Annual inflation, consumer prices in Lao People's Democratic Republic
Lao People's Democratic Republic: Annual inflation, consumer prices was 23.1% in 2024. ◆ Volatile
Annual inflation, consumer prices in Lao People's Democratic Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual inflation, consumer prices in Lao People's Democratic Republic stood at 23.1%.
Compared with earlier readings it is down 25.9% on the previous year and up 460.2% over ten years.
Over the whole period, annual inflation, consumer prices in Lao People's Democratic Republic peaked at 31.2% in 2023 and was at its lowest, 0.1%, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Annual inflation, consumer prices in Lao People's Democratic Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 25.1% | — |
| 2001 | 7.8% | -68.9% |
| 2002 | 10.6% | +36.1% |
| 2003 | 15.5% | +45.7% |
| 2004 | 10.5% | -32.5% |
| 2005 | 7.2% | -31.5% |
| 2006 | 6.5% | -8.7% |
| 2007 | 4.7% | -28.8% |
| 2008 | 7.6% | +63.6% |
| 2009 | 0.1% | -98.1% |
| 2010 | 6.0% | +4137.3% |
| 2011 | 7.6% | +26.5% |
| 2012 | 4.3% | -43.8% |
| 2013 | 6.4% | +49.7% |
| 2014 | 4.1% | -35.2% |
| 2015 | 1.3% | -69.1% |
| 2016 | 1.6% | +25.0% |
| 2017 | 0.8% | -48.3% |
| 2018 | 2.0% | +147.2% |
| 2019 | 3.3% | +62.8% |
| 2020 | 5.1% | +53.6% |
| 2021 | 3.8% | -26.4% |
| 2022 | 23.0% | +511.2% |
| 2023 | 31.2% | +36.0% |
| 2024 | 23.1% | -25.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.6% | 0.1% | 25.1% | 10 |
| 2010s | 3.7% | 0.8% | 7.6% | 10 |
| 2020s | 17.2% | 3.8% | 31.2% | 5 |
Countries ranked near Lao People's Democratic Republic
More development goals data for Lao People's Democratic Republic
- Red List Index 0.8764 (2025)
- Number of refugees per 100,000 population, by country of origin 82.71 (2025)
- Manufacturing value added per capita 252.05 (2025)
- Number of transboundary breeds 9 (2025)
- Number of transboundary breeds (not extinct) 9 (2025)
- Number of transboundary breeds with unknown risk status 9 (2025)
- Number of local breeds with unknown risk status 16 (2025)
- Number of local breeds (not extinct) 16 (2025)
- Number of local breeds kept in the country 16 (2025)
- Infant deaths 4,402 (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Lao People's Democratic Republic?
- Annual inflation, consumer prices in Lao People's Democratic Republic was 23.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 31.2% in 2023.
- What is the lowest annual inflation, consumer prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.1% in 2009.
- How does Lao People's Democratic Republic rank for annual inflation, consumer prices?
- Lao People's Democratic Republic ranks 5th out of 19 regions with data for 2024.
- Is annual inflation, consumer prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 460.2%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
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