Laos Diesel prices, 09-Dec-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 09-Dec-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 | 2024-12-09 |
Data availability from | 2014-12-29 |
Data frequency | Weekly |
Source: Lao State Fuel Company
We show diesel price data for Laos
from 2014-12-29 to 2024-12-09.
The average diesel price during that period is LAK 11,289.34
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 | 19,730.00 | 0.0 % |
Three months ago | 20,410.00 | -3.3 % |
One year ago | 19,980.00 | -1.3 % |
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