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Libya - Inflation Rate 1979

Name: Libya Inflation Rate 1979
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

-6.04% −35.42pp from 1978 Global rank: 1st

Libya's inflation rate was -6.04% in 1979, decreased +35.42pp from 29.38% in 1978. This was the 1st highest globally.

Global Ranking - 1979▾

Inflation Rate by Country - 1979
Rank	Country	Value	YoY
1st	Libya	-6.04%	-120.6%
2nd	Saudi Arabia	1.08%	168.3%
3rd	Bahrain	2.21%	-86.0%
4th	Nepal	3.57%	-51.5%
5th	Switzerland	3.65%	254.6%
6th	Malaysia	3.65%	-24.8%
7th	Japan	3.70%	-12.1%
8th	Austria	3.71%	3.7%
9th	Germany	4.04%	48.7%
10th	Singapore	4.08%	-16.3%
11th	Vanuatu	4.17%	-35.0%
12th	Netherlands	4.20%	2.1%
13th	Belgium	4.47%	0.0%
14th	Norway	4.51%	-44.7%
15th	Luxembourg	4.55%	46.9%
16th	Syrian Arab Republic	4.55%	-5.3%
17th	Tonga	5.46%	-43.0%
18th	Myanmar	5.67%	193.8%
19th	Papua New Guinea	5.77%	-0.6%
20th	Gambia, The	6.13%	-30.8%
21st	India	6.28%	148.7%
22nd	Cameroon	6.58%	-47.2%
23rd	Poland	7.03%	-13.3%
24th	Kuwait	7.05%	-18.9%
25th	Malta	7.15%	51.8%
26th	Sweden	7.21%	-27.9%
27th	Niger	7.27%	-28.0%
28th	Finland	7.47%	-4.3%
29th	Togo	7.54%	1,602.7%
30th	Fiji	7.81%	27.8%
31st	Gabon	7.95%	-26.1%
32nd	Kenya	7.98%	-52.9%
33rd	Panama	7.99%	90.2%
34th	Solomon Islands	8.06%	28.6%
35th	European Union	8.22%	6.0%
36th	Pakistan	8.27%	34.7%
37th	Morocco	8.33%	-14.3%
38th	Hungary	8.98%	91.5%
39th	Bahamas, The	9.09%	48.8%
40th	Australia	9.12%	14.0%
41st	Canada	9.14%	1.9%
42nd	Dominican Republic	9.17%	163.8%
43rd	Costa Rica	9.19%	53.0%
44th	St. Lucia	9.39%	-13.7%
45th	Cyprus	9.46%	27.3%
46th	Denmark	9.61%	-5.9%
47th	Senegal	9.65%	182.3%
48th	Thailand	9.90%	24.9%
49th	Egypt, Arab Republic of	9.90%	-10.6%
50th	Ecuador	10.12%	-22.8%
51st	Iran, Islamic Republic of	10.49%	-10.5%
52nd	France	10.65%	15.1%
53rd	Sri Lanka	10.73%	-11.6%
54th	Samoa	11.12%	440.1%
55th	United States	11.25%	47.5%
56th	Guatemala	11.34%	36.9%
57th	Algeria	11.35%	-35.2%
58th	Nigeria	11.71%	-46.1%
59th	Botswana	11.74%	29.8%
60th	Honduras	12.14%	111.1%
61st	Seychelles	12.48%	5.9%
62nd	Tanzania	12.95%	96.9%
63rd	Haiti	13.09%	589.7%
64th	Barbados	13.17%	38.9%
65th	South Africa	13.29%	19.4%
66th	Ireland	13.30%	72.4%
67th	United Kingdom	13.42%	62.4%
68th	New Zealand	13.70%	14.6%
69th	Madagascar	14.06%	115.3%
70th	El Salvador	14.06%	5.9%
71st	Jordan	14.25%	105.8%
72nd	Mauritius	14.47%	69.3%
73rd	Trinidad and Tobago	14.72%	43.5%
74th	Italy	14.80%	22.4%
75th	Suriname	14.84%	68.2%
76th	Burkina Faso	14.99%	81.3%
77th	St. Vincent and the Grenadines	15.61%	85.2%
78th	Spain	15.66%	-20.8%
79th	Rwanda	15.67%	18.1%
80th	Lesotho	16.00%	18.7%
81st	Indonesia	16.23%	100.1%
82nd	Côte d'Ivoire	16.34%	23.4%
83rd	Eswatini	16.45%	93.2%
84th	Philippines	17.53%	139.1%
85th	Mexico	18.19%	4.2%
86th	Korea	18.32%	26.7%
87th	Greece	19.09%	51.9%
88th	Bolivia, Plurinational State of	19.72%	90.4%
89th	Grenada	20.88%	15.1%
90th	Portugal	21.90%	4.1%
91st	Colombia	24.13%	35.9%
92nd	Paraguay	28.16%	164.2%
93rd	Jamaica	29.08%	-16.7%
94th	Sudan	31.14%	61.9%
95th	Chile	33.39%	-16.7%
96th	Burundi	36.54%	52.9%
97th	Iceland	44.44%	1.6%
98th	Ghana	54.44%	-25.5%
99th	Türkiye	63.54%	2.7%
100th	Peru	66.69%	15.3%
101st	Uruguay	66.84%	50.0%
102nd	Israel	78.31%	54.9%
103rd	Congo, Democratic Republic of	101.05%	107.2%

FAQ

What was Libya's inflation rate in 1979?▾

Libya's inflation rate in 1979 was -6.04%. This ranked 1st globally.

How did Libya's inflation rate change in 1979?▾

Libya's inflation rate decreased by 120.6% in 1979 compared to 1978.

Which country had the highest inflation rate in 1979?▾

Congo, Democratic Republic of had the highest inflation rate in 1979 at 101.05%.

What is the inflation rate of Libya in 1979?▾

The inflation rate of Libya in 1979 was -6.04%. This ranked 1st globally.

How does 1979 compare to 1978 for Libya's inflation rate?▾

Libya's inflation rate went from 29.38% in 1978 to -6.04% in 1979, a 120.6% decrease.

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