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Lao People’s Democratic Republic - Gross domestic product deflator

1.9 (%) in 2017

In 2017, GDP deflator for Lao People’s Democratic Republic was 1.9 %. Though Lao People’s Democratic Republic 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 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 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