Value Added Deflator (Manufacturing) — Value Standard Local Currency in Lao People's Democratic Republic
Lao People's Democratic Republic: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 177.49 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Lao People's Democratic Republic, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for value added deflator (manufacturing) — value standard local currency in Lao People's Democratic Republic is 177.49 SLC, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 29.3% on the previous year and up 87.8% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Lao People's Democratic Republic peaked at 177.49 SLC in 2023 and was at its lowest, 0.0026 SLC, in 1970.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Lao People's Democratic Republic, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0026 SLC | — |
| 1971 | 0.0026 SLC | +1.4% |
| 1972 | 0.0033 SLC | +25.2% |
| 1973 | 0.0043 SLC | +30.8% |
| 1974 | 0.0064 SLC | +49.7% |
| 1975 | 0.0083 SLC | +29.8% |
| 1976 | 0.0092 SLC | +11.3% |
| 1977 | 0.0176 SLC | +90.2% |
| 1978 | 0.019 SLC | +8.3% |
| 1979 | 0.0194 SLC | +2.0% |
| 1980 | 0.0569 SLC | +192.8% |
| 1981 | 0.0576 SLC | +1.2% |
| 1982 | 0.095 SLC | +64.9% |
| 1983 | 0.1616 SLC | +70.2% |
| 1984 | 0.2097 SLC | +29.7% |
| 1985 | 0.6665 SLC | +217.9% |
| 1986 | 0.9747 SLC | +46.2% |
| 1987 | 1.08 SLC | +10.9% |
| 1988 | 1.25 SLC | +16.1% |
| 1989 | 2.14 SLC | +70.6% |
| 1990 | 2.98 SLC | +39.3% |
| 1991 | 3.38 SLC | +13.4% |
| 1992 | 3.71 SLC | +9.9% |
| 1993 | 3.96 SLC | +6.5% |
| 1994 | 4.32 SLC | +9.2% |
| 1995 | 5.14 SLC | +19.0% |
| 1996 | 5.84 SLC | +13.5% |
| 1997 | 16.12 SLC | +176.3% |
| 1998 | 15.72 SLC | -2.5% |
| 1999 | 35.94 SLC | +128.6% |
| 2000 | 44.33 SLC | +23.3% |
| 2001 | 47.79 SLC | +7.8% |
| 2002 | 55.39 SLC | +15.9% |
| 2003 | 61 SLC | +10.1% |
| 2004 | 64.21 SLC | +5.3% |
| 2005 | 68.9 SLC | +7.3% |
| 2006 | 78.26 SLC | +13.6% |
| 2007 | 79.18 SLC | +1.2% |
| 2008 | 85.16 SLC | +7.6% |
| 2009 | 96.38 SLC | +13.2% |
| 2010 | 101.4 SLC | +5.2% |
| 2011 | 103.5 SLC | +2.1% |
| 2012 | 90.57 SLC | -12.5% |
| 2013 | 94.49 SLC | +4.3% |
| 2014 | 97.87 SLC | +3.6% |
| 2015 | 100 SLC | +2.2% |
| 2016 | 101.43 SLC | +1.4% |
| 2017 | 101.84 SLC | +0.4% |
| 2018 | 103.37 SLC | +1.5% |
| 2019 | 106.03 SLC | +2.6% |
| 2020 | 109.31 SLC | +3.1% |
| 2021 | 113.7 SLC | +4.0% |
| 2022 | 137.28 SLC | +20.7% |
| 2023 | 177.49 SLC | +29.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0093 SLC | 0.0026 SLC | 0.0194 SLC | 10 |
| 1980s | 0.6697 SLC | 0.0569 SLC | 2.14 SLC | 10 |
| 1990s | 9.71 SLC | 2.98 SLC | 35.94 SLC | 10 |
| 2000s | 68.06 SLC | 44.33 SLC | 96.38 SLC | 10 |
| 2010s | 100.05 SLC | 90.57 SLC | 106.03 SLC | 10 |
| 2020s | 134.45 SLC | 109.31 SLC | 177.49 SLC | 4 |
Countries ranked near Lao People's Democratic Republic
- 3 Cabo Verde 112.67 SLC compare
- 3 Iran (Islamic Republic of) 1,428 SLC compare
- 3 Lebanon 7,705 SLC compare
- 4 Argentina 3,907 SLC compare
- 4 Türkiye 897.38 SLC compare
- 5 Democratic Republic of the Congo 407.17 SLC compare
- 5 Suriname 1,691 SLC compare
- 6 Haiti 571.27 SLC compare
- 7 Angola 538.74 SLC compare
- 7 Republic of Moldova 167.89 SLC compare
- 8 Democratic People's Republic of Korea 132.57 SLC compare
- 8 Libya 505.58 SLC compare
- 9 Timor-Leste 122.52 SLC compare
- 9 Uzbekistan 444.52 SLC compare
More economy & growth data for Lao People's Democratic Republic
- Gross Domestic Product — Value US$, 2015 prices 22,420 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 78.08 million million SLC (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.85 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.26 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -4.28 % (2024)
- Gross Domestic Product — Annual growth US$ -2.97 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 4.26 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 18.76 % (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 182.22 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 1,874 USD (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Lao People's Democratic Republic?
- Value added deflator (manufacturing) — value standard local currency in Lao People's Democratic Republic was 177.49 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Lao People's Democratic Republic?
- The highest recorded value was 177.49 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Lao People's Democratic Republic?
- The lowest recorded value was 0.0026 SLC in 1970.
- How does Lao People's Democratic Republic rank for value added deflator (manufacturing) — value standard local currency?
- Lao People's Democratic Republic ranks 6th out of 13 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is up 87.8%. 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 Value Added Deflator (Manufacturing) — Value Standard Local Currency, 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).