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Lao People’s Democratic Republic - Average consumer prices inflation rate

2.0 (%) in 2018

In 2018, inflation rate for Lao People’s Democratic Republic was 2 %. Though Lao People’s Democratic Republic inflation rate fluctuated substantially in recent years, it tended to decrease through 1999 - 2018 period ending at 2 % in 2018.

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What is inflation rate?

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. Data for inflation are averages for the year, not end-of-period data.

What is Lao People’s Democratic Republic inflation rate?

Date Value Change, %
2018 2.0 209.09 %
2017 0.7 -62.56 %
2016 1.8 37.95 %
2015 1.3 -69.05 %
2014 4.1 -35.19 %
2013 6.4 49.59 %
2012 4.3 -43.82 %
2011 7.6 26.69 %
2010 6.0 17,500.00 %
2009 0.0 -99.55 %
2008 7.6 60.29 %
2007 4.8