GDP Deflator — Value US$, 2015 prices in Lao People's Democratic Republic
Lao People's Democratic Republic: GDP Deflator — Value US$, 2015 prices was 64.95 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Lao People's Democratic Republic, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Lao People's Democratic Republic stood at 64.95 USD.
That represents a change of down 6.9% on the previous year and down 34.2% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Lao People's Democratic Republic peaked at 103.46 USD in 2018 and was at its lowest, 11.34 USD, in 1970.
Lao People's Democratic Republic ranks 214th of 222 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Lao People's Democratic Republic, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 11.34 USD | — |
| 1971 | 11.91 USD | +5.1% |
| 1972 | 12.43 USD | +4.3% |
| 1973 | 13.11 USD | +5.5% |
| 1974 | 14.29 USD | +9.0% |
| 1975 | 15.61 USD | +9.3% |
| 1976 | 16.47 USD | +5.5% |
| 1977 | 17.5 USD | +6.2% |
| 1978 | 18.73 USD | +7.0% |
| 1979 | 20.28 USD | +8.3% |
| 1980 | 22.11 USD | +9.0% |
| 1981 | 24.21 USD | +9.5% |
| 1982 | 25.7 USD | +6.2% |
| 1983 | 26.71 USD | +3.9% |
| 1984 | 27.67 USD | +3.6% |
| 1985 | 28.55 USD | +3.2% |
| 1986 | 29.12 USD | +2.0% |
| 1987 | 29.84 USD | +2.5% |
| 1988 | 30.9 USD | +3.5% |
| 1989 | 32.11 USD | +3.9% |
| 1990 | 33.31 USD | +3.7% |
| 1991 | 37.94 USD | +13.9% |
| 1992 | 41.22 USD | +8.7% |
| 1993 | 43.95 USD | +6.6% |
| 1994 | 47.31 USD | +7.6% |
| 1995 | 50.7 USD | +7.2% |
| 1996 | 50 USD | -1.4% |
| 1997 | 43.59 USD | -12.8% |
| 1998 | 30.85 USD | -29.2% |
| 1999 | 32.53 USD | +5.5% |
| 2000 | 36.64 USD | +12.6% |
| 2001 | 35.06 USD | -4.3% |
| 2002 | 34.23 USD | -2.4% |
| 2003 | 36.92 USD | +7.9% |
| 2004 | 40.7 USD | +10.2% |
| 2005 | 43.58 USD | +7.1% |
| 2006 | 53.86 USD | +23.6% |
| 2007 | 57.7 USD | +7.1% |
| 2008 | 67.17 USD | +16.4% |
| 2009 | 66.03 USD | -1.7% |
| 2010 | 73.74 USD | +11.7% |
| 2011 | 83.1 USD | +12.7% |
| 2012 | 88.11 USD | +6.0% |
| 2013 | 95.89 USD | +8.8% |
| 2014 | 98.74 USD | +3.0% |
| 2015 | 100 USD | +1.3% |
| 2016 | 103.06 USD | +3.1% |
| 2017 | 103.44 USD | +0.4% |
| 2018 | 103.46 USD | +0.0% |
| 2019 | 101.34 USD | -2.0% |
| 2020 | 100.1 USD | -1.2% |
| 2021 | 96.52 USD | -3.6% |
| 2022 | 74.44 USD | -22.9% |
| 2023 | 69.79 USD | -6.2% |
| 2024 | 64.95 USD | -6.9% |
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices in Lao People's Democratic Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | -29.2% | 43.59 USD | 30.85 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.17 USD | 11.34 USD | 20.28 USD | 10 |
| 1980s | 27.69 USD | 22.11 USD | 32.11 USD | 10 |
| 1990s | 41.14 USD | 30.85 USD | 50.7 USD | 10 |
| 2000s | 47.19 USD | 34.23 USD | 67.17 USD | 10 |
| 2010s | 95.09 USD | 73.74 USD | 103.46 USD | 10 |
| 2020s | 81.16 USD | 64.95 USD | 100.1 USD | 5 |
Countries ranked near Lao People's Democratic Republic
- 211 Sierra Leone 75.85 USD compare
- 212 Uzbekistan 72.83 USD compare
- 213 Egypt 65.95 USD compare
- 215 Yugoslav SFR 60.35 USD compare
- 216 Myanmar 51.51 USD compare
- 217 USSR 48.49 USD compare
More economy & growth data for Lao People's Democratic Republic
- Gross Fixed Capital Formation Deflator — Value Standard Local 1.97 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -6.93 % change on previous year (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices, annual 13.91 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -16.69 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -2.97 % 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$, 2015 prices, annual growth rate 4.26 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, annual 8 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.92 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -11.76 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Lao People's Democratic Republic?
- Gdp deflator — value us$, 2015 prices in Lao People's Democratic Republic was 64.95 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Lao People's Democratic Republic?
- The highest recorded value was 103.46 USD in 2018.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Lao People's Democratic Republic?
- The lowest recorded value was 11.34 USD in 1970.
- How does Lao People's Democratic Republic rank for gdp deflator — value us$, 2015 prices?
- Lao People's Democratic Republic ranks 214th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is down 34.2%. The long-run trend across the full record is volatile.
- Where does this Lao People's Democratic Republic data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).