Development of inflation rates in Laos
The inflation rate for consumer prices in Laos moved over the past 32 years between 0.1% and 125.3%. For 2021, an inflation rate of 3.8% was calculated.During the observation period from 1989 to 2021, the average inflation rate was 17.2% per year. Overall, the price increase was 8,734.42 %. An item that cost 100 Kip in 1989 was so charged 8,834.42 Kip in the beginning of 2022.
› Inflation rates in global comparison
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Performance over the last 32 years compared to the US
In only a very few countries, the price increase is that high. The Consumer Price Index (CPI) 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.Performance based on 100% in 1988:
Inflation calculator for Laos
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Kip in 1989 corresponds to an amount of 88,344.25 Kip at the beginning of 2022 due to inflation.Development of inflation rates for consumer goods in Laos
Historical inflation rates in comparison
| Year | Laos | Ø USA | Ø World |
|---|---|---|---|
| 2021 | 3.76 % | 4.70 % | 3.42 % |
| 2020 | 5.10 % | 1.23 % | 1.91 % |
| 2019 | 3.32 % | 1.81 % | 2.21 % |
| 2018 | 2.04 % | 2.44 % | 2.44 % |
| 2017 | 0.83 % | 2.13 % | 2.19 % |
| 2016 | 1.60 % | 1.26 % | 1.55 % |
| 2015 | 1.28 % | 0.12 % | 1.43 % |
| 2014 | 4.13 % | 1.62 % | 2.35 % |
| 2013 | 6.37 % | 1.46 % | 2.62 % |
| 2012 | 4.26 % | 2.07 % | 3.73 % |
| 2011 | 7.57 % | 3.16 % | 4.82 % |
| 2010 | 5.98 % | 1.64 % | 3.35 % |
| 2009 | 0.14 % | -0.36 % | 2.94 % |
| 2008 | 7.63 % | 3.84 % | 8.95 % |
| 2007 | 4.66 % | 2.85 % | 4.82 % |
| 2006 | 6.55 % | 3.23 % | 4.28 % |
| 2005 | 7.17 % | 3.39 % | 4.11 % |
| 2004 | 10.46 % | 2.68 % | 3.38 % |
| 2003 | 15.49 % | 2.27 % | 3.03 % |
| 2002 | 10.63 % | 1.59 % | 2.83 % |
| 2001 | 7.81 % | 2.83 % | 3.84 % |
| 2000 | 25.08 % | 3.38 % | 3.49 % |
| 1999 | 125.27 % | 2.19 % | 3.08 % |
| 1998 | 90.98 % | 1.55 % | 5.11 % |
| 1997 | 27.51 % | 2.34 % | 5.57 % |
| 1996 | 13.02 % | 2.93 % | 6.55 % |
| 1995 | 19.59 % | 2.81 % | 9.15 % |
| 1994 | 6.78 % | 2.61 % | 10.32 % |
| 1993 | 6.27 % | 2.95 % | 7.51 % |
| 1992 | 9.86 % | 3.03 % | 7.71 % |
| 1991 | 13.44 % | 4.23 % | 9.00 % |
| 1990 | 35.64 % | 5.40 % | 8.13 % |
| 1989 | 61.33 % | 4.83 % | 7.00 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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