Laos Inflation Rate

The inflation rate in Laos was recorded at 5.66 percent in February of 2014. Inflation Rate in Laos is reported by the Bank of the Lao PDR. Inflation Rate in Laos averaged 21.96 Percent from 1989 until 2014, reaching an all time high of 167 Percent in March of 1999 and a record low of -2.26 Percent in August of 2009. In Laos, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Laos Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
5.66 5.99 167.00 -2.26 5.10 | 2014/06 1989 - 2014 Percent Monthly

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Laos Inflation Rate
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Prices Last Previous Highest Lowest Forecast Unit
Inflation Rate 5.66 2014-02-28 5.99 167.00 -2.26 5.10 2014-06-30 Percent [+]
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Inflation Rate | Notes
The data given on this page shows an annual change in the Consumer Price Index. The CPI measures changes in the price level of consumer goods and services purchased by households. The CPI is calculated by taking price changes for each item in the predetermined basket of goods and services and averaging them. The items weight according to their importance. Depending on the country, the highest weights are usually given to the food, energy, housing, clothing, medical care, transportation and household equipment.


RELATED NEWS

Laos Government Budget at -12.40 Percent of GDP  
Laos recorded a Government Budget deficit equal to 12.40 percent of the country's Gross Domestic Product in 2013. Government Budget in Laos is reported by the Bank of the Lao PDR.
Laos GDP Annual Growth Rate at 7.93 Percent  
The Gross Domestic Product (GDP) in Laos expanded 7.93 percent in 2012 from the previous year. GDP Annual Growth Rate in Laos is reported by the Bank of the Lao PDR.
Laos Current Account to GDP at 2.30 Percent  
Laos recorded a Current Account surplus of 2.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Laos is reported by the Bank of the Lao PDR.
Laos Exports at 565.54 USD Million  
Exports in Laos increased to 565.54 USD Million in the second quarter of 2013 from 525.44 USD Million in the first quarter of 2013. Exports in Laos is reported by the Bank of the Lao PDR.
Laos Inflation Rate at 5.66 Percent  
The inflation rate in Laos was recorded at 5.66 percent in February of 2014. Inflation Rate in Laos is reported by the Bank of the Lao PDR.
Laos Personal Income Tax Rate at 24.00 percent  
The Personal Income Tax Rate in Laos stands at 24 percent. Personal Income Tax Rate in Laos is reported by the Ministry of Finance.
Laos Corporate Tax Rate at 24.00 percent  
The Corporate Tax Rate in Laos stands at 24 percent. Corporate Tax Rate in Laos is reported by the Ministry of Finance.
Laos Sales Tax Rate | VAT at 10.00 Percent  
The Sales Tax Rate in Laos stands at 10 percent. Sales Tax Rate in Laos is reported by the Ministry of Finance.
Laos Government Debt To GDP at 33.43 Percent  
Laos recorded a Government Debt to GDP of 33.43 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Laos is reported by the Bank of the Lao PDR.
Laos Balance of Trade at -83.26 USD Million  
Laos recorded a trade deficit of 83.26 USD Million in the second quarter of 2013. Balance of Trade in Laos is reported by the Bank of the Lao PDR.
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