# Lao PDR - Inflation

## Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Lao PDR was 1.51 as of 2016. As the graph below shows, over the past 27 years this indicator reached a maximum value of 125.27 in 1999 and a minimum value of 0.04 in 2009.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1989 61.33
1990 35.64
1991 13.44
1992 9.86
1993 6.27
1994 6.78
1995 19.59
1996 13.02
1997 27.51
1998 90.98
1999 125.27
2000 25.08
2001 7.81
2002 10.63
2003 15.49
2004 10.46
2005 7.17
2006 6.80
2007 4.52
2008 7.63
2009 0.04
2010 5.98
2011 7.58
2012 4.26
2013 6.36
2014 4.14
2015 1.28
2016 1.51

## Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Lao PDR was 3.02 as of 2016. As the graph below shows, over the past 31 years this indicator reached a maximum value of 127.97 in 1999 and a minimum value of -2.93 in 2009.

Definition: 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1985 64.81
1986 51.12
1987 14.43
1988 25.85
1989 55.27
1990 37.91
1991 12.97
1992 5.99
1993 11.18
1994 7.70
1995 19.69
1996 13.73
1997 19.35
1998 84.50
1999 127.97
2000 24.80
2001 8.87
2002 6.32
2003 13.45
2004 10.69
2005 8.64
2006 10.81
2007 7.44
2008 8.86
2009 -2.93
2010 9.20
2011 4.31
2012 13.88
2013 6.47
2014 5.73
2015 2.35
2016 3.02

## Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Lao PDR was 3.02 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 127.97 in 1999 and -2.93 in 2009.

Definition: 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 37.91
1991 12.97
1992 5.99
1993 11.18
1994 7.70
1995 19.69
1996 13.73
1997 19.35
1998 84.50
1999 127.97
2000 24.80
2001 8.87
2002 6.32
2003 13.45
2004 10.69
2005 8.64
2006 10.81
2007 7.44
2008 8.86
2009 -2.93
2010 9.20
2011 4.31
2012 13.88
2013 6.47
2014 5.73
2015 2.35
2016 3.02

## Classification

Sub-Topic: Exchange rates & prices