Inflation Lebanon 2020

Average inflation: 84.3%

Inflation in 2020

Inflation is very high at 84.3%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 145.8%. The lowest inflation was in January at 10.0%.

Highest month
December: 145.8%
Lowest month
January: 10.0%
Difference
135.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 254.3%. The lowest price increase was in Energy with an average of 7.7%.

Highest increase
Food: 254.3%
Lowest increase
Energy: 7.7%

Historical Context

Inflation is 64.9 percentage points higher than the 5-year average of 19.4%. This approaches the highest level since records began (84.3% in 2020).

5-year average
19.4%
10-year average
11.2%
All-time high (2020)
84.3%
All-time low (2015)
-3.8%

Trend

Over the period 2018-2020, inflation shows an upward trend. Compared to 2019, inflation has risen by 81.3 percentage points.

Change vs. previous year
+81.3 percentage points
Largest monthly swing
December: +138.8 percentage points

ECB Target

Inflation is 82.3 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for LBP 100 this year will cost approximately LBP 184 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Inflation by category

Food
254.3%
+170.0 vs avg.
Energy
7.7%
-76.6 vs avg.

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2019
January 10.0% +6.8
February 11.4% +8.3
March 17.5% +13.4
April 46.6% +42.6
May 56.5% +53.0
June 89.7% +88.0
July 112.4% +111.0
August 120.0% +118.8
September 131.0% +129.9
October 136.8% +134.3
November 133.5% +130.2
December 145.8% +138.8
Average 84.3%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also