Inflation Rate in Libya averaged 7.64 percent from 2004 until 2020, reaching an all time high of 31.60 percent in July of 2016 and a record low of -6.10 percent in August of 2019. This page provides - Libya Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Libya Inflation Rate - values, historical data and charts - was last updated on July of 2021.
Inflation Rate in Libya is expected to be 3.50 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 2.90 in 12 months time. In the long-term, the Libya Inflation Rate is projected to trend around 3.00 percent in 2022 and 3.40 percent in 2023, according to our econometric models.