Inflation Rate in Libya decreased to 5.20 percent in May from 5.50 percent in April of 2022. source: Bureau of Statistics and Census Libya

Inflation Rate in Libya averaged 7.35 percent from 2004 until 2022, 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 October of 2022.

Inflation Rate in Libya is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Libya Inflation Rate is projected to trend around 3.50 percent in 2023 and 3.20 percent in 2024, according to our econometric models.

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Libya Inflation Rate

Related Last Previous Unit Reference
Inflation Rate 5.00 5.20 percent Jun 2022
Food Inflation 4.54 4.88 percent Jun 2022
Inflation Rate MoM 0.10 0.10 percent Jul 2022
CPI Transportation 210.90 210.20 points Jul 2022
CPI Housing Utilities 193.60 192.20 points Jul 2022
Consumer Price Index CPI 288.60 288.20 points Jul 2022

Libya Inflation Rate
In Libya, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the consumer price index are Food and beverages (38.8 percent of the total weight), Housing, water, electricity and other fuels (22.7 percent), Transport (8.1 percent), Clothing and footwear (6.4 percent), Furniture and household equipment (4.9 percent), Health (4.1 percent), and Education (4.0 percent). Recreation and culture, Communication, Restaurant and hotels, tobacco, and Miscellaneous goods and services account for the remaining 11 percent.
Actual Previous Highest Lowest Dates Unit Frequency
5.00 5.20 31.60 -6.10 2004 - 2022 percent Monthly