The inflation rate in Libya was recorded at -6.50 percent in July of 2019. Inflation Rate in Libya averaged 8.06 percent from 2004 until 2019, reaching an all time high of 32.80 percent in May of 2017 and a record low of -7.60 percent in March of 2019.
Inflation Rate in Libya is expected to be -6.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Libya to stand at -4.00 in 12 months time. In the long-term, the Libya Inflation Rate is projected to trend around 4.00 percent in 2020, according to our econometric models.