- 0.1%, with Somalia ahead.
- How many years of comparable data are there for Laos and Somalia?
- 45 years are reported by both, from 1980 to 2024.
- How do Laos and Somalia rank globally for wealth share of the richest 1%?
- Laos ranks 122nd and Somalia ranks 121st of 215 countries.
- Where does this data come from?
- World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as Wealth share of the richest 1%. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.