Lao PDR's gross national expenditure deflator (base year varies by country) was 112.74 in 2016, the latest year in the World Bank's World Development Indicators. That is up 67.03% from 67.5 in 2006 (5.26% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 112.74 | 2016 |
| Five years earlier | 88.04 | 2011 |
| Ten years earlier | 67.5 | 2006 |
| Highest | 116 | 2015 |
| Lowest | 50.14 | 2000 |
| Average since 2007 | 95.64 | 2007–2016 |
| First recorded | 50.14 | 2000 |
What the numbers say
In 2016, Lao PDR's gross national expenditure deflator (base year varies by country) fell 2.8% on 2015 (from 116 to 112.74).
Across the 15 yearly changes before that (2001 to 2015), the average change was +5.8% and a typical year strayed about 4.6% from that (the standard deviation). This year's change was 1.9 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 13.6% in 2012 and the biggest yearly fall was 3.1% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2007 to 2016 the straight-line trend is upward, about 4.96 a year. A straight line explains 94% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 132.21 for 2019. We show this only because the same method, fitted on earlier years, predicted 2014 to 2016 better than "no change" would have: its average miss was 4.42, against 6.61 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
What this measures
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.
All 17 values
| Year | Gross national expenditure deflator (base year varies by country) |
|---|---|
| 2016 | 112.74 |
| 2015 | 116 |
| 2014 | 111.52 |
| 2013 | 106.81 |
| 2012 | 100 |
| 2011 | 88.04 |
| 2010 | 85.63 |
| 2009 | 79.08 |
| 2008 | 81.61 |
| 2007 | 75 |
| 2006 |
Gross national expenditure deflator (base year varies by country) in nearby economies
- Brunei Darussalam — 100.98 (2025)
- Cambodia — 120.74 (2025)
- China — 106.38 (2024)
- Indonesia — 174.75 (2025)
- Japan — 110.61 (2024)
- Kiribati — 130.48 (2024)
- Korea, Rep. — 116.18 (2025)
- Macao SAR, China — 100.1 (2025)
- Malaysia
More economic policy & debt data for Lao PDR
- Grants, excluding technical cooperation (BoP, current US$) — US$347.91 million (2023)
- Technical cooperation grants (BoP, current US$) — US$90.18 million (2023)
- Net bilateral aid flows from DAC donors, Japan (current US$) — US$41.74 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$435.39 million (2023)
- Net official development assistance and official aid received (current US$) — US$514.84 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$514.84 million (2023)
- Net official development assistance received (current US$) — US$514.84 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Lao PDR's gross national expenditure deflator (base year varies by country)?
- 112.74 in 2016, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 124.87% from 50.14 in 2000 (5.2% a year on average, compounded). The highest value was 116 in 2015 and the lowest 50.14 in 2000.
Source
World Bank, World Development Indicators, indicator NE.DAB.DEFL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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