Laos Diesel prices, 25-Nov-2024
The current price of diesel fuel in Laos is LAK 19,730.00 per liter or USD 0.90 per liter based on the latest update from 25-Nov-2024.
For comparison, the world average diesel price is USD 1.11 per liter.
Laos |
Diesel prices |
|---|---|
| Current price | 0.90 |
| Measure | USD/Liter |
| Last update | 2024-11-25 |
| Data availability from | 2014-12-15 |
| Data frequency | Weekly |
Source: Lao State Fuel Company
We show diesel price data for Laos
from 2014-12-15 to 2024-11-25.
The average diesel price during that period is LAK 11,249.83
per liter with a minimum of
LAK 6,600.00 on 2015-08-31 and a maximum of
LAK 21,730.00 on 2022-07-18.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Laos every week.
Diesel prices |
Price (LAK/Liter) | Percent change |
|---|---|---|
| Current price | 19,730.00 | - |
| One month ago | 19,800.00 | -0.4 % |
| Three months ago | 20,410.00 | -3.3 % |
| One year ago | 20,340.00 | -3.0 % |
Laos Diesel prices: The last eight weeks
Laos Diesel prices, liter, Laos Kip
* A long flat line means that the government fixes the prices.
Laos: Diesel price analytics |
Value |
|---|---|
| Percent of world average diesel price | 72.94% |
| Correlation with crude oil prices | 0.68 |
| Percent change if oil prices increase 10% | 5.42% |
| Correlation with USD exchange rate | -0.97 |
| Price flexibility index: 0 (low) - 1 (high) | 0.21 |
| Correlation with gasoline prices | 0.99 |
| Percent of gasoline price | 65.16% |
| Cost of 40 liter tank, percent of income | 16.93% |
| Diesel consumption, percent of income | 1.08% |
Updated monthly. Methodological notes
