Inflation Laos 2023
Average inflation: 32.1%
Current Inflation
Inflation is very high at 32.1%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 41.3%. The lowest inflation was in December at 24.4%.
- Highest month
- February: 41.3%
- Lowest month
- December: 24.4%
- Difference
- 16.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 39.5%. The lowest price increase was in Energy with an average of 21.4%.
- Highest increase
- Food: 39.5%
- Lowest increase
- Energy: 21.4%
Historical Context
Current inflation is 18.7% higher than the 5-year average of 13.4%. This approaches the highest level since records began (32.1% in 2023).
- 5-year average
- 13.4%
- 10-year average
- 7.7%
- All-time high (2023)
- 32.1%
- All-time low (2009)
- 0.2%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by +9.4 percentage point.
- Change vs. previous year
- +9.4 percentage points
- Largest monthly swing
- January: +34.1 percentage points
ECB Target
Inflation is 30.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €132.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 40.3% | +34.1 |
| February | 41.3% | +34.0 |
| March | 41.0% | +32.5 |
| April | 39.9% | +30.0 |
| May | 38.9% | +26.1 |
| June | 28.6% | +5.0 |
| July | 27.8% | +2.2 |
| August | 25.9% | -4.1 |
| September | 25.7% | -8.3 |
| October | 25.8% | -11.0 |
| November | 25.2% | -13.3 |
| December | 24.4% | -14.9 |
| Average | 32.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.