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Laos Annual Inflation Rate

Laos' annual inflation rate fell to 23.13% in 2024, down from 31.23% in 2023, according to World Bank. This represents a decrease of 8.1% from the previous year. Laos has the 14th highest annual inflation rate. Within Asia, it ranks 4th out of 44 countries.

Yearly Historical Data (1989-2024)

(in %)
Year Annual Inflation Rate (%)
2024 23.13%
2023 31.23%
2022 22.96%
2021 3.76%
2020 5.1%
2019 3.32%
2018 2.04%
2017 0.83%
2016 1.6%
2015 1.28%
2014 4.13%
2013 6.37%
2012 4.26%
2011 7.57%
2010 5.98%
2009 0.14%
2008 7.63%
2007 4.66%
2006 6.55%
2005 7.17%
2004 10.46%
2003 15.49%
2002 10.63%
2001 7.81%
2000 25.08%
1999 125.27%
1998 90.98%
1997 27.51%
1996 13.02%
1995 19.59%
1994 6.78%
1993 6.27%
1992 9.86%
1991 13.44%
1990 35.64%
1989 61.33%
Laos Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Laos.