GDP deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic

Lao People's Democratic Republic: GDP deflator (base year varies by country), annual growth rate was 13.91 % change on previous year in 2024. ◆ Volatile

Latest (2024)
13.91 % change on previous year
Change on year
down 43.0%
World rank
27th
of 211 countries
All-time high
127.97 % change on previous year
in 1999
All-time low
-2.93 % change on previous year
in 2009
Years of data
40
1985–2024

GDP deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic, 1985–2024

0501001501985200420241985: 64.8 % change on previous year1986: 51.1 % change on previous year1987: 14.4 % change on previous year1988: 25.8 % change on previous year1989: 55.3 % change on previous year1990: 37.9 % change on previous year1991: 13 % change on previous year1992: 6 % change on previous year1993: 11.2 % change on previous year1994: 7.7 % change on previous year1995: 19.7 % change on previous year1996: 13.7 % change on previous year1997: 19.4 % change on previous year1998: 84.5 % change on previous year1999: 128 % change on previous year2000: 24.8 % change on previous year2001: 8.9 % change on previous year2002: 6.3 % change on previous year2003: 13.5 % change on previous year2004: 10.7 % change on previous year2005: 8.6 % change on previous year2006: 10.8 % change on previous year2007: 7.4 % change on previous year2008: 8.9 % change on previous year2009: -2.9 % change on previous year2010: 9.2 % change on previous year2011: 10.5 % change on previous year2012: 7.5 % change on previous year2013: 6.5 % change on previous year2014: 5.7 % change on previous year2015: 2.3 % change on previous year2016: 3 % change on previous year2017: 1.9 % change on previous year2018: 1.9 % change on previous year2019: 1.2 % change on previous year2020: 5 % change on previous year2021: 3.7 % change on previous year2022: 15.8 % change on previous year2023: 24.4 % change on previous year2024: 13.9 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gdp deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic stood at 13.91 % change on previous year.

The figure is down 43.0% on the previous year and up 142.9% over ten years.

Over the whole period, gdp deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic peaked at 127.97 % change on previous year in 1999 and was at its lowest, -2.93 % change on previous year, in 2009.

That places Lao People's Democratic Republic 27th out of 211 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic, year by year

Annual values for GDP deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic, 1985 to 2024.
Year % change on previous year Change
1985 64.82 % change on previous year
1986 51.12 % change on previous year -21.1%
1987 14.43 % change on previous year -71.8%
1988 25.85 % change on previous year +79.2%
1989 55.27 % change on previous year +113.8%
1990 37.91 % change on previous year -31.4%
1991 12.97 % change on previous year -65.8%
1992 5.99 % change on previous year -53.8%
1993 11.18 % change on previous year +86.6%
1994 7.7 % change on previous year -31.1%
1995 19.69 % change on previous year +155.6%
1996 13.73 % change on previous year -30.3%
1997 19.35 % change on previous year +41.0%
1998 84.5 % change on previous year +336.7%
1999 127.97 % change on previous year +51.4%
2000 24.8 % change on previous year -80.6%
2001 8.87 % change on previous year -64.2%
2002 6.32 % change on previous year -28.7%
2003 13.45 % change on previous year +112.9%
2004 10.69 % change on previous year -20.5%
2005 8.64 % change on previous year -19.2%
2006 10.8 % change on previous year +25.1%
2007 7.44 % change on previous year -31.2%
2008 8.86 % change on previous year +19.2%
2009 -2.93 % change on previous year -133.1%
2010 9.2 % change on previous year -413.7%
2011 10.47 % change on previous year +13.8%
2012 7.53 % change on previous year -28.1%
2013 6.47 % change on previous year -14.0%
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 +3.6%
2019 1.2 % change on previous year -37.6%
2020 5.03 % change on previous year +320.6%
2021 3.71 % change on previous year -26.3%
2022 15.77 % change on previous year +324.8%
2023 24.42 % change on previous year +54.8%
2024 13.91 % change on previous year -43.0%

Averages by decade

DecadeAverage LowestHighest Years
1980s 42.3 % change on previous year 14.43 % change on previous year 64.82 % change on previous year 5
1990s 34.1 % change on previous year 5.99 % change on previous year 127.97 % change on previous year 10
2000s 9.69 % change on previous year -2.93 % change on previous year 24.8 % change on previous year 10
2010s 4.97 % change on previous year 1.2 % change on previous year 10.47 % change on previous year 10
2020s 12.57 % change on previous year 3.71 % change on previous year 24.42 % change on previous year 5

Countries ranked near Lao People's Democratic Republic

  1. 24 Sao Tome and Principe 14.35 % change on previous year compare
  2. 25 Congo, Democratic Republic of the 14.31 % change on previous year compare
  3. 26 American Samoa 14.15 % change on previous year compare
  4. 28 Uzbekistan 13.39 % change on previous year compare
  5. 29 Ukraine 12.28 % change on previous year compare
  6. 30 Myanmar 12.06 % change on previous year compare

See the full ranking of 211 places →

More population data for Lao People's Democratic Republic

All data for Lao People's Democratic Republic →

Frequently asked questions

What is gdp deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic?
Gdp deflator (base year varies by country), annual growth rate 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 (base year varies by country), annual growth rate recorded in Lao People's Democratic Republic?
The highest recorded value was 127.97 % change on previous year in 1999.
What is the lowest gdp deflator (base year varies by country), annual growth rate recorded in Lao People's Democratic Republic?
The lowest recorded value was -2.93 % change on previous year in 2009.
How does Lao People's Democratic Republic rank for gdp deflator (base year varies by country), annual growth rate?
Lao People's Democratic Republic ranks 27th out of 211 countries with data for 2024.
Is gdp deflator (base year varies by country), annual growth rate 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 (base year varies by country), annual growth rate. Statizoid updates them automatically from the source API.

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GDP deflator (base year varies by country), annual growth rate in Lao People's Democratic Republic. Statizoid, drawing on Statizoid (derived). Retrieved 30 August 2026, from https://population.statizoid.com/stat/gdp-deflator-base-year-varies-by-country-annual-growth-rate/lao-pdr/

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How this figure is calculated

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP deflator (base year varies by country), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 9,847 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP deflator (base year varies by country). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.