Inflation Libya 2014
Average inflation: 2.4%
Current Inflation
Inflation is normal at 2.4%, around the ECB target.
Peak and Trough
The highest inflation was in December at 7.1%. The lowest inflation was in March at -0.9%.
- Highest month
- December: 7.1%
- Lowest month
- March: -0.9%
- Difference
- 8.0 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.4% lower than the 5-year average of 6.8%. This approaches the lowest level since records began (2.4% in 2014).
- 5-year average
- 6.8%
- 10-year average
- 6.8%
- All-time high (2011)
- 15.4%
- All-time low (2014)
- 2.4%
Trend
Inflation shows a downward trend. Compared to 2013, inflation has fallen by +0.2 percentage point.
- Change vs. previous year
- -0.2 percentage points
- Largest monthly swing
- December: +5.4 percentage points
ECB Target
Inflation is 0.4% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2014
Month overview
| Month | Inflation | Difference vs. 2013 |
|---|---|---|
| January | 2.0% | +2.4 |
| February | 0.6% | -2.9 |
| March | -0.9% | -4.3 |
| April | -0.9% | -5.2 |
| May | 1.1% | -1.4 |
| June | 1.2% | -2.9 |
| July | 0.8% | -3.2 |
| August | 3.0% | +0.1 |
| September | 2.4% | +1.0 |
| October | 6.4% | +4.7 |
| November | 6.4% | +4.0 |
| December | 7.1% | +5.4 |
| Average | 2.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.