Laos Gasoline prices, 30-Sep-2024
The current gasoline price in Laos is LAK 28,980.00 per liter or USD 1.31 per liter and was updated on 30-Sep-2024.
For comparison, the average price of gasoline in the world is USD 1.20 per liter.
Laos |
Gasoline prices |
|---|---|
| Current price | 1.31 |
| Measure | USD/Liter |
| Last update | 2024-09-30 |
| Data availability from | 2014-10-20 |
| Data frequency | Weekly |
Source: Lao State Fuel Company
We show Octane-95 gasoline price data for Laos
from 2014-10-20 to 2024-09-30.
The average gasoline price during that period is LAK 14,666.03
per liter with a minimum of
LAK 8,080.00 on 2020-06-15 and a maximum of
LAK 33,300.00 on 2024-07-08.
Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources.
We update the series for Laos every week.
Gasoline prices |
Price (LAK/Liter) | Percent change |
|---|---|---|
| Current price | 28,980.00 | - |
| One month ago | 30,780.00 | -5.8 % |
| Three months ago | 33,300.00 | -13.0 % |
| One year ago | 30,920.00 | -6.3 % |
Laos Gasoline prices: The last eight weeks
Laos Gasoline prices, liter, Laos Kip
* A long flat line means that the government fixes the prices.
Laos: Gasoline price analytics |
Value |
|---|---|
| Percent of world average gasoline price | 104.36% |
| Correlation with crude oil prices | 0.65 |
| Percent change if oil prices increase 10% | 5.22% |
| Correlation with USD exchange rate | -0.98 |
| Price flexibility index: 0 (low) - 1 (high) | 0.21 |
| Correlation with diesel fuel prices | 0.99 |
| Percent of diesel price | 154.00% |
| Cost of 40 liter tank, percent of income | 27.57% |
| Gasoline consumption, percent of income | 1.76% |
Updated monthly. Methodological notes
