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Lao People’s Democratic Republic - Gross domestic product deflator inflation

1.9 (%) in 2017

In 2017, inflation rate (GDP deflator) for Lao People’s Democratic Republic was 1.9 %. Though Lao People’s Democratic Republic inflation rate (GDP deflator) fluctuated substantially in recent years, it tended to decrease through 1998 - 2017 period ending at 1.9 % in 2017.

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What is inflation rate (GDP deflator)?

Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

What is Lao People’s Democratic Republic inflation rate (GDP deflator)?

Date Value Change, %
2017 1.9 -38.73 %
2016 3.0 28.70 %
2015 2.3 -58.99 %
2014 5.7 -11.54 %
2013 6.5 -14.01 %
2012 7.5 -28.08 %
2011 10.5 13.83 %
2010 9.2 -413.65 %
2009 -2.9 -133.08 %
2008 8.9 19.16 %
2007 7.4 -31.16 %
2006 10.8