Inflation Libya 2017
Average inflation: 25.8%
Current Inflation
Inflation is very high at 25.8%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 31.5%. The lowest inflation was in September at 22.1%.
- Highest month
- May: 31.5%
- Lowest month
- September: 22.1%
- Difference
- 9.4 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 12.4% higher than the 5-year average of 13.4%. This approaches the highest level since records began (25.9% in 2016).
- 5-year average
- 13.4%
- 10-year average
- 12.8%
- All-time high (2016)
- 25.9%
- All-time low (2014)
- 2.4%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by -0.1 percentage point.
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- July: -7.9 percentage points
ECB Target
Inflation is 23.8% 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 €125.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 22.8% | +0.6 |
| February | 23.4% | +0.7 |
| March | 25.3% | -1.2 |
| April | 29.5% | +6.0 |
| May | 31.5% | +7.1 |
| June | 28.0% | +0.6 |
| July | 23.7% | -7.9 |
| August | 23.7% | -6.4 |
| September | 22.1% | -6.9 |
| October | 24.5% | +0.1 |
| November | 27.3% | +2.8 |
| December | 28.0% | +4.0 |
| Average | 25.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.