Libya Inflation Rate 1965-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Libya inflation rate for 2023 was 2.37%, a 2.14% decline from 2022.
- Libya inflation rate for 2022 was 4.51%, a 1.64% increase from 2021.
- Libya inflation rate for 2021 was 2.87%, a 1.42% increase from 2020.
- Libya inflation rate for 2020 was 1.45%, a 3.61% increase from 2019.
| Libya Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
2.37% |
-2.14% |
| 2022 |
4.51% |
1.64% |
| 2021 |
2.87% |
1.42% |
| 2020 |
1.45% |
3.61% |
| 2019 |
-2.16% |
-15.33% |
| 2018 |
13.17% |
-12.63% |
| 2017 |
25.80% |
-0.05% |
| 2016 |
25.85% |
15.45% |
| 2015 |
10.40% |
7.97% |
| 2014 |
2.43% |
-0.17% |
| 2013 |
2.61% |
-3.45% |
| 2012 |
6.06% |
-9.46% |
| 2011 |
15.52% |
12.72% |
| 2010 |
2.80% |
0.34% |
| 2009 |
2.46% |
-7.90% |
| 2008 |
10.36% |
4.11% |
| 2007 |
6.25% |
4.79% |
| 2006 |
1.46% |
-1.19% |
| 2005 |
2.65% |
4.85% |
| 2004 |
-2.20% |
-0.01% |
| 2003 |
-2.19% |
7.61% |
| 2002 |
-9.80% |
-0.98% |
| 2001 |
-8.81% |
-5.91% |
| 2000 |
-2.90% |
-5.55% |
| 1999 |
2.65% |
-1.06% |
| 1998 |
3.71% |
0.16% |
| 1997 |
3.55% |
-0.48% |
| 1996 |
4.03% |
-3.21% |
| 1995 |
7.24% |
2.13% |
| 1994 |
5.11% |
-5.96% |
| 1993 |
11.07% |
1.71% |
| 1992 |
9.36% |
-2.54% |
| 1991 |
11.90% |
3.44% |
| 1990 |
8.45% |
6.94% |
| 1989 |
1.51% |
-4.58% |
| 1988 |
6.09% |
1.73% |
| 1987 |
4.36% |
1.06% |
| 1986 |
3.29% |
-5.85% |
| 1985 |
9.14% |
-3.34% |
| 1984 |
12.48% |
1.87% |
| 1983 |
10.61% |
0.35% |
| 1982 |
10.26% |
-0.94% |
| 1981 |
11.20% |
1.47% |
| 1980 |
9.73% |
15.77% |
| 1979 |
-6.04% |
-35.42% |
| 1978 |
29.38% |
23.10% |
| 1977 |
6.28% |
0.80% |
| 1976 |
5.48% |
-3.64% |
| 1975 |
9.12% |
1.66% |
| 1974 |
7.46% |
-0.51% |
| 1973 |
7.97% |
8.22% |
| 1972 |
-0.25% |
2.85% |
| 1971 |
-3.10% |
2.19% |
| 1970 |
-5.30% |
-15.08% |
| 1969 |
9.79% |
9.39% |
| 1968 |
0.39% |
-6.90% |
| 1967 |
7.30% |
-4.95% |
| 1966 |
12.24% |
0.82% |
| 1965 |
11.43% |
0.82% |
