Inflation Libya 2012

Average inflation: 6.9%

Current Inflation

Inflation is very high at 6.9%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 21.7%. The lowest inflation was in October at -3.7%.

Highest month
January: 21.7%
Lowest month
October: -3.7%
Difference
25.4 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 4.3% lower than the 5-year average of 11.2%. This approaches the lowest level since records began (6.9% in 2012).

5-year average
11.2%
10-year average
11.2%
All-time high (2011)
15.4%
All-time low (2012)
6.9%

Trend

Inflation shows a downward trend. Compared to 2011, inflation has fallen by +8.5 percentage point.

Change vs. previous year
-8.5 percentage points
Largest monthly swing
September: -32.3 percentage points

ECB Target

Inflation is 4.9% 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 €106.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2012

Month overview

Month Inflation Difference vs. 2011
January 21.7% +17.4
February 19.0% +17.0
March 17.9% +15.1
April 10.5% +2.5
May 9.2% -2.4
June 8.9% -3.5
July 8.7% -4.3
August 0.1% -22.8
September -3.1% -32.3
October -3.7% -31.4
November -2.9% -28.1
December -3.7% -29.9
Average 6.9%

Data source

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

See also