Inflation Libya 2018
Average inflation: 13.6%
Current Inflation
Inflation is very high at 13.6%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 28.0%. The lowest inflation was in December at -1.8%.
- Highest month
- January: 28.0%
- Lowest month
- December: -1.8%
- Difference
- 29.8 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.0% lower than the 5-year average of 15.6%.
- 5-year average
- 15.6%
- 10-year average
- 12.9%
- All-time high (2016)
- 25.9%
- All-time low (2014)
- 2.4%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +12.2 percentage point.
- Change vs. previous year
- -12.2 percentage points
- Largest monthly swing
- December: -29.8 percentage points
ECB Target
Inflation is 11.6% 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 €113.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 28.0% | +5.2 |
| February | 21.7% | -1.7 |
| March | 16.9% | -8.4 |
| April | 14.3% | -15.2 |
| May | 14.5% | -17.0 |
| June | 15.3% | -12.7 |
| July | 15.9% | -7.8 |
| August | 14.9% | -8.8 |
| September | 14.6% | -7.5 |
| October | 7.1% | -17.4 |
| November | 2.2% | -25.1 |
| December | -1.8% | -29.8 |
| Average | 13.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.