Laos Diesel prices, 08-Jul-2024

The current price of diesel fuel in Laos is LAK 21,710.00 per liter or USD 0.98 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Laos
Diesel prices
 Current price 0.98
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Lao State Fuel Company


We show diesel price data for Laos from 2014-07-28 to 2024-07-08. The average diesel price during that period is LAK 10,833.50 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.


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Diesel prices
Price (LAK/Liter) Percent change
 Current price 21,710.00 -
 One month ago 20,870.00 4.0 %
 Three months ago 20,480.00 6.0 %
 One year ago 19,020.00 14.1 %


Our data on: CNN Bloomberg Reuters



Laos Diesel prices: The last eight weeks

Laos Diesel prices: The last eight weeks

Laos Diesel prices, liter, Laos Kip


Laos Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Laos: Diesel price analytics
    Value
Percent of world average diesel price     75.12%
Correlation with crude oil prices     0.69
Percent change if oil prices increase 10%     5.54%
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     65.74%
Cost of 40 liter tank, percent of income     18.16%
Diesel consumption, percent of income     1.16%
Updated monthly. Methodological notes
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