The average inflation rate in Libya was forecast to continuously decrease between 2024 and 2029 by in total 0.3 percentage points. The inflation is estimated to amount to 2.56 percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Tunisia, Egypt and Sudan.
Libya: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
2.56%
2028*
2.56%
2027*
2.86%
2026*
2.86%
2025*
2.86%
2024*
2.86%
2023*
3.43%
2022
4.51%
2021
2.88%
2020
1.47%
2019
-2.87%
2018
13.97%
2017
25.86%
2016
25.87%
2015
10.01%
2014
2.43%
2013
2.59%
2012
6.07%
2011
15.9%
2010
2.46%
2009
2.45%
2008
10.4%
2007
6.21%
2006
1.47%
2005
2.66%
2004
1.25%
2003
-2.06%
2002
-9.86%
2001
-8.84%
2000
-2.91%
1999
2.57%
1998
3.72%
1997
3.59%
1996
4%
1995
8.34%
1994
10.67%
1993
7.47%
1992
9.45%
1991
11.7%
1990
0.72%
1989
4.46%
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IMF. (April 22, 2024). Libya: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved October 13, 2024, from https://www.statista.com/statistics/455605/inflation-rate-in-libya/
IMF. "Libya: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed October 13, 2024. https://www.statista.com/statistics/455605/inflation-rate-in-libya/
IMF. (2024). Libya: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: October 13, 2024. https://www.statista.com/statistics/455605/inflation-rate-in-libya/
IMF. "Libya: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/455605/inflation-rate-in-libya/
IMF, Libya: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/455605/inflation-rate-in-libya/ (last visited October 13, 2024)
Libya: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/455605/inflation-rate-in-libya/