The inflation rate in Laos was recorded at 5.34 percent in October of 2019. It is the highest inflation rate since February 2014.
Inflation Rate in Laos averaged 17.89 percent from 1989 until 2019, 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.
Inflation Rate in Laos is expected to be 4.50 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 3.50 in 12 months time. In the long-term, the Laos Inflation Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.