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Libya Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Libya's inflation rate was 1.82% in 2025, ranked 143rd globally. This represents a 14.4% decrease from 2024. Data from World Bank, covering 1965–2025.

1.82% −0.31pp (-14.4%)
Year 2025 Rank #143 Global Peak 29.38% (1978) Source World Bank

Libya Inflation Rate (1965–2025)

Overview

Libya's inflation rate stood at 1.82% in 2025, a decline of +0.31pp from 2024. The IMF projects 1.82% by 2025. Libya ranked 143rd globally.

Libya’s inflation rate in 2025 stood at 1.82 percent, placing the country at 143rd globally and closely matching the 1.83 percent recorded in Palau, while Hong Kong SAR, China reported 1.75 percent and Vanuatu 1.74 percent. Over the 61‑year series beginning in 1965, when inflation was 11.42 percent, Libya experienced its highest surge in 1978 with a peak of 29.38 percent, reflecting the oil‑price shock and expansive fiscal policies of that era. The most dramatic reversal came in 2002, when the index fell to a trough of –9.80 percent, driven by sharp subsidy cuts and a contraction in domestic demand. Since that low, inflation has gradually moderated, hovering in the low‑single‑digit range for most of the past decade, aided by cautious monetary tightening and modest external price stability. Continued diversification of the economy and sustained fiscal discipline could keep inflation anchored near the current level, while any resurgence in oil revenue volatility or fiscal imbalances might push the trajectory upward.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 1.57% - -
2029* IMF 1.57% - -
2028* IMF 1.57% - -
2027* IMF 1.57% - -
2026* IMF 1.57% - -
2025* IMF 1.82% - -
2025 1.82% −0.31pp #143
2024 2.13% −0.25pp #62
2023 2.37% −2.14pp #26
2022 4.51% +1.64pp #37
2021 2.87% +1.42pp #81
2020 1.45% +3.61pp #86
2019 -2.16% −15.33pp #3
2018 13.17% −12.63pp #183
2017 25.80% −0.05pp #191
2016 25.85% +15.84pp #194
2015 10.40% +7.97pp #186
2014 2.43% −0.16pp #104
2013 2.61% −3.47pp #101
2012 6.06% −9.84pp #146
2011 15.52% +13.06pp #188
Show all years (1965-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.1% GDP growth 32.5% C/A balance 6.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Libya matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Libya's inflation rate?▾

Libya's inflation rate was 1.82% in 2025. Ranked 143rd globally. This represents a 14.4% decrease from the previous year.

What was the highest inflation rate in Libya?▾

Libya's inflation rate peaked at 29.38% in 1978.

What was the lowest inflation rate in Libya?▾

The lowest inflation rate in Libya was -9.80% in 2002.

How does Libya rank in inflation rate?▾

Libya ranks 143rd globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Libya in 2025?▾

Libya's inflation rate is projected to reach 1.82% by 2025 based on IMF projection.

What is the inflation rate of Libya in 2025?▾

The inflation rate of Libya in 2025 was 1.82%. This ranks 143rd in the world.

Cite this page

APA
Libya Inflation Rate. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/libya/inflation-rate/
BibTeX
@misc{historysaid_libya_inflation-rate, title = {Libya Inflation Rate}, url = {https://historysaid.com/libya/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }
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