Inflation Libya 2016
Average inflation: 25.9%
Current Inflation
Inflation is very high at 25.9%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 31.6%. The lowest inflation was in January at 22.2%.
- Highest month
- July: 31.6%
- Lowest month
- January: 22.2%
- Difference
- 9.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 16.3% higher than the 5-year average of 9.6%. This approaches the highest level since records began (25.9% in 2016).
- 5-year average
- 9.6%
- 10-year average
- 10.6%
- All-time high (2016)
- 25.9%
- All-time low (2014)
- 2.4%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by +15.6 percentage point.
- Change vs. previous year
- +15.6 percentage points
- Largest monthly swing
- July: +23.8 percentage points
ECB Target
Inflation is 23.9% 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 €125.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 22.2% | +16.2 |
| February | 22.7% | +15.6 |
| March | 26.5% | +17.2 |
| April | 23.5% | +13.1 |
| May | 24.4% | +15.9 |
| June | 27.4% | +20.0 |
| July | 31.6% | +23.8 |
| August | 30.1% | +21.0 |
| September | 29.0% | +16.3 |
| October | 24.4% | +10.7 |
| November | 24.5% | +9.5 |
| December | 24.0% | +7.1 |
| Average | 25.9% |
Data source
Data from WorldBank. Last updated: 06/01/2026.