Development of inflation rates in Laos

The inflation rate in Laos moved over the past years between 0.0% and 125.3%. For 2016, an inflation rate of 1.5% was calculated.

During the observation period from 1989 to 2016, the average inflation rate was 19.9% per year. Overall, the price increase was 7,515.08 %. An item that cost 100 Kip in 1988 was 2016 so charged 7,615.08 Kip.

In only a very few countries, the price increase is that high. The rate of 125.3% in 1999 means, that compared to the previous year all prices have been increased by an average of 125.3%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.

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Inflation developments of the past 27 years compared to the European Union

Performance based on 100\% in 1988.

Laos European Union

Jahr	Laos	Ø European Union
1989	61.33 %	5.73 %
1990	35.64 %	6.30 %
1991	13.44 %	5.94 %
1992	9.86 %	5.08 %
1993	6.27 %	4.61 %
1994	6.78 %	4.71 %
1995	19.59 %	4.27 %
1996	13.02 %	3.34 %
1997	27.51 %	2.65 %
1998	90.98 %	2.41 %
1999	125.27 %	2.17 %
2000	25.08 %	3.16 %
2001	7.81 %	3.15 %
2002	10.63 %	2.31 %
2003	15.49 %	2.10 %
2004	10.46 %	2.26 %
2005	7.17 %	2.48 %
2006	6.80 %	2.60 %
2007	4.52 %	2.63 %
2008	7.63 %	4.20 %
2009	0.04 %	0.95 %
2010	5.98 %	1.67 %
2011	7.58 %	3.31 %
2012	4.26 %	2.72 %
2013	6.36 %	1.39 %
2014	4.14 %	0.22 %
2015	1.28 %	-0.06 %
2016	1.51 %	0.22 %