GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Lao People's Democratic Republic
Lao People's Democratic Republic: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 13.91 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Lao People's Democratic Republic, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Lao People's Democratic Republic recorded 13.91 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
The figure is down 23.4% on the previous year and up 142.9% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Lao People's Democratic Republic peaked at 188.66 % change on previous year in 1980 and was at its lowest, -4.27 % change on previous year, in 2009.
Lao People's Democratic Republic ranks 22nd of 209 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Lao People's Democratic Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 1.33 % change on previous year | — |
| 1972 | 25.11 % change on previous year | +1781.4% |
| 1973 | 30.81 % change on previous year | +22.7% |
| 1974 | 50 % change on previous year | +62.3% |
| 1975 | 29.75 % change on previous year | -40.5% |
| 1976 | 10.9 % change on previous year | -63.4% |
| 1977 | 89.98 % change on previous year | +725.5% |
| 1978 | 8.9 % change on previous year | -90.1% |
| 1979 | 3.16 % change on previous year | -64.5% |
| 1980 | 188.66 % change on previous year | +5862.4% |
| 1981 | -0.8145 % change on previous year | -100.4% |
| 1982 | 66.94 % change on previous year | -8317.6% |
| 1983 | 77.22 % change on previous year | +15.4% |
| 1984 | 34.64 % change on previous year | -55.1% |
| 1985 | 175.97 % change on previous year | +408.0% |
| 1986 | 40.41 % change on previous year | -77.0% |
| 1987 | 31.3 % change on previous year | -22.6% |
| 1988 | 45.01 % change on previous year | +43.8% |
| 1989 | 65.23 % change on previous year | +44.9% |
| 1990 | 33.12 % change on previous year | -49.2% |
| 1991 | 12.99 % change on previous year | -60.8% |
| 1992 | 10.83 % change on previous year | -16.6% |
| 1993 | 6.64 % change on previous year | -38.7% |
| 1994 | 7.85 % change on previous year | +18.3% |
| 1995 | 20.17 % change on previous year | +156.8% |
| 1996 | 12.87 % change on previous year | -36.2% |
| 1997 | 19.26 % change on previous year | +49.6% |
| 1998 | 85.25 % change on previous year | +342.6% |
| 1999 | 127.11 % change on previous year | +49.1% |
| 2000 | 25.09 % change on previous year | -80.3% |
| 2001 | 8.61 % change on previous year | -65.7% |
| 2002 | 9.66 % change on previous year | +12.2% |
| 2003 | 13.35 % change on previous year | +38.2% |
| 2004 | 10.4 % change on previous year | -22.1% |
| 2005 | 7.8 % change on previous year | -25.0% |
| 2006 | 17.77 % change on previous year | +127.8% |
| 2007 | 1.31 % change on previous year | -92.6% |
| 2008 | 5.95 % change on previous year | +353.2% |
| 2009 | -4.27 % change on previous year | -171.6% |
| 2010 | 8.29 % change on previous year | -294.4% |
| 2011 | 9.63 % change on previous year | +16.2% |
| 2012 | 5.72 % change on previous year | -40.6% |
| 2013 | 6.47 % change on previous year | +13.2% |
| 2014 | 5.73 % change on previous year | -11.5% |
| 2015 | 2.35 % change on previous year | -59.0% |
| 2016 | 3.02 % change on previous year | +28.7% |
| 2017 | 1.85 % change on previous year | -38.7% |
| 2018 | 1.92 % change on previous year | +3.4% |
| 2019 | 1.2 % change on previous year | -37.5% |
| 2020 | 2.94 % change on previous year | +145.2% |
| 2021 | 3.38 % change on previous year | +15.1% |
| 2022 | 11.62 % change on previous year | +243.9% |
| 2023 | 18.16 % change on previous year | +56.3% |
| 2024 | 13.91 % change on previous year | -23.4% |
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +8317.6% | -0.8145 % change on previous year | 66.94 % change on previous year |
| 1980 | +5862.4% | 3.16 % change on previous year | 188.66 % change on previous year |
| 1972 | +1781.4% | 1.33 % change on previous year | 25.11 % change on previous year |
| 1977 | +725.5% | 10.9 % change on previous year | 89.98 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.77 % change on previous year | 1.33 % change on previous year | 89.98 % change on previous year | 9 |
| 1980s | 72.46 % change on previous year | -0.8145 % change on previous year | 188.66 % change on previous year | 10 |
| 1990s | 33.61 % change on previous year | 6.64 % change on previous year | 127.11 % change on previous year | 10 |
| 2000s | 9.57 % change on previous year | -4.27 % change on previous year | 25.09 % change on previous year | 10 |
| 2010s | 4.62 % change on previous year | 1.2 % change on previous year | 9.63 % change on previous year | 10 |
| 2020s | 10 % change on previous year | 2.94 % change on previous year | 18.16 % change on previous year | 5 |
Countries ranked near Lao People's Democratic Republic
- 19 Nigeria 14.45 % change on previous year compare
- 20 Sao Tome and Principe 14.35 % change on previous year compare
- 21 Democratic Republic of the Congo 14.31 % change on previous year compare
- 23 Uzbekistan 13.39 % change on previous year compare
- 24 Ukraine 12.28 % change on previous year compare
- 25 Myanmar 12.06 % change on previous year compare
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.26 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.26 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Lao People's Democratic Republic?
- Gdp deflator — value standard local currency, 2015 prices, annual in Lao People's Democratic Republic was 13.91 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Lao People's Democratic Republic?
- The highest recorded value was 188.66 % change on previous year in 1980.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Lao People's Democratic Republic?
- The lowest recorded value was -4.27 % change on previous year in 2009.
- How does Lao People's Democratic Republic rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Lao People's Democratic Republic ranks 22nd out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 142.9%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.