Lao PDR Inflation Rate 1989-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Lao PDR inflation rate for 2023 was 31.23%, a 8.27% increase from 2022.
- Lao PDR inflation rate for 2022 was 22.96%, a 19.2% increase from 2021.
- Lao PDR inflation rate for 2021 was 3.76%, a 1.35% decline from 2020.
- Lao PDR inflation rate for 2020 was 5.10%, a 1.78% increase from 2019.
| Lao PDR Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
31.23% |
8.27% |
| 2022 |
22.96% |
19.20% |
| 2021 |
3.76% |
-1.35% |
| 2020 |
5.10% |
1.78% |
| 2019 |
3.32% |
1.28% |
| 2018 |
2.04% |
1.21% |
| 2017 |
0.83% |
-0.77% |
| 2016 |
1.60% |
0.32% |
| 2015 |
1.28% |
-2.85% |
| 2014 |
4.13% |
-2.24% |
| 2013 |
6.37% |
2.12% |
| 2012 |
4.26% |
-3.31% |
| 2011 |
7.57% |
1.59% |
| 2010 |
5.98% |
5.84% |
| 2009 |
0.14% |
-7.49% |
| 2008 |
7.63% |
2.97% |
| 2007 |
4.66% |
-1.88% |
| 2006 |
6.55% |
-0.62% |
| 2005 |
7.17% |
-3.30% |
| 2004 |
10.46% |
-5.03% |
| 2003 |
15.49% |
4.86% |
| 2002 |
10.63% |
2.82% |
| 2001 |
7.81% |
-17.27% |
| 2000 |
25.08% |
-100.19% |
| 1999 |
125.27% |
34.29% |
| 1998 |
90.98% |
63.47% |
| 1997 |
27.51% |
14.48% |
| 1996 |
13.02% |
-6.57% |
| 1995 |
19.59% |
12.81% |
| 1994 |
6.78% |
0.52% |
| 1993 |
6.27% |
-3.60% |
| 1992 |
9.86% |
-3.58% |
| 1991 |
13.44% |
-22.20% |
| 1990 |
35.64% |
-25.69% |
| 1989 |
61.33% |
-25.69% |
