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Lao PDR Inflation Rate 1960-2024

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 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 for 2019 was 3.32%, a 1.28% increase from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Cabo Verde 7.93%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
Vanuatu 7.10%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Papua New Guinea 5.25%
Djibouti 5.18%
Indonesia 4.21%
West Bank and Gaza 3.74%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Myanmar 0.00%
Angola 0.00%
Timor-Leste 0.00%
Eswatini 0.00%
Kiribati 0.00%
Lao PDR Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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% 61.33%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%