Current inflation لبنان 192.3%

December 2023

Current Inflation

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

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.

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.

Last 12 months

5-year trend

Statistics

This year (avg.)
222.4%
Last year
183.8%
5-year average
222.4%
All-time high (2023)
222.4%