Inflation in Laos

Laos Inflation | Economic News & Forecasts

Laos - Inflation

After a challenging first half of the year, with a spike in Covid-19 cases from late April leading to the imposition of tougher restrictions, the economy continues to face headwinds in H2. The health situation deteriorated further in early July, forcing authorities to extend restrictions and to enforce stricter measures in the capital, Vientiane. The measures, which were tightened on 31 August, have remained in place well into Q4 amid stubbornly high daily Covid-19 cases. That said, an order by the prime minister to make preparations for the reopening of the economy may signal the easing of restrictions before the launch of the China-Laos railway, which is scheduled for December. In other news, a report showing an outflow of USD 303 million worth of foreign currency—roughly one fifth of the country’s initial reserves—in Q1–Q3 this year bodes ill for the external sector.

Laos - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)1.3  1.6  0.8  2.0  3.3  

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Laos Inflation Chart

Laos Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: World Bank.

Laos Facts

Value Change Date
Exchange Rate8,8850.31 %Jan 01

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