Inflation Lebanon 2023

Average inflation: 222.4%

Current Inflation

Inflation is very high at 222.4%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 268.8%. The lowest inflation was in January at 123.5%.

Highest month
April: 268.8%
Lowest month
January: 123.5%
Difference
145.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 260.2%. The lowest price increase was in Energy with an average of 180.5%.

Highest increase
Food: 260.2%
Lowest increase
Energy: 180.5%

Historical Context

Current inflation is 93.6% higher than the 5-year average of 128.8%. This approaches the highest level since records began (222.4% in 2023).

5-year average
128.8%
10-year average
65.2%
All-time high (2023)
222.4%
All-time low (2015)
-3.8%

Trend

Inflation shows an upward trend. Compared to 2022, inflation has risen by +38.6 percentage point.

Change vs. previous year
+38.6 percentage points
Largest monthly swing
January: -116.2 percentage points

ECB Target

Inflation is 220.4% 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 €100 this year will cost approximately €322.40 next year at this inflation rate.

Multi-year trend

Monthly figures 2023

Inflation by category

Food
260.2%
+37.8vs avg.
More details →
Energy
180.5%
-41.9vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2022
January 123.5% -116.2
February 189.7% -24.9
March 263.8% +55.7
April 268.8% +62.6
May 260.2% +48.8
June 253.6% +43.5
July 251.5% +83.0
August 229.8% +67.9
September 208.5% +46.0
October 215.4% +56.9
November 211.9% +69.5
December 192.3% +70.3
Average 222.4%

Data source

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

See also