Inflation Rate in Laos increased to 3.55 percent in May from 3.23 percent in April of 2021. source: Bank of the Lao PDR
Inflation Rate in Laos averaged 17.17 percent from 1989 until 2021, reaching an all time high of 167 percent in March of 1999 and a record low of -2.26 percent in August of 2009. This page provides the latest reported value for - Laos Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Laos Inflation Rate - values, historical data and charts - was last updated on August of 2021.
Inflation Rate in Laos is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Laos to stand at 3.00 in 12 months time. In the long-term, the Laos Inflation Rate is projected to trend around 3.60 percent in 2022 and 4.00 percent in 2023, according to our econometric models.